cui bono ?
the people bitching about knc hate those hashing monsters because they invested in avalon chips or else. if they keep people from buying from knc it pays out. i was about to order big time avalon chips when i stumbled across knc. i decided - in the last moment - to switch. what would my feelings be if i had ordered a few days earlier ? would i hate them... or me? (on the other hand: i should actually not defend knc. the less they sell, the better for me, since i already did order )
it is incredible though how soft the community is about avalon and how hatefull some are towards knc. i am invested in avalon batch III and i ordered 500 avalon chips and i regret batch III
in a way the competiteveness of the asic miner producers stains through to us - the customers. keep that in mind while enjoying this show.
(i posted this in the kncminer open day first)
And Bitfury finally announced his ASICs. 2x better hashrate than BFL AND releasing specs for DIY. (waiting on pricing...)
Just waiting on someone to actually deliver sth. Avalon was the best bet, now the game is on for an August release by multiple parties.
Good times.
Bit Fury's actually offering test chips for dev's and those with test facilities, as for reasons I forget now, he is unable to test certain aspects himself. It is a pretty strong sign he is serious though...
Bitfury has several drawbacks:
Only sold in Russia.
Who is going to Russia to claim something.
In its favor:
Metabank.ru part of the project, the web is more important to change Russian bitcoins.
There are many weak links in the Bitfury distribution chain for interested parties outside of Russia. Don't blame him directly for not wanting to deal with the hassle of customs and customer complaints, but he is offering test chips for devs/DIY hackers outside of Russia, which goes a long way to confirming his intent.
BTW *may have a Jupiter 1-500 guaranteed pre-order (#250), and def have a Saturn guaranteed pre-order (#33) available. If anyone is interested PM me by tomorrow night. It can go towards travel expense/poss hotel of I chose to spend a night in Stockholm. If not come Monday eve it can just mean everyone else gets to shift a spot forward in each item...don't have a price in mind, just best bid by the time I make a final private message check wins, make sure you can pay KnC for Monday though.
you don´t buy knc ?
I shall buy KnC, almost for sure dependant on how I feel come Monday. I've always said that. Why on earth would I travel all the way there otherwise?!!
Just I was as enthusiastic with my pre-order selection and as I've also said, I'm not getting myself into debt over this. I can afford 1, maybe 2 Jupiters, but not interested in the Saturn for sure. There are many unknowns though.
When at university and performing experimental design you have to acknowledge internal and external validity.
Internal validity refers to the factors you have some control over. So in this case; choosing the company I have most confidence in, what lengths can be accomplished in validating who is behind this and what their capabilities, experience is, payment choice, likely weak links in the chain I can foresee with a certain confidence that KnC has control over.
External validity refers to the actors outside of our control, what the known competition is doing and by when they will actually achieve it, what the unknown competition is doing and when it will happen, third party supplier hiccups, force majeure, etc.
Weighing up the pros and cons and the fact I'd rather spend money on meeting them then buying a second Jupiter having not met them and feeling comfortable about that kind of money. I'd rather have some cash fund free as a float. I may even need it as an emergency, and that is more important than going all out throwing all my money at this and getting into debt. 5 years of Student debt's enough thanks!!
A couple of months back I had some more funds available, but I'm owed money by a former employer still so I'm not about to have delusions of grandeur and bet everything as some people have claimed to do. That's dumb. I'm not risking more than I can afford to, and I want to be comfortable about it!
Also visiting Stockholm for just 12 hours seems a bit of a waste, wouldn't mind a day there...