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Author Topic: Bitcoin Lost due to KNC's Late Shipping  (Read 3480 times)
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DPoS
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October 17, 2013, 02:23:59 AM
 #41

good luck keeping it stable at 1TH/s for every second of every month

 Might I ask what your point is, other than stating the obvious ?

 "Good luck with keeping it stable at (arbitrary hash-rate) for every second of every month"

you dense?  and I dont care if YOU dont understand my point.. let the public decide

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Xian01
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October 17, 2013, 02:47:35 AM
 #42

and I dont care if YOU dont understand my point

 Then I guess you won't care if I add you to my ignore list...

 Toodaloo !
vvic
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October 17, 2013, 07:20:42 AM
 #43

Ok, ok, guys. I understand the frustration here... However. Think of the positive sides? Like other pointed out, KnC delayed only for few days vs months or even a year... Plus they originally promised 300Gigahash rig, didn't they? Here is your compensation... I mean come on, they have created these asics from NOTHING in 4 months. Then unlike BFL, they managed to SPEED them UP not to drop the hashrate. I understand the anxiety, but think positive. Or at least try
scotjam
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October 17, 2013, 08:14:29 AM
 #44

Not to excuse KnC, but imagine trying to calculate the BTC "lost" due to Avalon's late shipping, or :ahem: BFL's...
The funny part about this is that a lot of people ended up making MORE BTC by BFL's late shipping.  If BFL had shipped on time and at the quantities stated last October, difficulty would have spiked faster than it has lately and you'd have had a year of little to no earnings compared to what you did get. 

This would also be true if BFL had never existed. The only difference being that a few shills and reporters would not have received boxes on time / early, and most of the rest of the world would have saved a fortune on hardware that would never make positive ROI by the time they received it (plus people with mining hardware would have made even *more* BTC during that year). 

scotjam
Meizirkki
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October 17, 2013, 09:23:24 AM
 #45

Then I guess you won't care if I add you to my ignore list...
this is really becoming equivalent to Godwin's law on this forum.
Bicknellski
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October 17, 2013, 09:35:42 AM
 #46

that's why they use other people's money

If they didn't you wouldn't get any miners and from this point in I doubt highly they will be able to get money, from anywhere, to chase mining hardware that can't be sold. If you are only centered on mining hardware you are dead in the water. There is plenty of coin to be had in other 'hardware' and services that bootstrap the bitcoin economy. But please don't tell BFL that or they will be building "Trezor's" at 50% less in twice the time and kill off that market as well.


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joeventura
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October 17, 2013, 11:22:13 AM
 #47

My miner shipped on time
The Avenger (OP)
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October 17, 2013, 11:30:35 AM
 #48

My miner shipped on time

I asked for and paid for UPS shipping and got DHL (don't know whether that is good or bad)

and it was shipped on the 16th, not the 15th as they had indicated.

"I am not The Avenger"
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