Im not one for conspiracy theories, but does the whole update seems reactionary to hashfast? Seems odd to restate hashrate when you don't have a chip, no? Its not like they could have re-engineered the chip after tape-out (since that was done already right?)
Yup, but that makes sense. The update was less for current customers and more for new customers or ones on the fence. A few hours ago there was a post on here if they should buy from KNC or the others. They were on the fence due to price and now I feel it is a clear choice. Even after they raised the hash rate, KNC mentioned that they are being conservative. Now that other companies have hash rates around 500 per chip and older companies release a 500 GH/s product that only does 475-- letting people know that 400 is the minimum will convert the people on the fence.
I loved the update, but I don't think I learned much from it. The excitement is growing and my nerves are calming.