It has been a while since we last saw an important announcement from the CAIx team, and as a result, the price has gone down by quite a bit. Of course, the MintPal fiasco didn’t help matters much either, so there’s that. There is some good news though, as the long awaited KnC Titan ASIC miner has finally been delivered!
When the CAIX team announced their Profit Sharing Program with the world, a lot of investors were over the moon about the potential profit margins coming to CAIx. After all, the original plan was to receive three KnC Titan ASIC miners, all of which would be pointed to the CAIX multipool, in order to create buy pressure on the exchanges.