and what will they sell now?
They've got 500 TH of product coming...
Would you buy a blade at this point? They need the next gen product if they want to compete from now on, I am not arguing that asicminer hasnt been profitable in the past, just saying the hardware they sell is no longer profitable and there are options that are. AM needs a new product and fast
that's simply not true.
Would you buy a blade at .1 btc?
They will continue to reduce prices to compete with newer tech, that's the way it works. And people will continue to buy AM product as long as they keep prices competitive.
I doubt I would, because by the time blades are that cheap you still will never make a return. They're not selling them for 0.1 BTC so that comment has no value. So far every time the price decreases it's after the difficulty has increased by a larger factor than the decrease in price.
Look I'm not arguing that asic miner can't somehow turn things around in the future but for right now it's not looking good, and it's not looking good for btc securities in general either. The share price is slowly catching up to this fact.
Bottom line is blades and USB's will not turn this company around.
I may buy back in at some point but right now it's a losing battle, the share price will most likely continue to fall and I don't want to absorb the loss. You can argue that I am crazy and everything I say is BS but the share price continues to fall and it's not because AM is a highly profitable company that sells out faster than it can produce it's hardware.