There's a lot of complaining in this thread lately, which is understandable, considering large swings in stock prices can cause strong emotions.

I just wanted to put this whole thing in a bit more perspective: about 16 months ago, Bitfountain collected about $100k from investors to complete some chips. Today, they have a large warchest of savings, a steady income stream, and they are working in parallel on the 3rd generation of chips, liquid cooling +++, and the company is "valued" at approximately $100 million (not to mention that investors have already collectively received payouts of about XBT 240k, almost $200 million at today's prices). In light of this, my personal opinion is that we should at least keep the discourse respectful.

From my point of view, the company has plenty of promise and is busy fulfilling the promise. Competition has grown stronger, but anybody surprised by that is a pinhead - it was obvious from the start there would be an ASIC price-war/arms race. But there will be several winners, and AM is well-positioned to be one of them: well-funded, well-located, experienced and (dare I say?) visionary.

I'm not trying to talk the price up or anything (I don't care much about the flavor of the month), I just wanted to point out that, in my humble opinion, AM has delivered magnificently so far, and has staying power for the long term.