Post
Topic
Board Mining speculation
Re: Avalon pursuing 7nm technology
by
philipma1957
on 18/05/2018, 00:11:35 UTC
There is no way Avalon has any plans to stop selling BTC miners in the near future, they have likely made 10's of millions (or much more..) selling hardware, no company is walking away from a cash cow where customers are LINED up 10 or 20 people deep at times.  What the release is saying IMO is that future revenue growth or new revenue streams will include alt coin miners and AI and other high density computing ASICS.  I don't read anywhere that they are moving away from mining at all.

A successful business is always expanding and exploring other revenue streams. This is exactly what bitmain is doing with their Sophon AI business. Avalon is just following the industry leader.

I think that they will shift as bitmain is doing.