Innosilicon and bitmain have sold an amazing amount of gear and low power guys have been buying and buying and buying.
All this leads me to think
We are not going to get a bull run until the asic miners stop selling gear.
More on that:
They must have done 1 billion in gear sales in 2018 and much is at lower btc prices.
So when both Innosilicon and bitmain stop selling they have a vested interest in a pump of coins. Since they have a ton of them.
As always, your thoughts are much appreciated. So you are thinking that eventually Innosilicon and Bitmain will stop selling ASIC miners and make their profits via the resulting increased prices of coins? What would their employees do? Also, that would seem to leave the market open for another player to jump in and fill the void by producing their own ASIC miners, right?