And all of us are lucky that Avalon / Canaan is shipping slowly if they were fast it would kill off all of the units above.
That’s a good point! You have to wonder why they are half-assing the sales. Is production just not ready yet? Is this a temporary, loss-leader product? Maybe a limited supply of chips? I guess we’ll find out. Margins have got to be razor thin with 10 chips in there.
I can assure you that none of the projects you listed are getting “killed off”. More like “super motivated” now.
I'm thinking it's more of a side project for them. They put together something neat and put it out there. If it sold great, if it didn't sell also great not a lot of time & money invested.
Remember they are a public company so they have to have some sort of justifiable reason for most expenditures.
They can also use it to gauge the potential sales for other projects. If there was not a demand they could say no more small miners. Now they know they can sell these, will they now start looking at some things that are a bit more powerful but still quiet and low power.
-Dave