dude, you really could cause an argument in an empty room. chill down.
You do realize I was defending your favorite company which you speak about at every chance right?
Am I wrong to think that spondoolies next gen will be in an entirely seperate class of asics compared to what is currently on the market?
Without any testing or a single shred of evidence do you really think current gen asics can be simply undervolted to reach below 0.38w/gh while still being cost effective?
Without going into the debate with competitors too much - from what is observable from the progression in bitcoin mining IT is that gen3 equivalent hardware from AM and "next-gen" hardware will likely co-exist long-term (> 2 years). This is because there are 10-fold variations in energy prices dependent on location and still large bitcoin price fluctuations, which gives mining a timing value. As such one may expect the less efficient hardware to migrate into areas of low electricity costs and opportunistic mining, while high-efficiency hardware goes into high-cost areas (e.g. through supply and maintenance chain issues) and sustained mining. This will make the overall hashing power of the network much more elastic.
The bottom line is that while gen1 or gen2 ASICs may come to an abrupt death, the gen3 ASICs will likely fade out smoothly.