Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It

I suspect that most of the manufacturers need to turn to self-mining, simply because that's still better than sitting on the product.

The question is - for how much longer?

I suspect self-mining will only really remain an option for those with market-beating power efficiency and/or a deal with high deployment/low tariff farms such as datatank.

I'd put money on DataTank and AM have done some kind of deal. We're now reaching the realms where efficiency is key. DataTank have the efficiency technology and AM the chip experience. Also with the uncertainties of China's stance on bitcoin in general, it's good to know that a shipping container can be relocated in a couple of days.

If friedcat is truly the business person we all expect him to be, he would have seen the mining squeeze coming and formed alliances as appropriate.

The biggest threat to AM at present is the sheer lack of shareholder confidence. In my opinion this is an easy problem to solve, it only needs a few words from friedcat little and often. I don't think shareholders are unreasonable expecting this. Friedcat doesn't need even need to divulge anything commercial sensitive. He just needs to be seen to be proactive and that his plan of action is pushing ahead.

I really hope FC pass by this and give us a free "everything is ok" hug.

I think a dividend would say more. That said I don't expect one for a number of months (feel free to surprise us FC), there is just too much competition. If we wipe some of that competition out maybe there will become room to make some dividend spends. At present everything should be reinvested for mass gen4 production.