Sadly, this doesn't matter anymore.  When BitFury releases it's IPO price in the next 6months after their upcoming gen release, it will and should absolutely shatter the AM share price (creating a similar effect to what's in play RE: IBM vs. AMD $ share price).  There will be a David vs. Goliath scenario in these chip mfg sectors - just...please don't envision your sight of David's size if you've never had to really compete with Goliath on the open market...the over-estimation of the equity's future value without a key growth plan would make you vomit make you vomit if you could see the writing now on the wall with BitFury press + the recent Microsoft announcement...

This is a prime scenario that explains where a company could completely burn it's goodwill ledger.  One poor end user, home-based product generation has eliminated a whole sector's worth of market-reciprocal investors.  This type of equity-present-value loss could only really be recovered at this granite-shill inflated price right now.  Looks like a few board members see the cancer in their portfolios at a stage 3, when they expected notification at the onset of stage 1.

Literally terrifying to think about.  That being said,AM's cash reserves are fucking enormous.  If you haven't been personally monitoring the associated addresses on a 2-3 day basis, you're missing it completely.  Just remember that compared to BitFury, any dividends paid are not reinvested capital.  And those funds are some dank, sad, stagnant couplings of bullion-esque data.

AND AMHASH is the realistic mining/"transaction processing - fuck you, BitFury" solution that the sector desperately needed...so don't ignore it completely - there's potential in AM still to come, just nowhere near when you think it will arrive.

fnnirvana@gmail.com - I didn't get a reply, still haven't even now, but apparently it does get read.

I'm glad to see FC hasn't completely forgotten about shareholders. Does anyone know if he still reads/accepts PM requests here to change dividend payment addresses? I have two addresses I'd like to consolidate into one.

some companies just sell the hashrate never deployed, ASICMiner is the most trustable team!!

When taking (pre)orders, you can generally bet against vendor claims for rather obvious reasons. Bitfury however is one of the few exceptions so far, delivering their asics pretty much on target (what was it, one day late?) and on spec (also in a different league than the competition, outclassing 28nm competitors with a 55nm design).

More importantly, note that BF is not pre selling anything atm that Im aware off. They got their money from VCs and only released this information long after securing the funding. They have very little incentive to lie or even exaggerate.  If it where a bluff intended to scare competition, it would be too late to have a meaningful impact.

Thats simply untrue in the zero sum game that the mining market is. If anything, you *want* to let your competitors know, possibly even exaggerate what your plans are.

Make everyone believe you will have x exahash online online in y months with 0.1W/GH would go a long way to kill your competition stone dead, both by stopping them from getting (pre)oders and making them and their investors think twice about their own planned capacity. Why do you think bitfury is making public what they are aiming for and the capacity they are planning to put online? Id quiver in my boots if I ran a large scale mining op. Or for that matter, held AM shares. 100MW and 0.2J/GH in a few months. 0.1J/GH next year. Fuck me, if BFL had said that Id shrug it off, but when bitfury says that, especially after securing the funding,  it aint a joke.