Surely you are no shareholder. If avalon wants to churn out machines for low money that later sell for a multiple on ebay its their thing. Asicminer wont do this.
I am not a shareholder of AM. Risk is too great, and I would rather put money behind companies that have greater transparency with their operations and audited financials. Not a knock against what AM is doing as it is producing for the time being. That is only a matter of investing style and personal risk tolerance. Regardless of ownership, AM should be most concerned with producing results for the shareholders.
Fact - Competition exists and other products are coming to market. The unknown is the amount of time it will take. AM shareholders don't have to use the Avalon formula for pricing, however it can be a jump point to determine pricing. The auction is an attempt to determine pricing and maximize value. The challenge with the pricing is that demand is greater than supply for ASIC mining at this very moment. Over the next few weeks with other ASICs deployed and competition will be closer to deploying other units. More units in the market will increase the total hashing power and correspondingly reduce the percentage of hashing market share of AM. If AM has 200Th on deck, a strategy needs to be put in place to get the hardware mining online as soon as possible or sold off. The purpose is that inventory or idle workers are a liability and not generating income for AM. If there is a concern with 51% in a single pool, then allocate the additional workers to a different pool. As a result, greater efficiency will be achieved by AM and their share of total hash rate will increase.
All I am doing is offering advice for those that clearly need it. Price and sell the units however, it doesn't matter to me as previously stated I am not an AM shareholder.
(and that makes low bids even pointless...)
