We just witnessed the squeeze for the last 10 months.
When your next competitor is charging $342 for a product that is less efficient, why would you price your product at $250?
I don't think there are going to be enough rounds of these chips to keep weeding out competitors before you can enjoy a little harvesting.
Maybe I misunderstood your comment.
Maybe you were just saying you could lower your pricing down to $250 and still make money.
But, please. Cheap hashing power isn't going to do anyone any good.
Pricing war.
Difficulty into the stratosphere.
Investors make shit returns.
In a nut shell cheap mining gear killed off LTC. Gridseed blades were 3000 usd and ltc was 34 usd . gridseed blades dropped to 150 usd and ltc is 2 dollars.
If AM puts out a .33 watt 1.5th miner for 250 usd Shipped it will only serve to lower the price of BTC.
BTC diff-Price ratio is fucked up as it is. I can not see the btc network working much longer without demand for the coins lifting price up and over the 500 dollar mark.