From the last update from FC, it is clear there will not be any dividends, not in the short or medium term. Long term there is simply no way to know if AM will make any money at all.
Until dividends happen, and that's a very long time, price will simply continue to fall.
AM has over 4PH of hashing power right now, due to AMHash "fiasco". Tapeout of Gen4 is done that means majority of expenses are done. Learning from past they will no longer order 20% network hashing power in chips. So to stay in bussiness they don't need that many $, propably current hardware sales will cover expenses needed for Gen4. Meanwhile 4PH is hashing and friedcat wrote that it's not the end of mining expanding...Until dividends happen, and that's a very long time, price will simply continue to fall.
Divs in this year, remember my words
AM likely has far more than 4 PH/s hashing right now. They've been building their farm since mid July. That 5 Ph/s is just a small slice set aside for the specific purpose of selling mining contracts.
Update
1. Due to the relatively lower interest from individual miners as well as OEM producers, the self mining has re-started from middle of July. We had gain access of cheap electricity and high power capacity. We hope to regain the average hashrate percentage similar to 2013 with this generation of chips.
1. Due to the relatively lower interest from individual miners as well as OEM producers, the self mining has re-started from middle of July. We had gain access of cheap electricity and high power capacity. We hope to regain the average hashrate percentage similar to 2013 with this generation of chips.
Had to double-check if I this is the right thread. Anyways: What's up on Havelock? Insane amount of bids and some distinct upward-pressure going on. Anything that I've missed?
Not much else goes on here anyway, speculation and some friendly banter. Roll on December 
