So it looks like those sales are held back to be stretched over next dividends. Although I have to say that this would be contradicting friedcat's previous statement that income will not be held back (other than to cover future cost) as he leaves it up to the shareholders to decide what to do with their BTC.
Apart from that your calculations are wrong everywhere (no I don't care to give details as just everything is wrong) - I cannot believe you actually ask the question if AM really kept enough BTC to cover future costs. Did you see the financial report? Rhetorical question.
I was used to a much higher quality of your posts. Do you try to buy in cheap with such a pathetic approach? FUD galore...
I think they're stuck with the tech they've got until April. I recall reading something ages ago that their own cost to manufacture was something like $10K/TH. If we assume an average price of $500/btc over the next few months and plug the numbers in that's a manufacturing cost of 0.02btc/GH. Perhaps that manufacturing cost is wrong or perhaps they put in a big order and got a volume discount, but I don't think there's a lot of margin left in the current tech if the Cube is priced at ~0.06btc/GH.
Hopefully they've already withheld enough profits that their NRE costs for Gen 3 are covered as I don't see huge profits ahead in the next few months.
I was used to a much higher quality of your posts. Do you try to buy in cheap with such a pathetic approach? FUD galore...
I'm wondering what AM can do to "fill the void" before Gen3 in March or more likely April?
They've done 1D (USB stick) ,2D (blades), and 3D (cubes) to keep the income coming in with old technology. What's next? More cubes or .... something in 4D perhaps? 4th dimension is time right, so the solution is obviously a time machine to travel 4 months forward to April and get the Gen3 chips populating their lovely new wet datacenter
If anyone has any sensible suggestions for how AM will fill the 4-month void, love to hear them.
Would put it forward as a question to AM but questions to AM end up in the void as well unfortunately ......
They've done 1D (USB stick) ,2D (blades), and 3D (cubes) to keep the income coming in with old technology. What's next? More cubes or .... something in 4D perhaps? 4th dimension is time right, so the solution is obviously a time machine to travel 4 months forward to April and get the Gen3 chips populating their lovely new wet datacenter
If anyone has any sensible suggestions for how AM will fill the 4-month void, love to hear them.
Would put it forward as a question to AM but questions to AM end up in the void as well unfortunately ......
I think they're stuck with the tech they've got until April. I recall reading something ages ago that their own cost to manufacture was something like $10K/TH. If we assume an average price of $500/btc over the next few months and plug the numbers in that's a manufacturing cost of 0.02btc/GH. Perhaps that manufacturing cost is wrong or perhaps they put in a big order and got a volume discount, but I don't think there's a lot of margin left in the current tech if the Cube is priced at ~0.06btc/GH.
Hopefully they've already withheld enough profits that their NRE costs for Gen 3 are covered as I don't see huge profits ahead in the next few months.
I'm not here for public adulation, so tell me, do you disagree with my conclusion, i.e., tiny profits December-April? If you do, I'd love to hear your argument.
