As gen2 failed why are you so sure that gen3 will succeed ? Indeed this is a bet.
"According to friedcat Gen2 is not worthwhile for 2 reasons:
1) Gen2 would come out relatively late due to some factors outside of AM's control
2) Gen3 shows promising results and the roll-out seems to be better/more reliably organized" - jutarul
yeah, that's the information that I have... I'm hoping that Gen2 will be here as quickly as possible...
- Gen2 will never come out this is what most ppl do not get.
- Forecast for tape-out for Gen3 is February 2014 so deploy is March/April 2014 at best.
- Until then, divs will come from Gen1 Hardware sale (Cubes) and 50TH of mining already deployed. Subtract cost of production , power, salary and equipment maintenance.
- Above assumption are made on presumption that R&D for Gen3 is already payed for, if not, subtract that too.
Friedcat stated that AM is heading for conventional industry profit, meaning single unit dividends/year.
At this point in time annual Yield is 16.22% and target is under 10%.
You are right about one thing and that is that gen2 was skipped. Tapeout for gen3 is jan20 not feb as you stated. AM is hashing at closer to 125th not 50th. Also AM has already collected funds for gen3 and 2 year salaries/datacenter from reduced past divs.
At this point in time apr is 30% as it always has been. That makes literally no sense when you say FC is targeting 10% apr. He doesn't control share price or apr. Just because one week of really unlucky mining lead to a low div doesn't mean divs are low. This weeks div looks to be around double last weeks.
