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%.
