You would think someone would do that but the market is going down so it is risky

585$ on Bistamp and it went down as low as 569$

I don't think its possible with how AM works.  AM sells a physical product, and needs to get paid for it.  They then take those funds and use them to pay out dividends.  An all digital business could be made into a DAC, but one where you need to manage inventory, three different currencies, and all that sort of thing?  You need a person to manage it, and then you need to trust that person.

And even if you did work out all those problems, in an industry like mining, if you did have everything managed by a DAC somehow, and shareholders voted... the business would expose itself to having any and all competitors knowing exactly what it is doing and planing to do, you need to keep some plans under wraps in the industry.

Everything was answered in friedcat's latest post: https://bitcointalk.org/index.php?topic=99497.msg7147330#msg7147330

I used to worry about the rising USD/BTC exchange rate, but it appears that AM has the production capacity to pump out chips.

If the exchange rate goes up and AM doesn't change the price per chip, then sales volume should increase to offset volatility. ....because as USD/BTC goes up, each chip earns more USD (also need to account for difficulty increase).

That means the market demand for Gen3, it depends on the BTC price. With a higher BTC price, we can expect a higher inventory turnover. For $700/BTC, it's 1-1.5.

(...)

Depending on the Bitcoin price. Under this price we expect it to be 1-1.5.

(...)

Again, don't overestimate gen 3.1 there is no new chip design (mask set) but rather an increased die size or similar, in order to get rid of the heat better and to stabilise the chip. This shouldn't take any time at all. I also believe that the chips at XBTec are gen 3.1 since they use the new dimensions (8x8mm)

but why would we? there is just no competitive incentive to release all this data. its not because we know nothing that nothing is happening. At the very best, that would explain such low communication from FC. too busy getting that sh*t straight.

I thought you weren't sure which chips were being sold here: http://www.cybtc.com/forum.php?mod=viewthread&tid=7951&highlight=%E7%83%A4%E7%8C%AB.
Still not following. We're pricing the chips per GH/s. If 1 GH/s costs $0.35, a 10 GH/s chip costs $3.5 and the initial 12.8GH/s chip would be $4.48. But not $0.448/GH/s!?
The chips could do 50GH/s, they'd still be $0.35/GH/s.

10 GH/s may be due to the increase in consumption or heat they encountered, so the recommended speed has been cut to about 10 GH/s. The only thing that does happen is that the production price would increase by the factor 1.28x per GH/s, since one chip yields less GH/s.

I'm not following... We're talking about $0.35 per GH/s, that is per GH/s. That Chinese offer seems to be our very own gen 3 chips, since it says "grilled cat 3 generations chips". Delivery seems to be June 10-20.

Still don't understand the financial report, in the cash flow sheet, the chip sales income is around $4.5m, divided by $0.35/G, means the sales in May was 12.85PH, it's quite below 33.5PH. AM I wrong about this?

It's noteworthy though that April's payments haven't fully come in by now. I believe it is important to secure payments as fast as possible in such a risky business.

Thing is: The projected price originates in January, and we've seen significant delays, a significant increase in consumption, and strong competition. Also, even though we're in a bull market again, the BTC price is still slightly lower than in January, so the incentive to mine hasn't increased. Furthermore there's no indication whatsoever, that the anticipated target prices have been met. There are indicators, though, we're at a price of approximately $0.4/GH/s.
No proof, sure. But all indicators do point in that direction. I used to be pretty AM bullish, remember?

Assuming projected batch sizes (May: 8.5 PH/s, June 33.5 PH/s) and assuming that the reported chip sales ($3,691,731) are the May batch and the Hardware in stock ($1,420,233+ $6,104,800=$7,525,033) is the June batch, we can conclude that AM achieved a price of: $0.43 for May and $0.22 for June. I know, at least the June numbers suggest that something doesn't add up and we may still expect payments for them. But it doesn't seem that AM is achieving the prices it has hoped for. And they won't increase. Even accepting a delayed payment won't do the trick. And that's the reason why the financial report seems worrysome.