most likely after batch 3 they will built their own mining farm , not selling batch 4.
From what it sounds like on Avalon's front page, on their FAQ, they're using this capital to fund the next generation of ASICs. Next year perhaps? I think we've now entered the arms race of ASICs.
Yes and it's China vs China(Avalon vs ASICMiner) with both US companies being scams. Makes me embarrassed to admit I'm American.
Dude,
they were scammed also. Guess buy who? One of the company admitted it already the other one is still trying to get out clean of it. I mean they really try it but sometimes it is just not enough. No irony here.
But their customers get scammed from the companies to whom they paid for and they do not care abut their subcontractors known also as "engineering team" or bumping heat radiators or whatever.
All of us are about to pay the price i am not talking about ASICS but in general. Doing a business with 0 ability to engineer even to produce anything worked for last years (money moving) all around the world but these times are about to end. There are a lot of money moved in one direction only if you follow me. None from US and Eu wanted to do dirty job to invent any thing and to produce it with small exceptions of course. And the price for big business profits accumulated over the years has to be paid. And who pays the bill? We of course ...That sucks man
besides it is a piece of cake to take millions from here move hundreds (thousands in worst case) to there with fancy management only and collect - this shit is not working anymore
