I think FC strategy is not to engage over 28mm fight but stay on the lower tech like 40mm since it costs way less, and dump tons of it in the immersion tank, then keep up with higher density tech after launch. Low div this week could only mean the money from cube has yet arrived. Not sure who's taking loss over btc quadruple in the past few days, since many ppl bought cube with fiat.
I agree with you.
After selling all my AM a few months ago between 3.6-4.0, I bought back in this week with a small holding. If the weekly divs were the only reason to hold AM now I would expect the company is on its way down to zero. However, friedcat has demonstrated some important new technology that shows us what the near future holds in mining (it also shows what the withheld earnings have been spent on). None of his rivals have anything like it (or they've kept very quiet about it if they have). We can only assume that the 40nm chips and the boards that will house them were designed hand-in-hand to perform well in immersion-cooling.
friedcat has stated that he can put over 5000 existing BE blades in a shipping container, that's 50-65TH on archaic tech. How much hash rate can he put in using purpose-built 40nm chips with much higher performance? His marginal cost to manufacture hardware will be low and now he's got somewhere to put it all.
I don't expect we'll ever see the dividends getting back to where they were, but the current prices are now looking cheap to me.
Take what I say with a grain of salt; if this sounds like pump-and-dump perhaps it is.
