The opportunity to make huge profits is closing (very fast). In fact, if you were to buy an ASIC miner now it wouldn't arrive until May and by then the bubble w

The opportunity to make huge profits is closing (very fast). In fact, if you were to buy an ASIC miner now it wouldn't arrive until May and by then the bubble will have (mostly) popped. The Avalon ASIC miners were pre-ordered which gave them enough cash to R&D and then produce them - but even if they had found cash somewhere else and made lots of miners for themselves it wouldn't be long until other people were selling ASIC miners and they were not so profitable. It's better for Avalon to make a name for themselves as a good place to get ASIC miners so they get all the business in the future. I wouldn't be surprised if this user mining at 1.2 Thash/s is Avalon or one of the other ASIC manufacturers.