Read btcs news from sept 28. They had to lease their own (SPT) equipment. I am not sure about the rationale for it.
eventually, they will probably have to either borrow money or do a preorder to start producing these units in bulk.
Called it 7 months ago when they demanded they get a "does not use preorders" rating.
- We don't rely on pre-order for our next gen. I can't even begin to count the number of times I've said it. It's not our main business model. I even took the time to explain to you our business model for our next gen. Yet, you keep claiming that "you continue to do as your main business model". This is simply a lie and you know it.
Can you afford generation 3 without selling preorders, raising millions of $ or using 'investment' orders? Its a simple yes or no.
If you're asking if we can afford our entire gen3 planned capacity without injecting more funds
via additional investment or pre-selling mining capacity to accredited investors, the answer is no.
The same goes for every other company in the space.
For the last time, since you seems to have difficulties in understanding: we'll not sell our gen3 products to consumers without proving the technology first. Afterwards, we might, but then it won't be pre-ordering.
It might be selling by batches.So tldr your current business model / situation can not support generation 3 without preordering (/ preordering under another name) or some miracle investment. Under no circumstances could those statements EVER qualify you for running a business model that can get by selling purely out of hand.