From latest SEC filing. Predicting $60M revenue for 2016 and generally SP50s in Q1 2016 as long as they can raise more money. I'd be very surprised if this filing wasn't specifically so they can provide the information to more potential investors.
Thanks for sharing was a interesting read. I'm surprised in Q1 only 500 SP50 is assumed. Does not sound like a ton of miners but I guess they are massive in hashrate.
Will be interesting to see how correct they are on the number SP50's during Q1. I really want to see their having expectations. That is the other numbers I want to see what the big companies assume.
It could be interpreted in a few ways but my interpretation is:
- Building 500 SP50s Q1 @ 10k cost each = need $5m funding
- Selling 500 SP50s Q1 = $14.6m = $29.2k each after any sales taxes
- Later on in the year.... deploying 500 SP50s = another $14.6m+ revenue
- Final $14.4m revenue from selling another 500 units.
- $18M costs for the year, $15m from unit and amortised chip costs, $3m fixed costs.
So from these numbers it appears that even if they could raise $5M, they're only predicting to make 1,500 SP50s over the year (165PH).
is the 29k$ price just a speculation of your's or it has been publicly released ?