Something I just noticed today is the copyright at the bottom of the screen on my L3's. The miner software is copyright 2013-2014. So it would seem that Bitmain has been sitting on the scrypt mining software for a while. Just thought I would pass that along as food for thought.

They probably mined in house with the L1 all these years. Figures.
I think you are correct. This they would have put to use a long time ago. It raises more questions about crypto currencies as a whole considering nobody has been able to compete at these low prices.