Again we will see... They need to raise capital or the whole thing folds.  Giga has no skin in the game from what it looks like from the outside.  They are raising the capital from the miners and locking in unsustainable costs(my analysis of what I see).  This isn't some paradigm shift.  In the real world it costs money for facilities, electricity, ongoing maintenance, staff, and I don't believe the numbers add up.  I know what it costs to the penny to run my miners at home.  I know what it costs to the penny to host my miners at a hosting facility.  I know the basic costs and even taking into account areas with low cost of electricity I don't think Giga numbers add up.  I know my costs are not fixed for any kind of time frame into the future, but Giga is somehow able to predict the future.

So take that for what it is worth.  If you ran the numbers and it seemed to make sense to you then great.  I wish you the best of luck.  But I do not think my concerns are unfounded.  I think people need to know that there is reason to give Giga the critical eye to their sales pitch.  

So instead of Giga I went with a hosting location with low energy costs, but my actual costs are still no where near the hosting locations base load cost for electricity.  Why?  Because the facility, staff, and the need to grow require them to charge me more than their costs in order to continue to function.  Plus the hosting location has a reputation here on the forums and takes care of their customers.  Instead of front loading like Giga with too many unknowns going forward I prefer the hosting facility that is telling me the scoop based on market conditions and the needs of the facility.  If costs get too high I did NOT get hit with a front loaded cost so I can move my miners if I need to.  If Giga chooses to not honor their "locked in" price you already paid your money to get in there.  So it is no sweat off their backs if you decide you need to leave.  They got your money, your miner, paid way in advance so they have practically no risk.  All the risk is on you.

What a brilliant business model... Again I wish you guys the best of luck who are buying into the Giga ponzi scheme.