Quote from: davos on August 14, 2013, 01:52:36 PM

Quote from: creativex on August 14, 2013, 01:33:38 PM

Quote from: bobboooiie on August 14, 2013, 12:28:20 PM

Nice, good job as always dude. That is surprisingly cheap! Good for us

Thank you bobboooiie. I believe these relatively small acquisitions at favorable prices should allow us to tread water, figuratively speaking, with little risk whilst the ASIC hardware picture continues to clear. Sooner or later one vendor or another will finally offer solid evidence that they're able to meet a timetable/specifications and a larger investment will then make sense. The risks right now are entirely too high IMO to place large pre-orders with vendors that may or may not be able to deliver.

Cheers.

As long as we can somewhat keep pace with difficulty we'll stay in a strong position as the market continues to develop.

Can you go into a bit more detail on the 'secondary location' where you're housing the new Avalons?

Hi davos. Sure, it's a vacant residential rental property I own. Nothing fancy, but it's secure. I've also moved Avalons 1 & 3 there as I do not want to risk a shutdown due to overwhelming the electrical supply of either location. I've about 12kws of capacity at one location and 10kws of capacity at the other location(while still maintaining a safety margin).

I'm still looking at a few different commercial properties to lease, but the requirements are limiting my choices somewhat.

Cheers.

Edit: I snapped a ~~pick~~ pic of the four of them when I finished configuring av6 and will see about posting it up.