Afaik FC is not selling the first model of blades, he was never selling used equipement right? So where are they right now instead of mining?
If I recall, there was an estimate a few days ago that mining+franchising = max hash rate we have ever seen. So, I expect that he is franchising out old equipment, and is not adding anything Gen1 to the farm right now, cause Gen2 is on the horizon.
Gen2 is not expecting to mine significantly before December! That's not "on the horizon"!