Does anyone know how much was spent on purchasing the 500 S9s?
AFAIK the decision was to spend about 10% of the investment capital ($8 mil) on the S9 miners, so I'm guessing they got them for around $800k, which seems about right taking into account that bitmain is probably desperate to sell out their remaining stock.
I'm hoping that better next gen miners are available soon, because those calculations don't fill me with hope.