The money that is raised at the IPO will go to the purchase of 1000 TH/s of mining equipment, which costs about 3,760 BTC. Financial breakdown to deploy 1PH/s:
Cost: 3,760 BTC
Income:
* 33,794 shares at IPO: 3,313 BTC
* Current reinvestment funds: 150 BTC
* Mining revenue (16-31 May): 300 BTC
cryptx, please could you clarify (NB - this is not an accusation):
Where are the funds from the cancelled bitmain contract? Do they have any relationship to the shares you have aquired? If no, why are they not included in this calculation?