Sorry for being a bit suspicious, but are there any actual pictures of the farm? Considering the snail speed of adding dozens of terrahashes weekly in previous months yesterdays addition of +600 THs sounds too good to be true...
In the past they needed to wait for new chips to arrive. The manufacturers were delaying the deployment. This time around the chips were in stock, not pre-ordered as before.
You may also monitor the address directly:
https://blockchain.info/address/1PETAmNrgdzx3FwzJPNuhx18JVKdGtwWt6@Skuser, I rest my case. if you would read the prospectus you would see the pictures of the farm. You would have seen the same if you opened their website:
http://www.peta-mine.co/inside-the-petamine/That and havelock's post above should put your suspicions to rest. On a general note, please read the prospectus (and havelock updates) so everything said on this forum can be put in perspective of all the information available. Knowledge soothes the nerves more than reading a thread filled with panic and half-information.
What you'll find based on the update history is that the CryptX team has always acted very professionally. They do not engage in debates often, and they shouldn't. Their job is to build an amazing company with a long term vision, not to argue with short-term investors.
Don't get me wrong, I have the same legitimate questions as everything else (like if the hardware was btc of fiat purchased) but I'm sure that they will figure things out as beneficially as possible. Even if the hardware was btc purchased they are probably working something out with the supplier, and if it was fiat paid they will probably wait to see if the btc price stays high until dividend day before posting happy messages.
They have continually favored radio silence until good news, rather than spend time on the forum posting status updates. They spend that time working on fixing any problems and acting to our benefit.