the money for setup costs(chips are payed for) comes from the chip sales and HW sales, same as every other asic manufacturer that sells hardware and setups a large mine..... sell enough your own is cheap/free, that is the aim of the resale game after all is it not?
Oh it was not a personal attack, i was just being realistic based on the way you act and portray yourself in your precious spondoolies competitors forum threads. call it an observational statement if you would like, not an attack.
edit: friedcat is busy preparing for a big meeting in a few days time, he sadly probably has very little time to communicate with the forums at the moment and i am sure much will be announced then..... i wish spoondoolies-tech would spend less time hanging out on the forums gossiping about their competitors and more time meeting their production/power specs. Now run along and sell some more spondoolies magic internet money printing machines ....
Sorry but what HW sales? AM didn't sell any miner with their gen3 chips. I am aware that they intend to do that, but that will take some time which means that self mining will start later which means lower revenues. And for the chip sales didn't friedcat announced that sales weren't so good? Can't be a lot of money with sales being so low. And the sales that went through were very close to their cost so not much revenue there either. I'm guessing that the money they made from the chip sales will go into making working miners for selling, not into the self mining farms. I may be wrong here, but the idea is that AM doesn't have 30M$ available.
I am not supporting SP-Tech here. If I did it in in the past on other threads it doesn't mean that I need to be reminded every time I post my opinions about other manufacturers. Stop living in the past and judge my present actions. I thought we are discussing the recent AM news about their self mining farms. Let's stick to the topic.
Going back to the topic why not answer to my previous questions? I will repost them in case you missed them
How much money do you think are needed to deploy the 60PH while having only the chips in hand? What's your personal view on the costs per GH needed for this deployment?