Let's bring the 60PH/s of chips issue again to discussion. At 0.5$/GH you need 120M$ just for the miners,
That's not how math works.
If they wanted to build a 30PH farm at $0.35/gh they would only need $10,500,000.
Whoops! Math mistake. It's 30M, not 120M.
As for the 10M$ that is only for miners. What about deployment costs? Does AM has 10M$ to deploy that hashpower? Don't think so. Even if they did and they took this route that means there will be no more money to start gen4 chips and they will need to wait to mine something and that takes time which means a slower gen4 release. No scenario seems to be a good one for AM in their current position. Got a better one? Please share.