60 PH/s of chips on hand. So these little dollars-and-cents-per-chip arguments are trivial since the chip costs are already cleared in the books. Electric bill for deployment comes at the end of the month. Mining with GHash (if that's been the case) would've been safest to minimize variance to ensure that bill gets and has been getting paid.
After AM ordered those 60PH chips they were out of liquidity. Since we don't know how much they sold (I'm assuming ~20-30PH) we don't know how much money do they have for self mining deployment, but take note that money are needed for gen4 too in the same time!
Also while electric bill comes at the end of the month there are other bills that you have to pay before you start mining and that is the rest of the hardware needed for miners plus the DC deployment. Also buying large quantities of components for miners usually take a bit of time to arrive and that doesn't help the self mining at all if they were ordered after they sold chips.
Do you know how much DC contracting costs for an operation this size, from wiring and meet-me rooms to ISP fees and WAN maintenance costs? Do you know the costs FC's contracted for any custom-built hardware used for mining? You're
assuming they sold 20-30PH of chips?
Including those they sold to their affiliates and franchisees along with the tubes?
Damn, man, you must have some special privileged access to AM's books or be financially clairvoyant. Why are you wasting your time here? You and NotLambchop should just skip the little league here and set up shop on Wall St. Surely you'd make a better return on trading
real equities instead of the chump change listed within these shadowy forum threads.