They have two currently mining since the beginning of the ICO. They've built 1 or 2 more containers that we know of. Since then, I'm sure they've built more. They were waiting for hardware to put in them. We haven't had an update in awhile, so lots could have changed. We'll know more when we get the update this month.

I think everything is going to be okay. I have no evidence for this but I have been mildly successful and made more money than I could ever have hoped for by following my instinct. So sleep easy and don't worry - they are slow but they'll deliver in the end.

Just for you know, all bounty hunters also didn't receive their bounties either because the team said they are still doing KYC process for investors and there is no exact information when it will be done.
So, complaining in here is useless

I don't know who  is running the marketing or strategy planner but this isn't bringing good sentiment to the project. Sometimes it looks like there are only 2-3 people which is whole team and they can't handle properly all these things. Managerial skill's lack is visible which is putting things on hold and getting more and more time using various excuses is the goal. This is my analysis it may be wrong but satisfied no one is by them at the moment.

In Telegram they were saying that they will post an announcement regarding KYC somewhere mid-April but there are still no news. Also I remember that about a month ago they said that KYC deadline is coming to an end.

I think team is small, about 2 people for communication, others are working. And team members skills not the same. Marketing person have few levels stronger skills than others. We expect same skills for whole team members but it is not true. This is just startup.

surprised how they raised 100M USD, is this project going anywhere?

IMO, patience is key. They can’t just create MMU like magic. They need some time, be patience.

If mining is not profitable, business will close and investors get nothing. I wonder how many them even considered it.

Mining is still profitable. You can mine more when price is low. And sell it when price is higher. It is not profitable if you produce it when the price was high and sell it at a low price. This is just a problem of trading.