1Million?(Didnt read the article recognize the story and video)
12,500 BTC per month at the current rates.
~$8,125,000
His hardware investment was a million, I think.. ?
Hes a really lucky(smart) man right about now then
Nope, let me explain to noobs
Hes the authorized North America reseller of Bitfury..... He competes directly with his customers.... and guess where all the preorders money went to?
Many ppl was "waiting" for their mining gear.... and eventually Dave just offer to "refund" anyone who cant "wait"
Yup, the asshole use his customers money to fund his mining farm..... after he recoup the cost of the gear, he then shipped them out.
The first batch he did ship them out fairly and it got him TONs of money for "second" batch.....
There you go noobs, learn your lessons yet? I've warned ppl of not giving money to anyone thats building their own farm (Avalon, BFL, ASICminer....etc) but no.... idiots are blinded by greed.