Genesis Mining whose assets were purchased by this entity has been mining SHA256 Bitcoin for years. The Swedish facility is an expansion project but no hash at work until 4th qtr 2018. In addition the funding you cited is actually a huge drain against the stock and the coins already mined technically belong to these creditors before any shareholders.
Contrast these difficulties getting ROI to shareholders with OTC MGTI Mining Farm & other technologies $MGTI which has recently moved up from 1 to over $4/sh and the increases in earnings due to show up in financials nxt qtr end and each one going forward as aggressive expansion schedule already standing up for this Farm built by John Mcaffee
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