Another big announcement, how does this translate out of the hype though?
At its initial phase, APAC Mining will be deploying computing facilities capable of Hashpower of up to 4,500 Trillion Hashes per second (4,500 TH/s) in Malaysia, that will allow it to mine up to an estimated 150 units of Bitcoin Cash tokens per month
I don't like how the announcement switches from Bitcoin when talking about mining to Bitcoin Cash when hyping a profit. 150 bitcoin cash tokens ($2433 USD per unit) is about $364,000 per month or ~4.4 million a year, this would be revenue. Subtract the cost of the rent, electricity and staff and I'm sure that would be lower. Of course that isn't taking into the fact that we're all betting on the currencies to continue to rise and if they spread across the major coins we should see that.
A good first step, if they can successfully do this and then expand into Mongolia as announced, it could become very profitable.
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