Bull, Yes this is an interesting subject.
From what I can tell the Russian has some powerful hardware for mining hash (plural for hashes in my dictionary.)
They have a deal going with Cloudhashing who sort though all that hash find some BTC and fund that effort with retail investors money though fixed term contracts for 1 or 2 years. Due to increasing difficulty it is in their interest to have fixed term contracts. Returns will diminish as the difficulty of mining will increase quickly.
SMA have a BTC mining contract and I think a pretty sweet one. I have wondered who SMA have the contract with given the Russian is on both sides of the transaction. Cloudhashing perhaps or something more complex I mean Zhenya has the hardware.
I think somewhere in the background Zhenya has helped along a link in the supply chain. SMA have said they are now providing BTC mining support products I think we know where they are sourcing that now.
SMA might just be a niche provider with a window in to China that might be a sweet place to be for a little company.
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