Does he not have enough money to keep it somewhat running? He mentioned he had this in 2013. I personally do not know much about mining as my team and I are marketers and developers, but if he was around in 2013, that means he must have reaped the benefits of the last bubble about a year ago. Is he just giving up or just out of money?
I'm not familiar with him, but I watched the video and it seems like most of the hardware was run on behalf of clients. Apparently everything was fine a couple weeks ago, but then his clients started shutting down all at once, destroying his cash flow. He's out of money. He poured a lot of money into building out that facility the past year and he can't afford to pay the rent on the warehouse anymore.
I remember seeing stuff like this in 2014. I figured after this recent crash that we might see some miners start liquidating their operations.
