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@Pragma
I'd suggest double-checking the actual thickness of that chain. If it's one of ours (I can't tell from the photo), the grey-coloured sleeve would normally indicate just an 11mm thick chain, and we would normally only recommend that up to about £1500 bike value, depending.
We also normally prefer putting the chain through the main triangle and the rear triangle and rear wheel. With the arrangement you've got now, it looks like a thief could make a single cut of the down tube of the frame, drop the front wheel out, and steal the rest of the bike. That wrecks the frame, of course, but he gets all the components and rear wheel with only a single easy cut. He can deal with the other D-lock at his leisure. A heavier chain that will fit the Fahgettaboudit might be cheaper than a second Fahgettaboudit and allow you to tether the rear half of the bike, still using the Mini on the front wheel.
All this assumes the post that the chain goes around has something solid at the top so it can't all be lifted up and over...