A simple value the company, PLEASE READ.
Is 7.5 billion A/S and O/S a valuation problem? No, not IMO!
Assumptions:
A 10Ph complex (you can take 70, 80, 90 110 or 120% or ??)
$300 BTC value
SP31 machines
.08 Kw/hr cost of electricity
204 machines per 1Ph
.5(one half a coin mined hr. per 1Ph)
24 hr day
12 BTC mined/day per 1Ph
120 BTC for 10Ph complex
$300 BTC X 120 = #36,000 per day revenue
Expenses:
1Ph = 612Kw/hr X .08 = $49/hr X 24 hr. = $1175 per day
10Ph= $1175 X 10 = $12,000 per day for electricity
Est. other direct exp. salaries, rent, pizza etc. $4,000 per day
$36,000 Revenues
-$12,000 power
- $4,000 Rent salaries, pizza etc.
$20,000 Profits day X 365 days = $7,300,000 year
Assume a 30 Price/Earnings ratio (S&P is 20PE now) Remember this is a hot sector, big money flowing into it, a 30PE may be low.
$7,300,000 X 30 P.E. = $219,000,000 valuation
7,500,000,000 shares = .03 per share at $219,000,000 valuation
Think about this, for every $100 in BTC increase in value, that all comes to the bottom line, at the same P.E. = 1.8 cents a share increase in value. If BTC gets to $600 that is over .08 a share.
Feel free to correct me here but please don't nit-pick me over something small, just trying to show what could maybe unfold over the near future. IMO. Also thanks you one tic flippers, I was able to get another 20 milly today at .0001, up to 55 milly now and NONE sitting on any ask. I see a potential life changer here, IMO. Be smart, not emotional, let this run. Good luck to all.
Thanks for all the great DD on this board.
I will say this again, sorry I can't write it in crayon for the one tic flippers, but... "FOLLOW THE MONEY"! VC's and Wall Street, big bucks going into BTC! FTM!!!
Sorry tic flippers, had to give you some grief, please spread out your sells.
$$$MELY
