MGT Capital Investments Inc. (MGTI)

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In todays PR they said they have mined 1000 bitcoins. Heres the math,

Current price of bitcoin $4452 * 1000 = 4,452,000

So with their current process of mining they are already at 4 million dollars.

Today they said that they added 650 bitmain s9 mining rigs.

Today, MGT announced the deployment of 650 new Bitmain S9 Bitcoin mining rigs.

The s9 miners produce about 14 TH/s. So lets look at what they added in todays PR.

14TH/s * 650 = 9100 TH/s

https://gyazo.com/989e04b4344d357a57effaca592e854d

https://www.cryptocompare.com/mining/calculator/btc?HashingPower=9100&HashingUnit=TH%2Fs&PowerConsumption=1293&CostPerkWh=0.12

With that being said, just today they added enough machines to make $11k per day! Totaling about $4.02M annually!

Bitcoin is only going up from here and so is MGTI IMO. It feels good to see them making such large improvements here. Im glad to be here to ride the glory of this beast! GLTA!

#LincolnByTurkeyDay