Santo Mining Corp (SANP)

[Willymon]

100 s9 Antminers = B 8.51/Month or $ 39,360 at today's bitcoin rate.

13.5 TH/s x 100 Units = 1350 TH/s pooled hash rate (perfect performance)

112700 Watts to power the units (Not including power to cool the facility)

$1450 per unit x 100 = $145000 cost plus shipping and install.

$145,000 / $35k = ~4 months for payback.

With some units having errors and going offline, solving some blocks faster than others, dropped internet connections, etc., the total monthly bitcoin bounty will fluctuate.

Some months they may get 12 bitcoins and months they may get less than seven.

If the value of a bitcoin keeps rising faster than the "difficulty" to solve a block and the bounty of 12.5 BTC per block doesn't decrease, then they are in the money.

100 units for SANP is a drop in the bucket.

Canoe Pool current hash rate is 117.29 PH/s or 117,290 TH/s
https://btc.com/stats/pool/CanoePool


So, (117,290 TH/s) / (13.5 TH/s) = 8688 mining units at Canoe Pool


They probably have over 10,000 units because some are older mining units that have lower hash rates.


SANP did also state that they are planning to mine other currencies like Ether, Dogecoin and Lite Coin, etc. which requires units with different ASIC chips.


Merger needed for exponential stock increase.


Run the equipment in China into the ground and abandon the facility while USA operations get up to speed, or under the cover of darkness, ship over the best units and dump the rest.


You can't just get the financing and buy 8,000 units because the supply isn't there. Bitcoin mining units are sold in batches and quickly sell out. Plus, what's new today is old tomorrow due to the ever increasing block difficulty factor.