HIVE Blockchain Technologies Ltd (HIVE)

[nlightn]

FWIW,...It is impossible to estimate profitability or even cashflow of the HIVE data centres as no public figures have been released. But we can make some educated guesses.

The Radeon R9 295X2 mining rig is considered one of the best Ethereum mining rigs on the market.

Here are the specs:

Cost (Retail not wholesale): $600

Hash power: 46 MH/s

Power consumption: 500 watts

Assume 5 cents US for kilowatt hour of electricity

At 1500 Terahash, it throws off $54 net profit per month.
Before the profit bump, it would have generated only $40.

It is safe to assume that the profitability of Ethereum mining rigs has more than doubled in the last 5 days.

How should this impact the share price of HIVE?

Well considering the mining rigs they bought six months (or even a year) ago are now more profitable, when all planning forecasts predicted they would be less profitable, then perhaps the skyrocketing price of HIVE is more…understandable.

http://safehaven.com/article/44778/one-reason-hive-shares-are-skyrocketing