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Re: turbojim post# 8214

Tuesday, 12/05/2017 1:47:04 PM

Tuesday, December 05, 2017 1:47:04 PM

Post# of 12302
So, if this company has 70TH/s of capacity, divided among 460 million shares, one would need to buy 150 million shares to have the equivalent of what you lease, (which pays you $45/day). Your 23.5 TH/s is just shy of being two Antminer S9's, which would cost maybe $12,000, instead of the FIFTY MILLION price of 150 million of these shares. I know of a company with one tenth the number of shares, and 5 PETAhash/sec (70x BTSC's 70..) of capacity. And that one doesn't cost 700times this price ($0.34), it costs about $2.25/sh. Why is anyone here? Have I missed a BTSC announcement of a major capacity increase?

(disclosure, I hold 10sh BTSC, and 70 (planning more) of the other.)

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