AI Artificial Intelligence Ventures Inc (ESIFF)

[Thundercleese]

Ok yeah we are looking at the same info. Thanks for the response. Heres how I read the article: Yes the antminers are ASIC miners and what BKPPF has as a subsidiary is a "Large Scale Mining Farm" so even with a low price of electricity these analysts are estimating Bitcoin needs to trade above $8600 for break even. (Bitcoin has been trading around $9000) so it would be nice if the Bitcoin price went definitively farther north to give us some cushion.

The "ASIC Vendors" are the people like TSMC who manufacture the special chips to sell to the miners. Thier breakeven price to be in the business of selling the chips to miners is Bitcoin at $5000. Presumably because many miners will persevere even when the price is down in the hopes it will go up. $BKPPF is not making the chips, they bought from the "vendors" to be miners.