InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,321.41
(
0.25%
)
US TECH 100
18,244.80
(
0.27%
)
Dow Jones
39,872.99
(
0.17%
)
Brent Oil
82.13
(
-0.39%
)
Bitcoin
69,822.68
(
-0.44%
)
Post# of 2585
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Juice555

Send PM Follow Ignore
Followers 15
Posts 998
Boards Moderated 0
Alias Born 05/27/2015

Juice555

Re: pw18 post# 1938

Thursday, 08/09/2018 3:56:35 PM

Thursday, August 09, 2018 3:56:35 PM

Post# of 2585
Sorry, I think I am lost...

They are not mining bitcoin so the price of bitcoin shouldn't affect the revenues/income.

They are hosting the miners for people. It is much more steady business plan and you have consistent income regardless of price of bitcoin or any other currency.

Maybe they also have a small farm that is mining ( hope the company clarifies that soon as well)but as far as I understood it they are hosting the miners not mining

They charge their customers flat rate per miner/gpu rig or by the KW usage in $$$ so the price of BTC is meaningless unless of course they also have mining farm...

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up