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Re: JoeWo post# 29490

Monday, 07/08/2019 4:46:30 PM

Monday, July 08, 2019 4:46:30 PM

Post# of 41945
When they have all five facilities up and running, they should create ~5000 bitcoin a year (per the other sticky note).

Assuming that the profit margin is $1000 per coin (just a guess) after costs, that would equate to $5 million in earnings per year. If the market cap is ~$5 million now, then the forward P/E = 1.