BitFrontier Capital Holdings Inc (BFCH)

[WhaleEye]

Will this be profitable? It all depends on the miners that Spencer bought on 08/05/2019, and this August those miners will be one year old since purchase (according to his press release). Are they obsolete now???

In his press release it mentions these types of miners (Bitmain S9J mining rigs), but was it the ones he bought? The Twitter pic box shows "30T A2"on it, so it leaves me guessing.

Miners hash output = wattage burn minus electricity bill = profits or not (do not forget upkeep/labor/Construction cost) Plus bitcoin price is a big factor!

Since the halving, competition is very tight.

If those miners are out of date (just speculating), then Spencer will need to purchase up to date kick-ass miners. His mention “Water-cool system” great, but it does not matter if you have shitty miners.


https://www.otcmarkets.com/stock/BFCH/news/BitFrontier-Capital-Holdings-Inc-Takes-Delivery-of-its-First-Cryptomining-Facility?id=222962