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Re: BartDaddy post# 51311

Tuesday, 12/22/2020 5:07:34 PM

Tuesday, December 22, 2020 5:07:34 PM

Post# of 63466
What about Bitfarms? They mined 535 coins in Q3 and now have 3 times the equipment to generate even more mined coins. They claim a cost per coin mined of 7500 which is up since halving. If they generate 1500 coins per qtr on a go forward basis that's $35M in revenue and $23M in gross profit per qtr at the current BTC price. INTV has only confirmed about 200 machines plus/minus so far with another 1 to 2 hundred coming.. that's no farm and INTV needs to keep adding machines biggly...





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