Figure an S9 pulls about 1350 watts which suggests they may be running 1851 machines. Figure less to account for other network hardware and let's say 1800 machines.
There are calculators all over the web to let you plug in processing power, electricity costs, and bitcoin price to estimate profitability. I think they pulled a couple hundred thousand last quarter, but the price and capacity should be higher. I think I came out to about 500k a quarter when I plugged this stuff in, but I don't recall the exact number. We are probably talking 4 or 5 coins a month.
The real question is can they get to the capacity of MARA, RIOT, BTBT. Those companies have 10 figure market caps. Their plans as of right now are to be at 50MW by end of year. MARA is planning for about 200MW IIRC. It's easy to see the attraction of something trading at 1/80th the market cap and planning to produce at 25% of the level of larger competitors. At parity that would suggest an MKTY market cap of about a billion dollars or 100 dollars a share. The truth is there would have to be dilution to make their business plan work so the question how much stock do they need to issue and at what price.
If they can get the price up before doing an offering, and let's say they only had to dilute by 100%, then you are looking at say 20 million shares which would be $50 all else equal. The caveats there are the fact they may not be able to get to their planned 50MW, dilution could be a lot worse than what I described, and bitcoin prices or the market caps of competitors could drop.
The attraction is still that there is a possibility for this thing to be 10 times higher than it is if everything works perfectly.
