InvestorsHub Logo
Followers 28
Posts 1059
Boards Moderated 0
Alias Born 09/05/2013

Re: None

Monday, 02/15/2021 10:15:31 PM

Monday, February 15, 2021 10:15:31 PM

Post# of 1735
Posted on StockTwits by ZeddTrade

What will the $4m raised buy? Let’s work it out! I’ll assume $400k cash held for opex. So, how many PH/s can $3.6m buy?

Using a Whatsminer m30S++ as an example: $1,800 unit cost. 112TH’s (0.112PH/s). Works out to 2,111 mining rigs and 236PH/s. Increases hash rate from 184 to 420PH/s.

In the current market, it will be easier to source 2k rigs than 20-100k, like the big dogs, $RIOT $MARA & $ARBKF will be trying to find. 3472w, 112TH/s per unit, 4.5c all in costs inc electricity. $800 profit per month per rig. x 2,111 rigs = $1.68m profit per month (not bad for a $3.6m investment hey!) Equivalent to 36 $BTC.X per month, which makes sense since they already produce 33 BTC per month.

69 Bitcoin per month worth $3.2m, with BTC at $46k. Factoring in the $4m dilution, Digihost’s market cap is only $78m! Take the figures with a pinch of salt but it’s a fun exercise and highlights the extreme value on offer.




SURGE
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent DGHI News