InvestorsHub Logo
Followers 161
Posts 2881
Boards Moderated 1
Alias Born 02/13/2014

Re: i_like_bb_stock post# 1438

Friday, 11/12/2021 4:44:23 PM

Friday, November 12, 2021 4:44:23 PM

Post# of 2873
This is going to be a cash cow. 20 Bitmain Antminer S19 Pro miners. With the current BTC value, each miner will mine $400/day ($8000/day for all 20 machines). The acquisition was valued at $300k. It'll take 38 days to reach full ROI. The rest is profit. Once they've hit full ROI, they can mine $2,848,000 of Bitcoin/year. This value will likely increase as the value of BTC increases.

The 100 Goldshell Mini Doge 185 machines are nothing exciting and are not worth mining with, but they can sell the units or maybe upgrade the components inside to mine with them.

All in all, it's a good announcement from $GEVI and will likely lead to annual profit.