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Re: None

Monday, 02/07/2022 9:20:29 AM

Monday, February 07, 2022 9:20:29 AM

Post# of 908
Just to address them not mining Bitcoin, it would not make sense to mine Bitcoin at the time because they could mine for a year and get no coins.

By mining Ethereum they were able to generate revenue.

Current Ethereum Network Daily Hash Rate is 1022.46 TH/s which is enough to generate 0.04641439 BTC a day.

So smaller companies go the better route of Ethereum till they get more power as

In the end, EdgeMode will be around 16.5 EH/s, which as of today would be $3.2m per day.

The 5 EH/s from Katena Computing by the end of December 2022 is $1m per day, at $42k for BTC and before the halving, which likely BTC will be way higher by December 2022.

10 EH/s from Katena Computing by Q2 2023 is $2m per day.