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Re: dinogreeves post# 45862

Monday, 06/13/2022 8:47:25 AM

Monday, June 13, 2022 8:47:25 AM

Post# of 46530
Fair point on Bitcoin falling, but according to JT, Munaf said it costs Phoenix $12k to mine one bitcoin, so that is still 100% profit.

Now just the first batch of miners into Dubai is 650MW, that is 19.5EH/s, or 80.422 BTC's per day, at just over $24k per BTC that is still $1,943,418.77 per day, $700+m a year in revenue, right around $1m per day profit, $365m per year in profit, and that is just for the first batch of Dubai miners, there is still the other 450MW of miners in US, Canada and elsewhere, now throw in the second batch of Dubai miners.

Saying all that, no one knows what is going into Techcom.