Bitech Technologies Corp (BTTC)

[Amigo Mike]

Miners have been shutting off their rigs because in some cases the power cost is too high ... or like in Texas .... the miners turn off their rigs to allow more power to the overall grid but get paid by Texas to do so. See RIOT news. Generated more revenue with rigs turned off ... than with rigs turned on.

Bottomline if Tesdison does as stated, would seemingly reduce the reliance on external power needs ..... but is it enough to overcome Tesdison cost and revenue sharing that BiTech will want ??

Yes Bitech is talking about acquisition but figure that would happen only with Clean Tek's money and/or more shares of BTTC. Either way, I don't think it moves the needle unless the acquisition is a sweetheart deal. Tech companies valuations have certainly dropped this last couple months to more realistic levels. That's why I mentioned Bitech valuation still seems far too high for what this company has shown so far. No revenues and no earnings ..... and no idea when .... isn't a good place to be in the markets these days.

Pocket change gamble is basically what it is for the time being. I don't own any BTC at the moment (have some other altcoins) but I think some BTC miners are at depressed enough prices to be interesting and have focused some resources there.

Amigo Mike