Monday, September 12, 2022 12:51:35 PM
.... where does the $2.5 million come from ? Isn't on the balance sheet.
The "predictions" are nice .... LOL .... but don't belong in a PR. And nobody knows where bitcoin is going.
Case in point the current crypto "winter" and the negative Wall Street narrative that dominates headlines daily. Like the Fed and inflation impacts crypto. The whole point of crypto is moving away from fiat and gov't oversight and meddling as they don't know what they are doing in the first place.
Also wondering about the net profit projections. 560 S1 antiminers aren't going to produce much. Low end of CUMULATIVE net profit projections is $6200 per day. That simply isn't going to happen. S1 antminers ????.... so was that supposed to be S19 antminers ? Even 560 S19 Pro isn't going to produce that kinda action per day even at 3 cents /kwh and the difficult over time only really goes higher driving down profitability. No info provided on power cost ..... assume some level of Bitech power supply minimizing power costs but no info there either.
https://www.nicehash.com/profitability-calculator/bitmain-antminer-s19-pro
And gotta split the money 51/49 .... so ..... looking like the numbers don't really add up.
Amigo Mike
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