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Monday, April 08, 2024 5:18:03 PM
Thinking of revenue for Q1 this is what I came up with.
BTC high price average for January = 43.8k
BTC high price average for February = 50.3k
BTC high price average for March = 67.6k
Average high price for BTC for 1st quarter = 53.9k
Using a multiplier of 1 coin mined every 2 day instead of 1 1/2 days that is commonly accepted here is:
91 days total divided by 2 = 45.5 coins mined in Q1. Drop the .5 to bring to 45 coins.
45 coins x 53.9k quarterly average = $2,425,500, minus 5% since its unlikely they sold at the high of the day.
$2,425,500 - $122.622 (5%) = $2,302,878 projected revs for Q1
Obviously just an estimate from available info and a few assumptions.
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