Replies to post #28796 on MGT Capital Investments Inc. (MGTI)

[deallooker]

IMO the Bitcoin price is irrelevant if we don't know the PH output. What we know now is 5PH at 100 BC a month. Even at $5000 a BC that's $500k. BC could go up $100 and that's only an additional $10k for the month.
The other issue is the PR is just more future promises on top of promises that have failed to come true. Sooner or later you have to make good on something. You can't keep burning through $5 mill a quarter with negative revenue. The next quarterly should shed light on past promises.