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meekuu

10/19/17 10:13 AM

#46262 RE: Evandean1 #46259

$SANP value is .34

VortMax

10/19/17 10:20 AM

#46280 RE: Evandean1 #46259

it truly is crazy, you can buy 50,000 Antminers for about $75M. That is 700P of hash....which would be about 6% of total hashrate and getting about 120 bitcoins per day or about $250M in bitcoin revenue annually. Profit is up over 50% too. In china it costs about $740 to mine 1 bitcoin which sells for almost $6000 today. In America its probably closer to $2000 to mine a bitcoin but still 60% profit margin.

Everyone google BTC.top. They literally started as a pool last December, and have grown to about 2000P has and 15% of the market in just 10 months as Chinese investors bought Antminers and joined the pool.

Easily can see Canoe Pool America getting the funds to buy enough Antminers to get up to 10% of the total hashrate. That would give SANP upward of $1B in revenue per year if bitcoin stays at $6000. But some say bitcoin will be 25,000 plus in 2018