Updated post: IMO every +$10K in BTC price could get us $580K yearly in pure profit if we use a $33K BTC baseline from our published last qtr results, again IMO!
This example is looking at straight-line mining for a baseline and does not include other company operating costs! RE: The last qtr Net loss $ (27,011)
TAZ
This is only an approximate calculation for illustration only, do not use it to buy or sell, and always do proper due diligence on your own!
Quarterly Report For the period ending September 30, 2023 (the “Reporting Period”)
Nine Months Ended 9/30/23 Nine Months Ended 9/30/22
Revenues Mining revenue 235,002
Sale of Bitcoin 194,634 $ --- ---
Total revenue 429,636 ---
Cost of Goods Sold Bitcoin costs Energy costs Fees 194,736 108,082 2,335 --- --- ---
Total costs of goods sold 305,153 ---
Gross Profit 124,483 ---
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