NYSEAM:AULT - Post by User
Post by
ecabrera333on May 12, 2024 6:53am
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Post# 36035660
Sentinum’s Deception
Sentinum’s DeceptionOn May 10, 2024, Milton C. Ault (aka Milton Todd Ault III) and his messenger William B. Horne, Chief Executive Officer of Ault Alliance, stated that Sentinum mined approximately 89 Bitcoin in April 2024.
What they are not telling you is that Sentinum’s daily general and operating costs are approximately $15,000 and direct cost for each Bitcoin mined of approximately $51,000. It is highly likely that Sentinum will never make a profit by mining Bitcoin if the price goes below the current price ($61,000).
Furthermore, do not forget that as a participant in a cryptocurrency mining pool, Sentinum provides hash calculation services to the mining pool operator and receives a share of the block reward generally pro-rata to the contributed hash rate. As of December 31, 2023, Sentinum was only holding 16.7 Bitcoins out of 1,467 mined in 2023.