Post by
Dman006 on Mar 04, 2021 7:25am
WOW 35.02 coins mined in February
That's impressive for a short month. That would be about 420 coins per year (should be higher assuming they would mine more during a longer month. At the current CAD BTC price that gives them approx. 26 million CAD per year in revenue. Share price is still very undervalued vs. Mara and RIOT
TORONTO, March 04, 2021 (GLOBE NEWSWIRE) -- Digihost Technology Inc. (“Digihost” or the “Company”) (TSXV: DGHI; OTCQB: HSSHF) is pleased to announce that the Company has increased its mined Bitcoin (“BTC”) holdings during the month of February 2021 by 35.02 BTC, bringing the Company’s mined BTC balance to 218.72. The total BTC balance held by the Company as of February 28, 2021 is 219.72, which includes one BTC received as part of the $4,000,000 proceeds from the closing of the private placement announced on February 19, 2021. Based on an approximate current BTC price of US$51,000, the total value of BTC in the Company’s possession is approximately US$11,206,000.
Comment by
londonsate on Mar 04, 2021 7:41am
But how much the cost for mining? This is key, if they spent more than these bitcoin monthly, thats no good.
Comment by
goldbug2525 on Mar 04, 2021 8:31am
Riot has been profitable since bitcoin is at $ 20 000