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Bullboard - Stock Discussion Forum Neptune Digital Assets Corp V.NDA

Alternate Symbol(s):  NPPTF

Neptune Digital Assets Corp. is a Canada-based blockchain company. The Company is engaged in the business that builds, owns, and operates digital currency infrastructure assets. It provides cryptocurrency and blockchain infrastructure with operations across the digital asset ecosystem, including Bitcoin mining, proof-of-stake mining, blockchain nodes, decentralized finance (DeFi), and other... see more

TSXV:NDA - Post Discussion

Neptune Digital Assets Corp > Revenue Run Rate question
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Post by mercedesman on Oct 15, 2021 11:58am

Revenue Run Rate question

apparently pre-August the Revenue run rate at 12 TH/s was $ 505k/month

We just added 22 TH/s with this latest installation...yet they said that the current revenue rate is $ 645k ?  I assume this must mean old capacity of 12 TH/s at current BTC prices?

So the current revenue rate with the additional 22 TH/s coapicity must be much higher.  Roughly 3 times what it was. No?

And soon we will be adding another 53 TH/s  to that ( the math says that the ability to produce BTC has gone up by a factor of 7 over prior to August monthly revenue rates).

If I'm right, I don;t thiink the market has factored into the SP, the dramamtic increases to revenues that are coming just around the corner.

Hope I am right, and would welcome an understanding of where I might be wrong.

MM
Comment by hemi3tc on Oct 20, 2021 11:01pm
The hash rate for mining does not stay the same. ususlly goes up over time. The old miners maybe were taken offline when the new miners brought online. new miners are more efficient but if the has rate has doubled u are more or less mining at the same or slightly higher rate.
Comment by mercedesman on Oct 21, 2021 9:27am
Thx hemi3tc So with all this new (more effiecint) capacity coming on board, and much more pending (awaiting delivery), what do you see as the Revenue growth rate for NDA (assuming no increase in the value of BTC)? MM
Comment by TheeRook on Oct 25, 2021 3:21pm
U can try and estimate it from the calulators  Cryptocurrency Mining Profitability Calculator https://www.coinwarz.com/cryptocurrency
Comment by mercedesman on Oct 25, 2021 5:02pm
Re Calculator...thx.... but too complicated 4 me... All I know is that I was an early 2020 investor in HIVE and GLXY  It worked out way better than I expected, and I sold far too soon. I'm getting a similar spidey sense here. Once all the BTC generation capacity ramps up at Neptune, people may be surprised about this one.  Hoping the new equipment efficiency (i.e. low power usage) ...more  
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