GREY:CYXTF - Post by User
Post by
LifeGoesOn1973on Feb 09, 2018 8:16am
82 Views
Post# 27532011
undervalued compared to peers
undervalued compared to peers
MGTI has just reached 7000 machine and they are valued at 172 M USD, with a sh!t load of warrants and loss from their business other than the crypto. we are at 170 M CAD now and we have 10,000 machines. I will use a presentation that BLOK had prepared to see the revenue using 1000 machines for Bitcoin price of 8000 USD. it shows the cost of power and the margins on a monthly basis, HUGE margins. now we have around 4000 S9antminers not to mention the other 6000 machines. check out the presentation page 16 , https://www.blockonecap.com/wp-content/uploads/2018/01/Block-1-Deck-Release-V2-Jan-11.pdf