RE:Tidewater Midstream sees path to $10M in earnings from crypMOJOJONO wrote: Tidewater Midstream sees a path to $10 million in earnings from crypto mining Interesting.... https://www.jwnenergy.com/article/2018/3/tidewater-midstream-sees-path-10-million-earnings-crypto-mining/
The first sentence of the article claims that Tidewater will make $1 million over the next 30 days. Now that would be exciting!
Tidewater's PR states $1 million in
annualized EBITDA over the next 30 days. This wording strikes me as a little strange. Should it be interprested as approximately 1/12 of a million EBITDA over the next 30 days, or that their annual EBITDA run-rate will improve by $1 million sometime in the next 30 days, once the operations commence? I presume the latter. Anybody know?