Estimation for Mining Costs My argument for why I believe KASH is undervalued at $.195.
In company corporate presentation they suggest energy costs to be $.03 USD (Vancouver, BC) and $.04 USD (Montana).
Currently operating with 4.6 MW of energy for the current number of rigs online.
****1 MW = 1,000 KWH
1,000 x .04 (price per kWh) = 40
30 x 24 (hrs in a day for) = $960 per MW Per day***
Given this formula one might argue the company is utilizing at 4.6 MW = $4,416 USD per day.
We also know that with 770 rigs over 38 days they did around .735 bitcoin per day so assuming same difficulty then with 3,495 we could assume around 3.336 Bitcoin per day or $7,471 USD/BTC times 3.336 = $25,102 USD per day in revenue.
$25,102
-$4,416
________
$20,686 PER DAY
This is just an estimate for coin production based on what I could find online. Does not include DASH income nor overhead and operating expenses.
I definitely believe this play is highly undervalued and once some of the cheap paper is finished this takes off. Also Bitcoin could start popping anyday as well and that would only increase the potentail for the company revenue.
Been adding steady down at these levels. DYODD