GREY:HYBOF - Post by User
Post by
realitycheck00on Mar 03, 2020 6:47pm
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Post# 30763150
Is my math correct?
Is my math correct?pg 5 of the MD&A illustrates an increase in Petahash up to 300 PH/S which equates to 300,000 TH/s at a profitablity rate of US$0.155 per TH/s per day that would return US$46,500 per day of mined crypto (US$1,395,000 per month).
If most of Q3 was filled with expenses relating to restructuring then HYPR should have a significant Q4 2019 and Q1 2020 based on those stats above.
Someone please check my math !
From MD&A:
The Company ordered over $3 million of new servers in 2019 and expects to increase its hash rate from 167 PH/s to 215 PH/s by end of 2019 with minimal fluctuation in its operating costs. The Company intends to order additional servers with the aforementioned renegotiated loan and projects its hash rate will increase to between 285-300 PH/s. See the “Subsequent Events” section for further details.
Mining profitability per Terahash was $2.671 USD / Terahash per day in December 31, 2017, and by the December 31, 2018, the profitability had dropped to $0.166 USD / Terahash per day, a decrease of 94%. The profitability as at September 30, 2019 was approximately $0.155 USD / Terahash per day2