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Cathedra Bitcoin Inc V.CBIT

Alternate Symbol(s):  CBTTF

Cathedra Bitcoin Inc. is a Canada-based bitcoin company. The Company develops and operates a high-density compute infrastructure across North America. It hosts bitcoin mining clients across its portfolio of three data centers (30 megawatts total) in Tennessee and Kentucky. The Company operates a fleet of proprietary bitcoin mining machines at its own and third-party data centers, producing approximately 400 Peta hashes per second (PH/s) of hash rate. It is focused on expanding its portfolio of data center infrastructure for high-density compute applications, including bitcoin mining and artificial intelligence. The Company is focused on managing and expanding its portfolio of hash rates through a diversified approach to site selection and operations, utilizing multiple energy sources across various jurisdictions.


TSXV:CBIT - Post by User

Comment by biggerron Oct 31, 2021 11:50pm
179 Views
Post# 34071728

RE:FORT- Smart money buying like crazy in the last minutes.

RE:FORT- Smart money buying like crazy in the last minutes.I did some quick calculation comparing FORT and HUT. By the year's end FORT is planning 195 PH's which roughly equals 10 MW capacity which is 1/14  of the HUT current capacity including the new one in North Bay. But the FORT cap is only CS76 million while the HUT cap is $2.7 billion. You divide $2.7 billion by 14 and you get $192 million which the cap of FORT should be compared to HUT, which is some 2.5 times higher than the current FORT cap
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