RE:BTC daily productionDifficulty level from Aug to now is ~ +50%
The mining rate of BTC using the curent hash rate is 85 BTC / mnth .
Assuming someone else does not get the reward first.
HIVE and HUT develop their own mining sites so their revenues is 100%.
None of the NRs indicated how much of a cut their partner
Great American Mining (GAM), gets. Bitcoin Hashrate Now: 164.81 EH/s
Exahash / s = 1000 Ph / s
So FORT is ~ 0.391 of the BTC network
Rob0012 wrote: Exercpt from August 12th NR:
- The companies’ operating hashrate is now 52 PH/s for the first four containers in the field, which yields 13.7 Bitcoin per month
By simple math and without consideration to the difficulty level that indeed seems to get higher as days go by, I come to the following monthly BTC production by the end of Q32022:
646/52= 12,4 (646 PH/s as per yesterday NR)
12,4 X 13,7 = 169,88 BTC/month
Let's round it up and factor in a higher difficulty level:
120 BTC/mth and let's keep the BTC price to what it is today...
120 X $63000 = $7,560,000 per month in potential revenue generation.
$90M per annum...not a small business in perspective!
Now, how does this compare to HIVE or HUT?...
Our market cap is still way undervalued. Not even considering BTC price appreciation.
FORT= cash machine.
ROb