Cathedra Bitcoin Inc V.CBIT

BTC daily production

[Rob0012]

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

[TheeRook]

Difficulty 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

[TheeRook]

My BAD at a 646 PH/s   mining rate    Fort/GAm can produce   3.74999  BTC / day   or   ~112. per 30 day month.

[Rob0012]

which is not far from my 120.  Still a solid business in the making. Rob

[Augataag]

Rob - I agree 100% Considering that Forts market cap is <$70 million Considering that Forts PE is currently les than 9 compared to Hut = PE 50 Hive = PE 30 If there is a better risk/reward/growth profile miner in this sector please let me know as I can't see Fort having a peer right now. Well done Fort - please keep executing!