HIVE Digital Technologies Ltd V.HIVE

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[MozzarellaMacky]

22,000 ETH mined at a cost of ~250$/coin = 17,600,000$ profit

160 BTC mined at a cost of ~13,000$/coin = 3,008,000$ profit

ETH classic profit of ~500,000$

 

Total Profit = 21,108,000 USD

total shares is ~ 356,000,000 (I included an estimate of the recent depentures)

QTRly EPS of 0.0593 USD x 4 = Annual EPS of 0.2372 USD

Historical forward P/E of the S&P500 is 15

Price target of 3.558 USD --> 4.51866 CAD

 

This estimates are as accurate as the hardware, energy cost, and network hash rate data that are available to me.

[rwfresh]

I concur, thanks for posting this. And this assumes the current price of Eth. Eth could double or triple from here. Eth has not even hit ATH, bullrun just starting.

[GoldBug666]

Nice synopsis!  Then we can add in some FOMO as well as consumer irrationality into the equation and that could translate into a few more dollars on top of your projection.  To me these crypto mining stocks are in the stage that the weed stocks were when they first came out.  However they could prove profitable much faster and have the potential to jump as illustrated above.