Mines 1, 2, & 3: Under the two contracts already entered into, CryptoGaz has completed the installation of 305 miners at 3 mine sights. At peak performance we saw these three mines locate a total of 2.13 BTC per month. Assuming a Bitcoin value of US$17,744 this is anticipated to result in the following:
Revenue/Month: US$37,761
Cash Flow/ Month: US$31,643
Going forward CryptoGaz intends to proceed with completion of additional mines. As shown above Mine 4 and Mine 5 are already contracted for and is forecast to result in CryptoGaz seeing BTC production and revenues to increase as follows:
|
Mines 1, 2,& 3 | Mine 4 | Mine 5 | |
Total Miners | 305 | 600 | 75 | |
Total BTC/Mo | 2.13 | 6.31 | 6.84 | |
Rev/month (US$) | $37,761 | $112,045 | $121,330 | |
Cash Flow/Month | $31,643 | $93,891 | $101,671 |
Thereafter, CryptoGaz intends to add gas wells with 100 mcf/d of production resulting an expected additional 100 miners and added 0.69 Bitcoins per month.
As shown in the above Chart this is expected to result in location of 10.3 Bitcoins per month.
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Cryptogaz ventures ltd.
[/et_pb_text]1150, 707 7th Avenue SW
Calgary, Alberta T2P 3H6