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How much money does one of these operations roughly make and what was the startup cost?
by MuffinFlavored 4y ago
How much money does one of these operations roughly make and what was the startup cost?
- JumpCrisscross 4y ago> How much money does one of these operations roughly make and what was the startup cost? Riot Blockchain (RIOT) [1], Marathon Digital (MARA), HIVE Blockchain Technologies (HUBTF) and Hut 8 Mining Corp (HUTMF) have public financials [2]. [1] https://www.sec.gov/Archives/edgar/data/1167419/000107997321000221/riot10k1220.htm https://www.sec.gov/Archives/edgar/data/1167419/000107997321... [2] https://marketrealist.com/p/publicly-traded-bitcoin-mining-companies/ https://marketrealist.com/p/publicly-traded-bitcoin-mining-c...
- fbdab103 4y agoFascinating find. Not a financials guy, but my quick look at the RIOT filing says they are operating at a loss for the 2020 year. Bitcoin price has seen a significant drop since then, which would compound their losses.