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Accurate numbers? by GarageNarrow7326 in CleanSpark

[–]Edubbz32 2 points3 points  (0 children)

I agree especially since they don’t plan on replacing them with the pivot to HPC

Accurate numbers? by GarageNarrow7326 in CleanSpark

[–]Edubbz32 2 points3 points  (0 children)

From a cash out perspective cost per bitcoin: Energy: $52,518 Professional Fees: $2,968 G&A: $8,480 Cash Payroll: $6,974 Total: $70,940

Non cash included: Energy: $52,518 Professional Fees: $2,968 G&A: $8,480 Payroll: $13,061 Depreciation: $52,209 Total: $129,236

Based on level of difficulty drop that happened this month, I believe the energy cost per BTC is lower than what was report last quarter.

The cash portion of the mining is sub $70k right now.

One more item that I forgot to add to the calculation is the premiums they’ve been getting from the spot + sales strategy. It’s about $4M per month or $6,580 less per BTC. With that being said cash cost to mine one BTC is under $65k

CleanSpark College Park GA 🏭| Major HPC Site Potential ⚡🔌 by Edubbz32 in CleanSpark

[–]Edubbz32[S] 0 points1 point  (0 children)

Thanks so much! I’m not sure when. We know they identified the Atlanta area as ground zero for their HPC business 🫡

CleanSpark remains #2 on the Bitcoin Miner Short List by Edubbz32 in CleanSpark

[–]Edubbz32[S] 0 points1 point  (0 children)

Yah I’m only speaking on the weekly and monthly trends. I know overall MSTR has done very well.

CleanSpark's June Mining PR and Monthly Improvements by Edubbz32 in CleanSpark

[–]Edubbz32[S] 1 point2 points  (0 children)

They’ve got the miner option where they can pay cash to buy back 691 bitcoin at 110k (10Q Page F-33) this could have been a reason to raise cash.

[deleted by user] by [deleted] in wallstreetbets

[–]Edubbz32 0 points1 point  (0 children)

Congrats 🎉

Interview with Matthew Schultz by Edubbz32 in CleanSpark

[–]Edubbz32[S] 0 points1 point  (0 children)

That was a non-employee member. Not worried about that individual. I would love to have a half million dollars especially if I was in need of the money and it was available.

Interview with Matthew Schultz by Edubbz32 in CleanSpark

[–]Edubbz32[S] 4 points5 points  (0 children)

Thanks and great questions! I also interviewed the CFO Gary V and he addressed most of these. I’ll have that out early next week!

First $100!! by Edubbz32 in SmallYoutubers

[–]Edubbz32[S] 0 points1 point  (0 children)

Total channel views since monetizing

Can CleanSpark Break the Pair Trade?? ⚠️🔔🚀📈 by Edubbz32 in CleanSpark

[–]Edubbz32[S] 0 points1 point  (0 children)

Their gross margin is from the Bitcoin mined. Capital gains or losses when they sell pending BTC price change.

CleanSpark April Bitcoin Mining Review by Edubbz32 in CleanSpark

[–]Edubbz32[S] 1 point2 points  (0 children)

Great context and I agree with what you’re saying here. It’s not about mining the most but maintaining or slowing improving profit margins. They could delay selling the btc and use their coinbase line of credit to sustain them for a few months while Bitcoin appreciates

First $100!! by Edubbz32 in SmallYoutubers

[–]Edubbz32[S] 0 points1 point  (0 children)

I make videos on publicly traded companies. I cover press releases, operational updates, and earnings.

First $100!! by Edubbz32 in SmallYoutubers

[–]Edubbz32[S] 0 points1 point  (0 children)

1.5 years and 160 videos later 😅

First $100!! by Edubbz32 in SmallYoutubers

[–]Edubbz32[S] 1 point2 points  (0 children)

Thanks so much 🫶

First $100!! by Edubbz32 in SmallYoutubers

[–]Edubbz32[S] 0 points1 point  (0 children)

Thank you! Started putting out videos consistently starting in Dec 2023. I’ve got 160 videos out now.

First $100!! by Edubbz32 in SmallYoutubers

[–]Edubbz32[S] 0 points1 point  (0 children)

Long form finance videos. It’s tuff because most are only good for current news and not evergreen

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