Arb style rise23 Oct 2023 09:14
Check these figures π
sharetalk: Something to consider over the weekend, as QBT move to commercialisation:
You can see from the calculations in the heading, that if QBT had already licenced just it's 2.6x Method B software to the top nine North American and Canadian miners for full year 2022, at bitcoin price $30k, full year revenues to QBT on the extra bitcoin mined could have been:
@ 5% commission = $112.9m
@ 10% commission = $225.8m
@ 15% commission = $338.7m
@ 20% commission = $451.6m
Now imagine going forward, with a bitcoin price not at $30k but potentially above $100k, $250k, $500k, $750k, $1m, etc.