RE: Progressing Nicely - Opens up a further 75% of market!20 Sep 2023 07:44
As a result, the Company is looking to engage with potential partners to deploy Method B in Chinese produced mining rigs, which currently represent over 75%{1} of all operational machines in the Bitcoin mining industry. In monetary terms, at the current overall hashing power of the Bitcoin network, this represents more than 2.5 million miners{2}, costing an estimated USD 5 billion at an average cost of USD 2,000 per mining rig