- Bluesky Digital Assets Corp. (BTC) announces that it has mined an implied and combined unaudited total worth of $322,563 of cryptocurrencies for September
- It achieved the worth through the mining of 2.46 Bitcoin (BCN) and 43.95 of Ethereum (ETH). Costs associated in the mining amounted to approximately $75,000 which include electrical, bandwidth and rent
- The percentage split on mining was 42.1 per cent BCN and 57.9 per cent ETH
- Bluesky held $1,457,182 in unsold cryptocurrencies which represented a 370 per cent increase over the $309,659 that it held in its reserve at the end of Q2, 2021
- Bluesky has recently completed a private placement with $4 million in cash on hand that it can allocate towards the expansion of mining hardware
- Bluesky Digital Assets Corp. (BTC) is down 5.48 per cent and is trading at $0.34 per share at 1:52 p.m. ET
Bluesky Digital Assets Corp. (BTC) has mined a combined unaudited total of $322,563 in cryptocurrencies in September.
Bluesky mined 2.46 Bitcoin (BCN) and 43.95 Ethereum (ETH). Costs associated with the mining totalled approximately $75,000 including electrical, bandwidth and rent.
The implied valuation amounted to $135,808 BCN and $186,755 for ETH for last month. Bluesky averaged a daily mining rate of approximately 0.08 BTC and 1.46 ETH per day.
The percentage split on mining was 42.1 per cent BCN and 57.9 per cent ETH.
As of September 30, Bluesky held $1,457,182 in unsold cryptocurrencies which representing a 370 per cent increase over the $309,659 that it held in its reserve at the end of Q2, 2021.
As of today, the reserve is comprised of 12.16 BCN and 252.07 ETH valued at $1,945,995.
Ben Gelfand, CEO of Bluesky commented on the company’s future growth opportunities.
“With the overall power and overall facility expansion very close to full completion, we now can rapidly expand our operations as our primary facility can now handle approximately two and a half times more production capacity than it did before the expansion. The corporation is in the process of strategically acquiring additional mining hardware to efficiently stage additional production roll-outs of new mining assets and utilize all available capacity and continue to increase future quarterly and ongoing revenue returns in an exponential fashion.”
Bluesky has recently completed a private placement with $4 million in cash on hand that it can allocate towards the expansion of mining hardware.
Bluesky Digital Assets Corp. (BTC) is down 5.48 per cent and is trading at $0.34 per share at 1:52 p.m. ET.
