Sunny | OLB GROUP

Author: Sunny

Is the CBD merchant payment processing fully implemented and operational with the recent acquisition?

  25.03.2022

Yes, they are all on board. We also selected a new merchant acquiring bank to process the transactions and we anticipate a full transition — to that bank before the

Do you still expect revenue of $35 Million on just the e-commerce side of the business? Still expecting $4 Million in EBITDA?

  25.03.2022

Yes, we believe that will likely be the case SHARE ON TwitterFacebookGoogle+LinkedInPin It

Is the CBD merchant portfolio still growing by 120 plus accounts per month?

  25.03.2022

Yes, we are still seeing this growth trend. It just takes us longer to underwrite a CBD merchant that is dealing with more regulatory and compliance issues than a conventional

How many bitcoin miners are currently actively mining Bitcoin?

  25.03.2022

Over 400 Antminer S19j PRO machines installed and mining Bitcoin. SHARE ON TwitterFacebookGoogle+LinkedInPin It

How many Bitcoins have you mined to date?

  25.03.2022

We have mined 10 Bitcoins to date. As we continue to install more machines, this Bitcoin count rate will understandably increase. SHARE ON TwitterFacebookGoogle+LinkedInPin It

What is the projected date when all of the planned 1,000 Antminer machines will be fully operational?

  25.03.2022

We anticipate having all 1,000 Antminer machines mining Bitcoin by the end of Q2? SHARE ON TwitterFacebookGoogle+LinkedInPin It

When is the next shipment of mining computers anticipated and how long until they are operational?

  25.03.2022

The remaining 350 machines out of the initial 1,000 machines (already paid for) are expected to be delivered within the next 2-3 months. We anticipate having all machines delivered up

What is your net MWH cost, with your current agreement with CAI Blockchain energy?

  25.03.2022

Although we are not going to disclose this confidential information, our energy costs are significantly below market through CAI Blockchain. SHARE ON TwitterFacebookGoogle+LinkedInPin It

How many crypto machines can be powered under this initial agreement?

  25.03.2022

The 1000 machines can be powered with existing resources from CAI Blockchain Energy. As we expand to more machines, we are committed to obtaining favorable energy costs and maintaining our

Do you still anticipate having 24,000 crypto mining machines by end of 2023? If not, what is your revised forecast?

  25.03.2022

Yes, we expect to meet our goal of obtaining 24,000 machines by the end of 2023, subject to the challenges in the supply chain and the current machine costs. SHARE

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