Investor Presentaiton

Simplified Bitcoin Mining Economics Daily mining revenue || Block subsidy (6.25 BTC per block) + Transaction fees (2-20% of block subsidy) × 6 × blocks per hour 24 hours per day Owned hash rate (TH/s) Network hash rate (TH/s) Power cost ($/MWh) X Daily mining costs Power draw per X 24 + Other opex machine (MW) X hours per day Number of machines 29 X Bitcoin price = Known = Unknown O

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