Just to chime in here, this is our monthly P&L (Viewable by the public) for all CBTC Operations (including PeerBet).
https://docs.google.com/spreadsheets/d/1mFzQOuJ-8hBI8ftH75EEhRkcpLh8NbJMJPOoKhK17Yo/edit#gid=19It's possibly the ThrowAway account here is mixing operations (e.g. the sportsbook and other expenses not associated with PeerBet/Bit777), but you can see revenues for PeerBet / Bit777 called out explicitly in its own line item above
Server costs will run you around $600 per month with room to grow traffic.
Help me understand what I'm missing here. It looks like according to your spreadsheet PeerBet/Bit777 made 42 BTC in 7 months of 2015, and 59 BTC in 2014, quite a bit short of the 172 BTC annualized revenue stated in the thread title? And that's just revenue before costs?
Sure thing, and good question.
As mentioned above, CBTC only controls (or contributes to) ~30% of the BTC bankroll in Peerbet (and 100% of the Bit777 Revenue); therefore while we've made the earnings of 42 btc L7 months, and 59 btc in 2014 - that doesn't account for the full revenues for the both sites through the past 12 months.
An overall assumption, and similar to the attempted sale of PRC, is that we would divest all investors upon the sale - and the new owner could either fund the bankroll themselves (and earn 100% of the revenues), or open it back up to investors, or a hybrid like we executed upon.
Hope that helps!
Thank you. That would explain last year. Why did you ignore the second part of the question:
Also:
Not sure what you guys are smoking as these sites have made that in the past month.
Presumably in response to another poster's 12.5 BTC offer but the spreadsheet shows -0.8 BTC for July 2015.