Quote from: AmbitICO on March 18, 2018, 09:54:00 PM

Quote from: JesusCryptos on March 18, 2018, 06:05:59 PM

Quote from: Ambit.Misha on March 17, 2018, 11:03:36 AM

Quote from: JesusCryptos on March 16, 2018, 07:59:08 PM

According to your roadmap, the huge 11000 Megahash GPU mining facility in Georgia has been already built in September 2017. Could you please show us photos and videos of the operating facility ? After all, to see is to believe...

https://www.youtube.com/watch?v=TSrGlbry_IE This one is in the old facility

https://www.youtube.com/watch?v=-zae_QeItIg This one is in the TFZ

Nice videos. WHich is the cost of electricity in Georgia? And will the miners stay profitable even after the current crash of all cryptocurrencies, which is unfolding in these weeks and today especially?

5 cents per kW/h.

Assuming the growth in popularity of the crypto currencies and the previous trends where every year the price of BTC has at least doubled, its a fair assumption that mining returns might be even
higher that shown in the table above. Of course, there is also the possibility that the price of cryptocurrencies might also fall. The beauty of the investment in mining project is the possibility to be profitable even in an unlikely scenario when BTC Price drops to 3,000 USD. The Ambit mining operation will remain profitable and yield a 18% return on investment even at that rate.

I didn't think it would be possible to remain profitable at 3,000 USD BTC price, but then, I am relying on old data of the time where I have been mining with close to no profit - but BTC was much cheaper then.