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 end of Q3.
Yes, we believe that will likely be the case
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 Merchant.
Over 400 Antminer S19j PRO machines installed and mining Bitcoin.
We have mined 10 Bitcoins to date. As we continue to install more machines, this Bitcoin count rate will understandably increase.
We anticipate having all 1,000 Antminer machines mining Bitcoin by the end of Q2?
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 and running within
Although we are not going to disclose this confidential information, our energy costs are significantly below market through CAI Blockchain.
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 sustainable profile.
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.