Bluesky Digital Assets Corp. Enters into Strategic Joint Venture Agreement with Monbanc Corporation
generated by hydro-cooled miners is reduced by a factor of 80% vs. traditional air-cooled fan-based mining systems. The S19 Hydro ASIC miners were designed for, and are ideal for, mining operations in hot climates. The Antbox system that will house the S19 Hydro ASIC miners, will maintain stable low temperatures in even the hottest climates - something that has been long sought out in an industry in which even a 1 degree centigrade of temperature can make a substantial difference across multiple units. In total, the Corporation paid USD 714,880 /CAD 899,605 for its portion of the equipment with the other USD 714,880 being paid by the Corporation's joint venture partner.
Blueksy's portion of the Antbox and the S19 Hydro ASIC miners will increase the Corporation's Bitcoin mining capabilities by a minimum 18.5 PH/s which would amount to approx. CAD 114,380 per month in additional gross revenue based on BTC being priced at CAD 45,000 per BTC and based on the minimum PH/s achieved. At the time of this press release, Bitcoin was priced approximately at CAD 56,000 and therefore based on a valuation of CAD 56,000 per Bitcoin the Corporation would anticipate seeing an additional CAD 142,340 per month in gross revenue from its joint venture share of the equipment's earned mining gross revenue. The Antbox, and the 195 S19 Hydro ASIC miners, are expected to arrive at the Corporation's Texas based facility and be put into operation at some point between late June and early July of this year. The Corporation plans to order additional Antbox's in Fourth Quarter of this year.