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BMS Whitepaper
  • Welcome to the Saloon
  • Executive Summary
  • The Team
  • The Opportunity
  • Service and Products
  • The Profit
    • Post BTC Halving
    • First 256
    • Expenses
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  1. The Profit

Post BTC Halving

Based on data, a single Antminer S21 (200 Th) miner produces $3.55 in daily profit after power costs with Bitcoin at $88,753.50 and a network difficulty of 101.65 T (As of 11/13/24)

Therefore, the 300 miners we purchase in phase 2 and operate for our holders would yield:

  • ~ $1,065.00 USD Daily

  • ~ $31,950.00 USD Monthly

  • ~ $383,400.00 USD Annually

Revenue distribution (based on numbers above):

  • 70% to NFT stakers | ~$268,380.00

  • 10% for future growth (voted on by NFT holders)

  • 20% for maintenance and upkeep

This means that each of our staked BMS NFTs would return: (at current btc prices as of 11/13/2024)

  • Bronze & BMS LAP 1x reward = ~$76.68 per Bronze NFT

    • Bronze BMS NFT's can be increased from a 1x staking multiplier up to a maximum of a 1.75x multiplier by staking in combination with certain partner NFT's. Please review the Partner Staking Multiplier Spreadsheet here for more info: https://docs.google.com/spreadsheets/d/11zFCqRP5-OjCf2r9TvcOXEeHGl9VhlfiuEqXsfh96_U/edit?usp=drivesdk

  • Silver 2x reward = ~$153.36 per SIlver NFT

  • Gold 3x reward = ~$230.04 per Gold NFT

These numbers are of course estimations and are based off of current market conditions as of 11/13/2024.

There are many factors that could drastically increase these numbers or reduce based on various factors such as:

  • Price of Bitcoin (Some experts say $BTC will hit $150-200k OR MORE during the next bullrun! NFA/DYOR)

  • These calculations also assume that all BMS NFT's would be staked and earning all year round. Therefor all 3500 distributional rewards would be split between all 2250 V1 NFT's.

View network difficulty here: https://www.coinwarz.com/mining/bitcoin/difficulty-chart

What is network difficulty and what effect does it have on mining? Read this: https://education.compassmining.io/education/mining-difficulty-in-bitcoin-and-its-impact-on-miners/#:~:text=Reduced%20Profit%20Margins%3A,reducing%20the%20frequency%20of%20rewards.

View Antminer S21 (200 Th) miner profitability here: https://www.asicminervalue.com/miners/bitmain/antminer-s21-200th

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Last updated 4 months ago