Crypto News

DigitalBTC ASX (Digital CC Limited) 2014 Annual Report Now Available!

DigitalBTC ASX

Digital CC Limitd, the world's first listed bitcoin company, released their first annual report on September 30th, 2014.  It is available to all at digitalbtc.com.  This annual reports covers the year ending on June 30th, 2014.

Highlights of the report include

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-Revenue of approximately $4.0 million

-EBITDA of approximately $2.4 million

-NPAT of $0.5 million

all in just over 3.5 months of Bitcoin Mining and Trading, in which Digital CC Limited mined over 7,200 bitcoins, making them one of the largest holders of bitcoins in Australia.

Digital CC Limited is not offering cloud mining services (just yet), but their mining operations are worth following as it provides insights into what the best corporate miners in the world are currently up to and how their mining operations are performing.

There are other cloud mining companies and mining companies in the crypto space, but what differentiates Digital CC Limited is that they are a public company under audits, making their statements more reliable than those without audits.

It's a good place to get benchmark numbers for bitcoin mining industry.

As of Sept. 30th, 2014 when the Annual Report was published, their outlook for bitcoin mining was positive - "an area through which to generate strong returns"

DigitalBTC ASX

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