Canadian listed mining company's third quarter mining gross profit margin was 62%

Canadian listed mining company's third quarter mining gross profit margin was 62%


According to globenewswire, Canadian listed mining company Fortress Blockchain Corp. released its third quarter financial report on the 28th. In the third quarter (ending September 30), digital currency mining revenue was US$617,034, gross profit was US$384,274, and mining gross profit margin was 62%.
The financial report shows that after September 30, 2018, the company sold 35.33 bitcoins at an average price of $4,794, with a total profit of $169,418 and transaction fees of $847. Fortress currently has more than 1,400 S9 ASIC miners in operation, and has mined a total of 37 bitcoins and 16 bitcoin cash from October 1 to November 28, 2018.

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