Graystone Company Announces Mining Performance Through December 31, 2021 -Breaking
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Graystone Company announces mining performance through December 31, 2021Graystone Company, Inc., OTC: GYST, is delighted to present preliminary, unaudited data for its mining operations until December 31, 2021. The Company started mining on September 15, 2021. The Company produced $187,085.17 revenue between September 15 and December 31 2021. It had a cost-of-goods of $124.423.64 which resulted in a $62,661.53 profit.
The average of 1,100 Th/s for September and October was the starting point. We added 1000 TH/s to our total of 2,100 T/s, on November 1, 2021. Following that, we added 4,100 T/s by purchasing 41 S19jPro (100TH), machines. They will be installed at our hosting facility in the middle of January 2022. Our launch date of September 15th, 2021 has seen us generate 0.88595251 and $48,285.17 in revenue. This is shown below per month. The cost of the mine operation was $9973.64 which translated into a $38,311.53 profit. We also started reselling mine equipment in October 2021. In the meantime, 9 S19j Pros have been sold and we’ve made a $24,350 profit on a $114,450 purchase.
Bitcoin Mining Monthly Update
| Month | Terrahash | Bitcoin Mined | Revenue | Mining expenses |
| September 2021 | 1,100 | 0.09937408 | $ 3,698.41 | $ 929.50 |
| October 2021 | 1,100 | 0.19254803 | $12,366.06 | $1,915.33 |
| November 2021 | 2,100 | 0.30103452 | $18,166.39 | $3,545.00 |
| December 2021 | 2,100 | 0.29299558 | $14,054.31 | $3,545.00 |
Since September 15th, 2021 we have achieved a lot and are looking forward to the growth in 2022.
The Company’s Bitcoin wallet address can be found on our website at https://www.thegraystonecompany.com/blockchain. Our wallet address shows real-time data that directly links to Bitcoin Mining activities, transactions, and BTC balance. We strive to be as transparent as possible for our shareholders.
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