This Texas Bitcoin Mine Is So Big, Even Cowboys Are Jealous đđ°
Phoenix Group, hailing from sunburned Abu Dhabi, declared a consolidated first quarter revenue that could buy every jackrabbit between Amarillo and Austin. The reason? The machines are working overtimeâselfishly mining for Phoenixâs own purse strings. Margins climbed to 30%âup from 24% (which was already better than sticking your money under a mattress), yielding a $6.3 million gross profit. Of course, that profit had to square-dance with operating expenses, which ballooned to $9 million as they stretched across the globe like an overeager tumbleweed.





