10.
Direct costs of revenue
Schedule of Direct Cost of Revenue
| | |
2025 | | |
2024 | | |
2023 | |
| | |
| | |
| | |
| |
| Electricity cost in Duff site | |
| 2,760,377 | | |
| 2,425,043 | | |
| 364,110 | |
| Water fee in Duff site | |
| 295,135 | | |
| 571,053 | | |
| 51,779 | |
| Hosting fee in Memphis site(1) | |
| 1,922,814 | | |
| - | | |
| - | |
| Salaries(2) | |
| 473,842 | | |
| 339,723 | | |
| 39,579 | |
| Total
direct cost | |
| 5,452,168 | | |
| 3,335,819 | | |
| 455,468 | |
| |
(1) |
The company signed an agreement with 4545 S Mendenhall
LLC in March 2025. The hosting fee includes electricity cost, profit share and O&M cost. |
| |
(2) |
The
staff costs relate to that of the site manager, technicians and other part-time workers at the mining center in Duff, Tennessee. |
|