A founder who pulls off a $ 15M CAD exit in Texas keeps 100%.
The same exit in Canada? You'll pay $3.23M in taxes – even more if it's not your first exit.
Canada is in a global competition for founders and we're not rewarding risk the way our competitors are.
Our newest memo, which is also one of our submissions for Pre-Budget Consultations, proposes two solutions.
Demand response programs make the numbers attractive. Still unlikely to outperform Bitcoin.
Agreed. However, $ABTC and manufacturers of ASIC miners are still focused on mining. The manufacturers have a ton of inventory they needed to monetize, their big customers stopped mining like you mentioned.