Yes. Many such cases in the subnets.
Food for thought on SN14 @taohash
In their last 30 days they mined approximately 30 $BTC. So if we expand that over 12 months that would give us potentially 360 Bitcoin.
The value of 360 mined Bitcoin at the current price of $107,100 is $38.556 Million.
Valuation of a Mining Company Producing 360 BTC Annually
Using standard industry valuation metrics, a company generating $38.556 million in annual revenue would be valued as follows:
Enterprise Value-to-Sales (EV/S) Ratio: Mining companies typically trade at EV/S ratios between 5.5–7.8, based on market position and efficiency. A mid-range ratio of 6.5 is conservative for estimation.
Estimated Valuation
Valuation=Revenue×EV/S Ratio=38.556×6.5=$250.6 millionValuation=Revenue×EV/S Ratio=38.556×6.5= $250.6 million
So a mining company producing 360 $BTC per year would be valued at $250.6M yet here is @taohash trading at a $16.6M MC. Opportunities to stack more $TAO hiding in plain sight.
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