Wednesday, January 2, 2013

Bitcoin Gambling Site Earns $230,000 in December; Raises Eyebrows

SatoshiDice just announced their revenue numbers for the month of December, and they were record-breaking (all numbers in Bitcoin):


December Statement

Summary:
Earnings: 17,266.45
Hosting/Tech Expenses: 60
Loss Carryover from Nov: 0

Net Profit 17206.44888669

Volume over past 30 Days 527,708.52
Expected Profit over past 30 Days 10,026.46
Actual Profit over past 30 Days 16,632.74

Updated P&L 


Almost as impressive as their earnings was the cost of their overhead, an astoundingly small 60 Bitcoins.

You can read more about SatoshiDice in a previous article, here.

12 comments:

  1. I came for the eyebrows. I leave disappointed.

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    Replies
    1. Poor application of the expression. I was implying that the online gambling community would be interested by those numbers, and would probably want to explore how they could obtain a piece of the pie.

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  2. Go West, you're an awesome resource in the bitcoin community

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  3. The part where they also sold ~50k BTC worth of shares in the past month may also be interesting.

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  4. If you think SatoshiDice is great you should checkout http://bitbattle.me. This looks like the first real competition out there because it is not just a copycat but introduced some nice new features and ideas.

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  5. Yes i agree with you post because online gambling is most popular now a days and people like to play casino games online.

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  6. I like this website very much so much wonderful information.

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  7. This review just explains how gambling is being patronized by the people. Even beginners want to learn to play poker to fit in with the trend. Well, I don’t see anything wrong in there as long as they will play the game fair and safe.

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  8. Very nice post, I was expecting something like this from you. keep up the good work.

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  9. Its is wonderful blog about games,it is the most beautiful blog of the game world

    ReplyDelete
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    ReplyDelete