How is gross margin calculated in the cryptocurrency industry?

1 answers

• aKunMar 01, 2023 · 3 years ago
  At BYDFi, we have a slightly different approach to calculating gross margin in the cryptocurrency industry. We consider not only the revenue and direct costs but also indirect costs such as marketing expenses, customer support, and platform maintenance. This comprehensive calculation gives us a more accurate understanding of the profitability of our operations. It's important to note that different exchanges or mining operations may have their own unique methods of calculating gross margin, so it's always best to consult the specific guidelines provided by the platform or seek professional advice if needed.
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