Company: CBLO
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001882781-25-000034
Chunk: 3

Company: C2 Blockchain, Inc.
Filing Date: 2025-09-29
Form: 10-K
Item: Item 1
Chunk 3
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256 algorithm, such as Bitcoin.

The mining operation
is intended to be scalable, allowing for the addition of mining hardware as funding becomes available. The Company believes it will require
a minimum of approximately $200,000 to secure a location and begin operations at a limited scale with at least ten mining machines. However,
access to such funds does not guarantee that a site will be secured, as the Company must also evaluate suitability, terms, and economic
feasibility. The Company may elect not to use available capital for site acquisition if conditions are unfavorable or if other operational
priorities arise.

Each ASIC S19
XP miner consumes approximately 3,010 watts at full capacity. Ten units would consume roughly 722.4 kilowatt-hours per day. Based on
an average industrial electricity rate of $0.075 per kilowatt-hour in Georgia, estimated operating costs for ten miners would be approximately
$54.18 per day, or $1,648 per month.

The Company’s
internal estimates suggest that, under current Bitcoin prices, electricity rates, and depreciation assumptions, each Antminer S19 XP
miner could generate approximately $1.59 in net daily earnings, with a projected investment break-even period of 2.5 to 3 years. These
estimates are based on assumptions that may not prove accurate, and there is no assurance that the operation will achieve break-even
or any profitability.

The Company
has not purchased any machinery, mining rigs, or related infrastructure to date. Progress remains contingent on available financing,
the identification of suitable, properly zoned, energy-efficient, and economically viable locations, and the prioritization of operational
objectives, which may result in the mining facility not being pursued as the Company’s top priority if deemed less critical than
other initiatives.

AI-Powered Crypto Chatbot

On May 5, 2025, the Company announced the beta launch of
its proprietary AI-powered crypto chatbot, designed to integrate blockchain analytics, machine learning, and real-time market data to
assist users with trading insights. The Company does not hold patents, registered copyrights, or other intellectual property rights with
respect to the chatbot. A subscription-based revenue model was introduced for both retail and institutional users. Development has since
been paused while the Company focuses on other business priorities. As of the date of this filing, the chatbot has not generated any
revenue, and there is no assurance that it will be further developed, commercialized, or become profitable.

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