Don't under estimate $SANP. big things is coming. Deal with #BITMAIN acquisition is about to be complete. CEO really goes to china. as you can see on his previous pod deals made
The current price of one S9 Antminer from BITMAIN runs around $1,265USD. Canoe POOl has 50,000 units of the latest S9 model which puts the total cost of all 50,000 units at = $63.2 Million
Bitmain was established in 2013 to develop and sell the world’s leading bitcoin miners using Bitmain's ASIC chip technology. Its initial bitcoin miner was Antminer S1 which was upgraded over time to match up to bitcoin’s “difficulty level.” In May of 2016, Antminer S9, the world’s first consumer-grade bitcoin and most power-efficient miner based on a 16nm process ASIC chip was released by Bitmain. The company is the proud owner of several brands, including Antminer, Antpool, and Hashnest, which are ranked number one in their respective fields. Bitmain is headquartered in Beijing, with offices in Amsterdam, Hong Kong, Tel Aviv, Qingdao, Chengdu and Shenzhen. (Related reading, see: Bitmain's Data Center for Bitcoin Mining Is Nearing Completion)