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Actually I just checked. With the S9's it's about 1 every 3 months. See link.
https://www.bitcoinmining.com/bitmain-antminer-s9-review-bitcoin-mining/
How many btc can sanp mine w/100 s9's per year with the ph they have. Not taking canoe pool China's ph rate into the equation. And being conservative, let's say they don't increase the s9's, based on 100 and the price of bitcoin being 7,000 and having 6B OS??
SANP LONG.
Well that just doesn't make sense. Why would they change it just to change it again after merge to canoe pool America?
So no merge??
I think that canoe pool and podworks are getting together to combine resources and start a "New" business here called Canoe Pool America starting from scratch. They will build the business and buy more S9's with the profits made going forward. Therefore becoming a publicly traded company in america. And further diversifying with other crypto currencies. Canoe pool isn't going to bring their entire developed copany here with all revenue generated from china and have podwerk reap half of their rewards from their efforts. Jim
But still hoping for merger anyway. Doi!!
I usually just look in my TD AAmeritrade trading app to find news on any given stock. To find this news i have to type "SANP" into the search bar to find info on it. I tell my friends and relatives about this stock, they don't see the exciting news on their trading platform news feed so they DON'T KNOW ABOUT IT. So I have to give them instructions to Google search SANP investor hub to find this exciting news. So no. If people type into their trading app and go to news, again, THEY DON'T KNOW ABOUT IT.
All I can say is hip hip hoooray!!
I hope so. It's not gonna move to copper or silver without it. Need every investor informed.
http://www.nasdaq.com/symbol/sanp/news-headlines
Where's the news to the masses???
Long $$$SANP$$$
Does anyone agree??
F-ing typo again. Marketeer = Marketwire
The news isn't out to the masses. It's not on my TD Ameritrade news feed. Why not use marketeer or Business wire. It's not out to "EVERYONE !!!!"
Why isn't it on BZ NEWSWIRE like all their previous pr's? I have RD Ameritrade, no current news showing. Only LOI.
Typo. "Not merging?"
So.....not medging?? Is that a probkem?? Help for answer. Is price still to be a .44 valuation?? Confused.
What's the difference between exclusive licensing agreement vs merger? Regarding projected price per share value?
No news link. Don't make fake news!!
That would be nice
Yes, in point. But just to point out, just because he didn't say "we feel" doesn't guarantee a different scenario. Imho
The last time he said end of week news came out on Monday. So he may have an agreement by end of week, but the PR can come out Monday. Or hell, Tuesday!! So what. Ever heard "No news is good news?" We will find out what's going on when they put out the PR. Til then.......patience.
Excellent f'ing point. What would happen if they unplugged everything and packaged them for shipping and put it on a slow boat from china etc?
Last day is Sunday. See link below!
Although the company is diluting the hell out of this stock because you say they're broke, at least they don't have rediculous debt on their books!
Long $$$SANP$$$
Unchanged again
No ones selling either!!
I'm holding. 28M shares. Confident. Have some patience.
In the letter of intent, it stated that 50 million shares upon achieving a certain milestone. Do you think they were talking about podworks reaching a milestone to acquire mining gear to gain experience and staff miners so it can be a jount effort with canoe pool, or something to that effect.
Or am I just on cloud 9??
But with only 100 machines? That won't make a dent with 50B O/S
They need to be more specific here. If they know something negative about the merger, aren't they supposed to report it. Their news was very vague with their "negotiations." They should at least elaborate. Such as, are they negotiating to finalize or negotiating to "try" to merge, meaning 50/50 chance?
Franjose Yglesias, CEO of Santo Mining, stated, "We are still currently in negotiations with Canoe Pool; the 19th National Congress of the Communist Party of China held this month in conjunction with many new regulations and uncertainties of crypto currencies in China has created opportunities of study for the group to strategically see how we will develop our cooperation and how this cooperation will look down the road."
History of accomplishment and growth!!
$$$$SANP$$$$
It's canoe pool America, not Santo mining Corp America. Merging, not buying equipment to start mining.
So reverse merge 10:1 then only 1 billion shares out. Does this make you happy and cream in your panties??
But wasn't canoe pools share .63% and not 1.7%? Or was that misrepresented??
SANP $600 by December 25, 2018!!
MERRY CHRISTMAS!! Holding long term!!
Correction:
"Concerns pertaining to the threat of a Chinese crackdown on bitcoin mining are influencing the operations of industrial as well as retail mining entities. An anonymous source has alleged that Bitmain is transferring their mining operations overseas as a precautionary measure designed to evade any future regulatory hurdles that may arise in China"
Does this mean, since Canoe Pool is partnered with Bitmain, that canoe pool "And Bitmain" will SHIP all their mining equipment to the USA,or SANP, because they will be of no use in China because they are shutting down and selling off equipment and ceasing operations??????
CANOE POOL + BITMAIN TECHNOLOGIES LTD = CANOE POOL AMERICA = SANP$$$$$$$$