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this is a DLC?
looking at likely the very first public bitcoin company ever here from late 2013 amazing
https://www.slideshare.net/bitcoinusa/bitcoin-usacom-atm-network
this was beta 2 years ago...new ceo is a smartphone app guy...so BYSD is going to be Vault 53 and a miner.
Vault 53 has the potential to be a game changer in Bitcoin security while providing faster and more efficient movement of Bitcoin. The Vault 53 beta test phase is fast approaching and soon we’ll be inviting selected Vault 51 customers to help us test Vault 53 before its North American roll out. Stay connected with us for more details #Bitcoin #Bitcoinsecurity #Vault51 #Vault52 #BitcoinzUSA
Our team has been in the developmental stages for Vault 53, a secure storage system for retail Bitcoin users through the use of a mobile storage application for smart phones. #Bitcoin #Bitcoinsecurity #Vault51 #Vault52 #BitcoinzUSA
https://plus.google.com/+Bitcoinzusa10101
Anybody here https://m.facebook.com/stevenhoffman45 a message to the CEO
The new website and true businesses will be here http://www.baysidecrypto.com
Cost jumped 2 grand today and they had a review from April so bitcoin profit is 30 percent. As a biz model if bitcoin goes to 1 trillion market cap crazy money
Here is the new CEO see what he has to say
https://m.facebook.com/stevenhoffman45
It's not the Hoffman from founders here imo
some serious power behind his vcard venture wonder what they have in store here http://vcardglobal.com/
so the new CEO is a tech guy and this ticker is going to be a bitcoin automated exchange
http://bitcoinzusa.com/the-corp/
i'm interested more in their mining. how much being done I wonder
rain whats up here...new filings?
this is whats new here today:
wrong board sorry mates
read this story on this pool that started December 2016...3 months before Canoe pool started....these guys got nearly all of the investors in 2017 in China and is one of the main motives for Canoe to move to America to do this in the USA..
https://www.cryptocoinsnews.com/bitcoin-market-needs-big-blocks-says-founder-btc-top-mining-pool/
by my calculations, the $49,000 in notes is now gone. $0 liabilities here as of now...game on with Canoe
https://www.otcmarkets.com/financialReportViewer?symbol=SANP&id=177226
Do there is nothing official yet and it doesn't even matter even if there's no merger these companies are working together I can do bitcoin mining in America
Bad move either way this is a bitcoin mining ticker now merger doesn't even matter
Who really cares I'd rather have a joint venture anyway nobody knows canoes liabilities
Correct yet if you do some research on BTC. TOP they're up at 15% today Can you expand just picking up scraps as they were 2nd to market behind BTC. TOP in the last year And therefore have not actually been able to get the type of investment they want and this why they're moving to America as the investment money is striking up over there because everyone's afraid the Chinese government
What amount of P does canooe own?
? That is of the motives for canoe to be in America. They started 3 months prior to canoe and got big investors. Canoe picked up scraps all this year to get to where they are at. 100% parallel here. Big money now afraid to put more into mining in China . Ask canoe.
Tell us what you think about BTC. TOP and widely and hes going to do this in America Or email Canoe or shantou about it you will like their response
About time one way or another this becoming a bitcoin mining company
I dont think it really even matters if there's Mergeer at a minimum they can do a joint venture using Canoe know how and technology and santo's pods and tap the American market which is the primary goal
Smart move Canoe America has a goal of being the BTC. TOP of A0 to 15% hash rate in the last 11 months on the backs of investors Canoe has to leave China and do this in America merica Lee ang is very jealous of them
Has anyone here research BTC.top?
Canoe does want out of China can't blame them
In negotiations anyone want to talk about btc.top?
Nope but read my last 2
dd is king and that should be a sticky just to show what Canoe is paralleling in China. Li Ang knows BTC.top and is doing it in America, via SANP presumably.
Also, not ever seen 1 person on here yet talk about Canoe ownership. People here talk about 2 ticks up and 2 ticks down lol. Canoe owns about 30P hash, the rest of the working 150P hash today are people around the world in the pool. Canoe gets 2% to 4% of what they mine. Overall, Canoe is doing about 40 bitcoins per day today, but of that 40 they only own or get about 20% of 8 per day. The other 32 per day are split among the thousands who are in the pool. Canoe itself is doing about 8BTC per day in revenue or about 3000 per year or about $18M in revenue to keep it REAL here folks. With that said, Canoe has big assets in China that can house 50,000 antminers or 700P, but they do not own or have 50,000 antminers. They do have plans to own 50,000 as profits are used to buy more miners and thus realizing a full 700P hash to themselves. But that would take about $75M in investment to do.
At the end of the day, IMO, Canoe is up to about 30P hash it owns today, and based on massive profits, can get to 100P hash it owns soon. Base market value on that. That's about 10,000 bitcoins per year or $60M rev and $30M profit. PE 20, $600M or about PPS .08 here fully diluted.
Of course, if bitcoin goes to $10,000 its PPS .16 here and $20,000 is PPS .32
no, but the reality that Canoe is trying to emulate their friends at BTC.top is. From 0% hash to 15% hash in the last 10 months. Read the whole article. Talking about big blocks and how they created their business. Same as Canoe, which was founded just 3 months after BTC.top. Thing is, Canoe, as second mover, did not get the big Chinese investors, BTC.top did, to buy miners and grow the pool. This is the reason why Canoe wants to do this in America. And don't say it can't be done, BTC.top just did 0 to 15 percent in less than 2 year.
https://www.cryptocoinsnews.com/bitcoin-market-needs-big-blocks-says-founder-btc-top-mining-pool/
it just doesn't matter, Canoe wants out of China as its now going to be too hard to get big money invested there to buy more Antminers. Look at BTC.top, they literally started as a business last December and now are at 2000P hash...why, because they got many large Chinese investors to buy into the pool....that effort is not possible for Canoe in China, but it is in America.
it truly is crazy, you can buy 50,000 Antminers for about $75M. That is 700P of hash....which would be about 6% of total hashrate and getting about 120 bitcoins per day or about $250M in bitcoin revenue annually. Profit is up over 50% too. In china it costs about $740 to mine 1 bitcoin which sells for almost $6000 today. In America its probably closer to $2000 to mine a bitcoin but still 60% profit margin.
Everyone google BTC.top. They literally started as a pool last December, and have grown to about 2000P has and 15% of the market in just 10 months as Chinese investors bought Antminers and joined the pool.
Easily can see Canoe Pool America getting the funds to buy enough Antminers to get up to 10% of the total hashrate. That would give SANP upward of $1B in revenue per year if bitcoin stays at $6000. But some say bitcoin will be 25,000 plus in 2018
bitcoin making charge toward $6000 at this time jesus
https://bitcointicker.co/
Oh for sure canoe needs out of China they all do what investor is going to buy millions of antminers to put in a pool only to have the Chinese gov take them or restrict it's use as China debuts cryptoyuan? Canoe sought Santo folks not the other way. Li Ang is a forward thinker and wishes to protect miners interests he's on record many times saying. https://www.cryptocoinsnews.com/investor-predicts-bitcoin-price-to-hit-27k-in-four-months/