MGTI Multi Billion dollar company in the making!
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MGT Capital Announces Additional Purchase of 500 Bitcoin Mining Rigs
PR Newswire
Sep. 1, 2017, 03:30 PM
DURHAM, N.C., Sept. 1, 2017 /PRNewswire/ -- MGT Capital Investments, Inc. (OTC: MGTI) announced today that it has increased its purchase order with Bitmain Technologies for an additional 500 S9 Antminer Mining rigs, with shipment expected in mid fourth quarter 2017.
Following shipment and setup, and in conjunction with the Company's current rigs in operation, MGT's Bitcoin mining operations are expected to generate approximate $1.4 million in monthly revenue, assuming current pricing and difficulty rates. Factoring in electricity, hosting and other direct operating costs, EBITDA from the Company's Bitcoin mining operations is projected at $1.0 million per month, prior to amortization of notes payable.
Funds for the larger order were provided in part through the exercise of an option today by an existing institutional investor to purchase a $500,000 MGT Convertible Note. Stephen Schaeffer, President of MGT Crypto-Capital Strategies, stated, "We appreciate the confidence of a well-informed investor to provide us with capital to more quickly roll out our expansion. Furthermore, we look forward to updating the investment community and shareholders with further progress."
Its on what a great update for shareholders!
$MGTI
Bitcoin surging
MGTI Cyber Security Privacy Juggernaut in the making..
MGTI leading Bitcoin Miners in North America & expanding...
$MGTI
MINING AND BEYOND
MGT has multiple locations with contracted, low-cost hydro-electric power in central Washington state. The operations are lead by Stephen Schaeffer, President of MGT Crypto-Capital Strategies. Our operational team is led by Robert Collazo and the Bit5ive Team. We are currently executing on our stated goal of becoming the preeminent crypto-mining enterprise in the United States. While the Company continues to ramp up its mining operations, its strategic partnership with Bitmain allows MGT to maintain a competitive edge in a rapidly expanding sector.
HIGHLIGHTS
As part of its corporate investment in secure technologies, MGT continues to grow its capacity for mining Bitcoin. Expanding on existing operations, the Company's facility in Washington state is one of the largest North American Bitcoin miners.
The size and power efficiency of our facilities will allow MGT to emerge as a domestic leader in cryptocurrency mining at an opportune time. With the growth in adoption of Bitcoin as well as the trending rise in the value of Bitcoin, mining is extremely profitable and allows the Company to return value to the shareholders.
This significant commitment to an in-house mining facility also prepares MGT for the increased processing demands of the many new Blockchain technologies on the horizon. As the demand for transaction processing grows, MGT will redirect its mining machines towards supporting other tasks on the Blockchain.
http://www.mgtci.com/content/vision/bitcoin/index.html
MGT maintains a strong working relationship with the senior management of Bitmain technologies. Bitmain is recognized as the industry leader in manufacturing of Bitcoin mining hardware. This strategic relationship affords MGT accessibility to Bitmain’s newest and most technologically advanced hardware.
$MGTI
Bitcoin 4850+
Bitcoin 5000k in the coming hours
5000k-10,000k will happen in a blink of an eye.
MGTI will be double digit dollars in the next couple weeks if not sooner..
$MGTI
Best is yet to come.
This is only the beginning.
$100.00+ is coming you can make book on that!
MGTI is lightening in a bottle..
$MGTI
Bitcoin Will Hit $1 Million in 5-10 Years, Says PayPal Director
Samburaj Das on 23/05/2017
Wences Casares, CEO of bitcoin wallet Xapo and member of PayPal’s board of directors has made a compelling forecast on bitcoin’s value over the next decade.
The bitcoin entrepreneur and executive was speaking at the Consensus 2017 conference in New York. Taking the stage at a dinner organized by bitcoin and blockchain advocacy group Coin Center, Casares’ speech was quite the hit.
While we did not attend and are unable to find a video of the talk, there are a few notable takeaways from scatterings of his speech reported online. Putting bitcoin under the spotlight, Casares opined that “the internet doesn’t have a currency and it desperately needs one”, pointing to the world’s most popular cryptocurrency.
“The biggest mistake [would] be to buy more bitcoin than you can afford to lose. The biggest mistake is [also] not to own any bitcoin,” he told the gathered audience.
“Put 1% of your net worth in Bitcoin and forget about it for 10 years” Casares added, baiting new investors to adopt the cryptocurrency.
His speech also included a prediction for the cryptocurrency, where one bitcoin would hit $1 million before the next ten years.
Whoa. PayPal guy & @xapo @wences : only buy the #bitcoin you can afford… and predicts it will hit $1 million in 5-10 yrs #consensus2017
Whoa. PayPal guy & @xapo @wences : only buy the #bitcoin you can afford... and predicts it will hit $1 million in 5-10 yrs #consensus2017
— SusanPoole (@BitCoinSusan) May 23, 2017
Bitcoin Price Might Exceed $1 Million, More Millionaires in World Than Bitcoins
93637 Total views 2739 Total shares
Bitcoin Price Might Exceed $1 Million, More Millionaires in World Than Bitcoins WHEN MOON
While sources differ on the number of millionaires in the world, Credit Suisse estimates the number at about 35 million. This figure accounts for all “financial and nonfinancial wealth,” including assets, collectibles, and homes.
This is a remarkable number when compared to the total number of Bitcoins that will ever exist. While there are roughly 35 million millionaires in the world, there will only ever be a maximum of 21 million Bitcoins. That’s right--there will never be enough Bitcoins in existence for every millionaire in the world to own even a single one.
Why is Bitcoin valuable?
While you let that thought sink in, let’s consider what gives Bitcoin its value. Granted that there are numerous features we could cite, including a global network, an immutable Blockchain and a means to transfer wealth from one person to another without ever involving a middleman.
These are all fine features, to be sure. But what really makes Bitcoin valuable are two properties: scarcity and authenticity.
Digital scarcity
Bitcoin has value for the same reason gold has value: people want it and there isn’t enough to go around. New gold can’t merely be created; one has to find a gold mine and go through the difficult, capital-intensive and expensive process of mining and refining the gold. Because neither governments nor factories can create more of it, gold is scarce. This scarcity imparts value.
Many unusual items have been used as currencies or stores of value in earlier societies. One of the more famous is wampum, a necklace made from a certain kind of seashell that was rare in the Americas. A currency doesn’t necessarily have to be inherently useful in order to function, but it absolutely must be scarce.
This requirement for scarcity is the reason counterfeiting has such severe penalties. In fact, in earlier times, counterfeiting was punishable by death. Counterfeiters undermined confidence in a currency by making it less scarce. Doing so, at scale, could wreck an entire economy.
Authenticity
Gold has another feature that’s extremely important for any store of value or currency: authenticity. For millennia, gold has been used as both a currency and as a store of value. It has been prized throughout its history because of its scarcity. Gold has been used in money, in jewelry, in crowns and in palaces. Gold is universally associated with wealth.
Since Bitcoin lacks the thousands of years of history, culture and tradition that impart so much value and mystique to gold, it's easy to write the currency off as inauthentic.
But in a world that's rapidly moving from analog to digital, even a "new" technology like Bitcoin can be authentic. When it comes to digital money, Bitcoin certainly fits the bill. Of the thousands of different tokens that label themselves “digital currency,” Bitcoin is the very first. That grants it an important claim to the property of authenticity.
There are many great altcoins, but none of them were first. None of them can reasonably claim to be the best. None have a higher market capitalization. Bitcoin is the first, has the largest network effect, is the most universally recognized and is authentic.
Asset or currency?
As Bitcoin inches toward mainstream adoption, economists and finance experts debate whether it’s an asset or a currency. In terms of valuing Bitcoin, that argument couldn’t be more irrelevant. It doesn’t matter how people use Bitcoin; what matters is why people choose to own it.
Bitcoin’s future
The future of Bitcoin is almost certainly a bright one. Various analysts and traders have tried to guess the value of Bitcoin in the future, with some saying it might even reach $15,000 in the near term.
But forget about the near term. If Bitcoin is digital gold, then its long term value is what really matters. Bitcoin is rare. Bitcoin is scarce. The vast majority of people don’t own even a fraction of one.
What’s Bitcoin’s long-term potential? Bitcoin could easily become so valuable that even millionaires can’t afford an entire coin.
$MGTI
MGTI is the single best investment one can make right now to create massive wealth for oneself.
Good for the ones that accumulated today and yesterday.
We will have milestone updates and the mother load of short squeezes that will launch MGTI 200-300% in a single trading day. I know whats coming..
Big money from all over the tech world is accumulating the hell out of this stock.
The march to a $100 will be here sooner than later. You can make book on that!
$MGTI
Strong close!
I don't lose!
Added 15K today Thank you
$MGTI
With all the uncertainty domestically and Internationally I honestly Believe Bitcoin will hit 100k a coin sooner than later. MGTI will be a multi hundred dollar stock on that alone. With the Secure Privacy phone and Sentinel and People in the know realize MGTI is the next VRSN and CHKP in the making. And the scarcity if Bitcoin the price surge to hundreds of thousands to a million a coin is coming..
https://www.cryptocoinsnews.com/bitcoin-will-hit-1-million-5-10-years-says-paypal-director/
https://cointelegraph.com/news/bitcoin-price-might-exceed-1-million-more-millionaires-in-world-than-bitcoins
http://www.mgtci.com/products.html
1.Bitcoin Mining
2.Secure Privacy Phone.
3. Sentinel
$MGTI
Bitcoin 4900 coming
MGTI $10.00+ in the coming weeks.
$MGTI
Tuesday Morning 5000+ Bitcoin
Privacy Secure Mobile Phone.
Sentinel Anti Hacking Cyber Security.
Largest Bitcoin Miner in North America.
Whats 12000 Bitcoins in 2020 going to be worth if there 50k do the math. We have a multi Billion dollar market cap.
Block Buster Potential on MGTI Secure Privacy Phone and Sentinel.
This is a combination of CHKP VRSN and AAPL in the making.
http://www.mgtci.com/products.html
$MGTI
This will be a $200 stock by 2020..
$MGTI
Bitcoin 4845+
Bitcoin 5000k-10,000k will happen at exponential speed...
MGTI great Bitcoin play they will be sitting on about 12000 Bitcoins By 2020
Privacy Phone will be a blockbuster Product. Pre Orders Sold out.
Sentinel will be a game changer..
Cyber Security/ Privacy Phone/ Bitcoin Mining Multiple revenue streams..
Scarce amount of MGTI shares just like Bitcoin
$MGTI
Bitcoin Price Might Exceed $1 Million, More Millionaires in World Than Bitcoins.
https://cointelegraph.com/news/bitcoin-price-might-exceed-1-million-more-millionaires-in-world-than-bitcoins
Each share of MGTI is my way of owning digital currency plus you have Billion plus golden potential on the Cyber Security Divisions....
1.Privacy Phone Pre Orders sold out! will disrupt the market.
2.Sentinel Cyber Security anti hacking products.
3.Bitcoin Mining Leading Bitcoin Miner in North America.
http://www.mgtci.com/products.html
$MGTI
Sentinel Product Release this month Huge
http://www.mgtci.com/content/products/sentinel/index.html
HACKING IS ON THE RISE
For most organizations, the reality is that hackers are already on your network. Sentinel is a system that detects hackers as they probe throughout your network in an attempt to further their infiltration and identify attractive targets.
the diversity and the blockbuster potential the wide array of product lines and diversification is a Incredible..
Its a comb of VRSN CHKP and AAPL all wrapped into one with the Bitcoin Hedge Being one of the largest Miners in North America. Third Facility will be opened in October 1300+ Mining machines and growing now..
$MGTI
Bitcoin Will Hit $1 Million in 5-10 Years, Says PayPal Director
https://www.cryptocoinsnews.com/bitcoin-will-hit-1-million-5-10-years-says-paypal-director/
His speech also included a prediction for the cryptocurrency, where one bitcoin would hit $1 million before the next ten years.
Whoa. PayPal guy & @xapo @wences : only buy the #bitcoin you can afford… and predicts it will hit $1 million in 5-10 yrs #consensus2017
$MGTI
MGTI Privacy Mobile phone is going to give the people a secure mobile phone that people have been waiting for.
http://www.mgtci.com/content/products/pphone/index.html
Pre orders SOLD OUT!
Keen Investment minds are starting to figure out that MGTI is the next VRSN CHKP and AAPL in the making....
http://www.mgtci.com/products.html
Double Digit Dollars in the coming weeks
$MGTI
When the stock is over a $1.00 I got plenty adding at these levels!
$GOVX
Savvy investors are backing up the truck! And loading it up!
$MGTI
Smart money accumulating for life altering gains!
$MGTI
I have never seen such desperation by the shorts.
This is will be over $10.00+ soon
Cyber security revenue
Privacy phone which will be instrumental in making block chain transactions and people not worrying about there lives being ruined by hackers!
12000 Bitcoins by 2020 that's over 120 million if Bitcoin is 11k
This guy is a genius he sold his last company for 7 Billion to Intel.
He has three blockbuster game changing divisions and products that are going to make investors rich!
This will be a multi hundred dollar stock especially of Bitcoin climbs to 50k-100k which is going to happen a sooner than you think.
Know what you own!
$MGTI
Shorts are so desperate there toast I guarantee it!
$MGTI
$3.50-4.50+ Close today you people that sold will be sorry!
$MGTI
Shorts are going to get blindsided causing a massive short squeeze! Watch!
$MGTI
People will be chasing soon and paying a hefty premium
MGTI shares are scarce just like Bitcoins.
Positioning to become the leading Bitcoin miner in the world.
MGTI Sentinel being released in the coming weeks.
MGTI secure phone will be released early 2018 pre orders SOLD OUT!
$MGTI
http://www.mgtci.com/content/vision/bitcoin/index.html
Largest Bitcoin Miner in North America
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http://www.mgtci.com/content/products/sentinel/index.html
HACKING IS ON THE RISE
For most organizations, the reality is that hackers are already on your network. Sentinel is a system that detects hackers as they probe throughout your network in an attempt to further their infiltration and identify attractive targets.
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http://www.mgtci.com/content/products/pphone/index.html
((This cell phone in the link above is going to disrupt the whole mobile phone industry Pre orders are sold out!))
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39 Million shares a third held by insiders
The last company was sold for 7 Billion to Intel in 2010
Double Digit Dollars coming shortly..
VRSN 10 Billion Market Cap
CHKP 18 Billion Market Cap
AAPl 825 Billion Market Cap.
MGTI 115 Million Market Cap
MGTI
2.5 Million Market Cap Million in cash and 68 Million shares it will skyrocket sooner than later.
Deep pipeline 11 Vaccines and counting...
https://www.geovax.com/clinical-pipeline.html
GOVX 2.5 Million market cap
MYMX 20 Million market cap
NVAX 308 Million market cap
GOVX
I guarantee MGTI Closes Green today..
$MGTI
The Bulls will prevail.. People are getting taken for there shares....
Leading Bitcoin Miner Privacy Secure Mobile Phone and And Anti Hacking products.
The last company the founder started sold for 7 Billion to Intel in 2010
Smart Money accumulating MGTI..
$MGTI.
Fortunes will be made in MGTI This will be n exponential quantum run never seen before like the price acceleration of Bitcoin
MGTI is a hedge against the market now with its Bitcoin Hedge..
http://www.mgtci.com/content/vision/bitcoin/index.html
$MGTI
Bitcoin 4815+
MGTI shares are scarce just like Bitcoin About 25 Million MGTI shares insiders own over a third of the shares. 21 Million Bitcoins total
https://cointelegraph.com/news/bitcoin-price-might-exceed-1-million-more-millionaires-in-world-than-bitcoins
MGTI is a multibillion dollar company in the making...
$MGTI
http://www.mgtci.com/content/products/pphone/index.html
IN TOMORROW'S WORLD, PRIVACY IS THE NEW DESIGN
Introducing the world's first smartphone featuring hard kill, air-gapped switches.
With Block chain becoming streamlined into society a Secure Privacy Phone will send shock waves through out the market and disrupt it. The MGTI Privacy phone is Sold on Pre Orders
$MGTI
12000 Bitcoins on balance sheet in just a few years from now.
MGTI Mining 285 Bitcoins a month
MGTI Mining 855 Bitcoins a quarter
MGTI 36 Months from now the company will have 12000 Bitcoins on the balance sheet at 10k a Bitcoin which I think is conservative would be 125 Million worth of Bitcoins
$MGTI
People are get there shares stolen this will close green today!
$MGTI
MGTI Privacy phone will disrupt the mobile phone industry. block chain kill switches.
http://www.mgtci.com/content/products/pphone/index.html
$MGTI
SENTINEL OVERVIEW
How Sentinel Empowers IT Professionals
Every day hackers are growing more sophisticated. Organizations are vulnerable, and the old-world model of reactive security is not equal to the challenge. Sentinel offers corporate networks another layer of protection that complements their existing Firewalls, Intruder Detection Systems and Antivirus solutions.
Sentinel features a new approach towards monitoring network traffic that outpaces every other approach in the industry. The system, composed of a passive hardware device connected to each subnet, monitors network traffic for suspicious activity using sophisticated algorithms, generating an alert and deploying countermeasures when triggered.
After a hacker has compromised one device on your network, they will attempt to break into as many servers, computers and devices as they can. Sentinel actively monitors network traffic directed towards it as well as other types of broadcast traffic that can be used to detect these attacks.
When attackers scan your network, Sentinel appears to be low hanging fruit, attractive targets that will be easy to hack and exploit. Attempting to scan or hack sentinel will result in the administrator getting an alert via text message and email. The administrator can then secure genuine resources on the network and use the Sentinel logs to determine what computers, services or devices a hacker has control over.
Sentinel mitigates risk by greatly reducing the time a hacker has to operate inside protected networks, planting malware and stealing data. Using the information collected by Sentinel, the IT staff/administrators can take the appropriate action to determine the scope of the intrusion and resolve it in a quick and concise manner. This Anti-Hacking system allows organizations, for the first time, to take a proactive rather than a reactive approach to cybersecurity.
Sentinel Release September 2017
$MGTI
Sentinel is going to be released this month. This is a multi blockbuster product company in the making.
http://www.mgtci.com/content/products/sentinel/index.html
HACKING IS ON THE RISE
For most organizations, the reality is that hackers are already on your network. Sentinel is a system that detects hackers as they probe throughout your network in an attempt to further their infiltration and identify attractive targets.
$5.00 Today MGTI will have 12000 Bitcoins on balance sheet in just a few years from now.
MGTI Mining 285 Bitcoins a month
MGTI Mining 855 Bitcoins a quarter
36 Months from now the company will have 12000 Bitcoins on the balance sheet.
a 10k a Bitcoin thats about a 125 Million
$MGTI