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This is a good play. We will hit dollar in two years. Keep buying, we might own the O/S soon.
OTTV
I guess it was superstitious to think that someone can influence this bull stock like SANP!
Thanks for the T/A Clay!
SANP $$$$$$$$ SANTOCASH
Wow! That’s THE realistic sh$t ever I heard here.
SANP $$$$$$$ SANTOCASH
SANP SantoCash $$$$$$$$$$$$
Don’t worry we are good. Plus this gives me more time to have enough money for two lifetimes. And I’m very serious. I’m buying the dip, before the rip.
SANP $$$$$ SANTOCASH
Ya SANP $$$$$$$$ SANTOCASH
SANP $$$$$$$ SantoCash
It was all a dream
SANP $$$$$$$ SANTOCASH
Awesome
SANP $$$$$$$$ SANTOCASH
Very very true. Awesome.
SANP $$$$$$$ SantoCash
Wow I never thought of it like that.
Great post.
SANP $$$$$$$ SantoCash
SANP
On November 17, 2017, the Company received 12 high-end Cryptocurrency processing
servers from Canoe Pool under the terms outlined in its MOU with Canoe Pool. These
processing servers are preconfigured for Bit Coin mining and related processing. The
Company is currently conducting Research and Development with these units while
Canoe Pool is enhancing its software to enable transaction and encrypted storage
functions for BitCash. BitCash is alternative to Bitcoin, which enjoys greater payouts to mining pools and does not share the same volatility of Bitcoin. Canoe Pool expects to
begin BitCash mining on December 20, 2017.
The Company is conducting its Research and Development activities on the servers to among other purposes to optimize processing power while improving electric power
consumption reduction of ambient sound. Each unit has potential to process up to 12
TeraHashes, preliminary results led to the Company ordering 75 additional units.
The company is analyzing the rental of colocation data space versus developing
container pods to house units to mining crypto currencies. Availability of cost efficient
electricity is a major factor in determining where the company will locate the mining
systems.
SANP $$$$$$ SANTOCASH
On February 15, 2017 the Company held its year end 2016 Board of Directors meeting
and unanimously voted to explore other business opportunities outside the lifestyle
brand marketing and sales.
An exploratory business venture in co-working space development for the Cannabis
Industry led to PODWERKS with the Company preparing for the delivery of its first set
of fully outfitted growing units during the second quarter of 2017.
PODWERKS
Podwerks is a co-working space for cannabis entrepreneurs in the United States,
providing the necessary framework to grow, market, and sell all cannabis related
products. The aim is to create a sustainable and community driven workspace by
providing an affordable, scalable and a safe business environment for our clients.
All Podwerks spaces will feature three of units: growing and drying pods, fully furnished
office space pods and retail space pods
Podwerks spaces will be located in urban designated zones permitting the commercial
cultivation, and sales of cannabis related products. Each site will have an average of
ten modified steel shipping container pods with an onsite manager overseeing day-today
operations. Working with local and state agencies, Podwerks container pods will
comply with all building code requirements to ensure the safety of our tenants.
As a modification of the Podwerks concept the Company will offer Pods under a
brokerage arrangement rather than directly engage in the taking components into
inventory and managing assembly and shipment of finished units. This approach gives
management greater flexibility in finished unit configuration and helps extend the
product offerings to other industries such as crypto currency mining.
The management team’s recent experience in China led to a memorandum of
understanding (“the MOU”) with Chongqing Yuhuan Technology Co. LTD’s
Cryptocurrency mining operation Canoe Pool to explore opportunities in the fast
growing Cryptocurrency markets. In addition to extending the Podwerks concept to fully
outfitted mining units, the Company intends to engage in Cryptocurrency related
business in the US under a license or royalty arrangement with Canoe Pool.
The MOU among other matters offers the Company to acquire high-end processing
servers at pricing significantly below market prices in the US. The processing units are
preconfigured to service the Cryptocurrency market for processing the transactions in
the global Blockchain ledger among other similarly encrypted data streams and storage
functions
SANP $$$$$$$ SantoCash
You know he’s doing business with China business men, they don’t leak information like we do in America. Hopefully, we get info soon.
SANP $$$$$$$$ SANTOCASH
Good Luck, DJ.
SANP $$$$$$$ SANTOCASH
Very insightful.
SANP $$$$$$$$$ SantoCash
SANP $$$$$$$$$$ SANTOCASH
Bitcoin Mining Uses More Power Than Most African Countries
21957 Total views 634 Total shares
Bitcoin Mining Uses More Power Than Most African Countries MINING
Mining is the lifeblood of Bitcoin but like any industry, it consumes power to unlock the precious virtual currency.
There are massive mining operations around the world and they are bound to be more popping up in the next few years as Bitcoin and other cryptocurrencies continue their path into mainstream acceptance.
As it stands, Bitcoin mining is a lucrative operation. With the price over $11,000, there is a lot of money to be made. Like any factory, mining rigs use electricity. A lot of electricity.
According to UK based company Power Compare, the surge in Bitcoin price has directly influenced the demand on power supply.
Citing Digiconomist, the combination of Bitcoin and Bitcoin Cash’s estimated annual electricity consumption has climbed to 31 terawatt-hours. They also estimate that Bitcoin mining generates $9.7 bln a year.
They have developed their own Bitcoin Energy Consumption Index, which has provided the most recent data driving these insights.
Key Network Statistics
Bitcoin and Bitcoin Cash mining is using a total of 0.13 percent of the global energy consumption - which ranks the combined mining operation as the 61st highest power consumer in the World.
Interestingly, but not surprisingly, the power consumption of Bitcoin mining in November increased by nearly 30 percent - no doubt linked to the massive bull run.
If the demand for electricity caused by mining continues keeps at its current rate - mining will consume all of the world’s electricity supply by 2020.
As it stands, Bitcoin mining uses more power than most African countries - as shown in Power Compare’s illustration below.
Bitcoin map SANP $$$$$$$$$
Awesome
SANP SANTOCASH $$$$$$$$
Santo plus Canoe Pool = I’m rich B$tch
SANP SANTOCASH $$$$$$$$$$
SANP SANTOCASH 40k BITCOIN 2018
It was all a dream. Now I’m in BITCOIN magazines.
SANP SANTOCASH $$$$$$$)$$
SANP up and running EOY.
SANP $$$$$$$$$)
SANTOCASH I’m rich B$tch.
SANP $$$$$$$
ETF Bitcoin this Sunday. Awesome.
SANP SANTOCASH $$$$$$$$
Yup. We will be laughing all the way to the Bitcoin ATMs soon.
SANP SANTOCASH $$$$$$$$
SANP SANTOCASH
It’ll be a great investment. Bitcoin going to $40k in 2018 as predicted.
SANP SANTOCASH
Mr. Matthew Arnett, Vice President of Santo Mining stated: “The directors of both companies are in regular open dialogue and have undertaken significant preparation to complete phase one. Our goal is long-term shareholder value; this will be done by ensuring that each company has a clear understanding of capital resources, market knowledge, technical innovation to better deliver superior mining blockchain payouts for the pool and its members.” Additionally Mr. Li Ang, CEO of Canoe Pool stated: “We were so excited to meet with Matt Arnett in Chengdu on November 14th 2017. Together we are developing what we hope to soon be the world's best and biggest Bitcoin Cash Pool. We are committed to building the Americas with Santo who is our most vital and strategic partner. Our first priorities is building the Americans pools hash rate and mining capacity. We want to invite all Americans to join the movement-revolution.”
SANP SANTOCASH
The third phase will be intended to assess current business facts and leverage the knowledge gained over the past half year of Canoe Pool America mining operation to capture any material value-enhancing opportunities in preparation and approval of a joint venture between both companies.
SANP SANTOCASH
The second phase will be the development of Bitcoin Cash BTH mining pool management server for the mining of Bitcoin Cash BTH by Canoe Pool America; the ETA is middle to end of Q1 2018. Bitcoin Cash is a new hard fork and this fork has a change to the decentralized currency’s consensus rules and aims to upgrade the network’s Difficulty Adjustment Algorithm (DAA), making mining much faster to achieve rewards.
SANP $$$$$ SANTOCASH
The meeting focused on developing a three-phase approach to the cooperation between both companies. The first phase is the development and implementation of Canoe Pool America’s Pool management system. Which is currently moving ahead as planned. This consists of the development of a Bitcoin BTC mining pool management software server for mining hardware systems owned and operated by Canoe Pool America and independent miners to be managed by Canoe Pool America. This mining pool management software is for the tracking and payout among other management controls of mined Bitcoin BTC blockchains. The ETA of completion is year-end 2017. Currently the Company has shipped 10 systems that will arrive between 7 to 10 days. The systems are 4-E9, 2-BlackTigerSharks, 2-Bitmain S9 & 2-Ebang; once arrived in America our CTO Mr. Bansbach will be doing beta testing on power consumption, heat dissipation & hash mining time rate, including synchronization of the mining pool management software. Once we have establish a baseline, we will move forward in the initial purchase order of 100 to 200 machines for the Canoe Pool America mining location, to be announced in the very near future. The goal is to have over 2,000 owned and operated hardware mining systems, by today's Bitcoin BTC value the monthly profit for each mining system is between $380 to $420.
Absolutely. They dump shares and buy them back from their affiliates. They play on investors intelligence and the reputation of IFXY. Smack ask 2 min before the market ends and see what happens.
IFXY $$$$$$$$
True. If anyone is going to buy more shares, wait to the last 2 min before market closes. That’s when the manipulators will dump shares. And bring the share prices down. JMO
SANP $$$$$$ SANTOCASH
Awesome. Maybe start to see some gains.
SANP $$$$$$$ SANTOCASH
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Ya they got a hard on for SANP. I wonder what they did to them.
SANP $$$$$$ SANTOCASH
Hey Guys, don’t mean to interrupt, but OTTV IS ABOUT TO BOOOM!
The volume is increasing
I concur DJ. If news doesn’t hit today, it would be next week. He’s an experienced CEO, no news on Friday.
SANP $$$$$$$$ SANTOCASH
Absolutely, I’m not hard up for cash. This baby is in its infancy. And we are the caretakers. I’m so excited right now. Just off of my on DD. Crazy.
SANP $$$$$$ SANTOCASH