- 100 servers HAVE ARRIVED - MELY now wants 500 servers! - Facility has been obtained to expand to 500 servers
MONARCH BAY, CA--(Marketwired - Jun 25, 2014) - Microelectronics Technology Corporation (OTC Pink: MELY) (PINKSHEETS: MELY) previously announced it had ordered one hundred, 1TH/s BTC mining servers. The Company is pleased to announce it has received all one hundred servers and is currently in the process of deploying a portion of them to the data center in the Vancouver, Canada area.
The company has also been building out its own data center in Washington State which is anticipated to be operational July 11, 2014 or earlier. This facility, once completed and operational, will allow for the company to expand up to five hundred (500) BTC Mining Servers in one facility. Once this facility is operational the company will then apply all 100TH/s BTC Mining to the company's BTCpoolparty mining pool.
100 TH/s servers was 12 bitcoins per day, the company already said the new servers are 25% more powerful !
That's almost 12.5 bitcoins per day. X 90 days or (1 Quarter)
That's $7,500 revenues per day from only 100 servers
500 servers would be $37,500 per day!
3.375M revenues per quarter!!!
That's $13.5M per year !!
MELY will also be renting their servers and making much more revenues!
PPS once MELY is making $13.5M
P/E of 10
O/S is 1Billion
$13.5M divided by 1B = $ .0135 x P/E 10 = 13.5 cents per share!
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