BTCS Inc (BTCS)

[pie777]

BTCS was mining bitcoins. - Yes.

Take a look at the cash flow from operations up to Q-1 2016.

2014 - loss of 1.1 million.
2015 - loss of 796 K
q-1/16 loss of 354 K

BTCS was on their way to becoming profitable with less losses each quarter, which had they keep going in that direction might have made it past the halving of bitcoin, without spondoolies giving up, and filing for bankruptcy.

If BTCS cannot find a big backer to mine bitcoins, and ethereum then should be out of mining, and doing proof of stake, and develop wallets for transaction fees. The digital manufacturing facility could be converted as a type of exchange with wallets to help the other 3 thousand cryptocurrencies out there, and become a major player, and backbone for the blockchain.

One could easily imagine Visa, Mastercard, Chasecard buying up cryptocurrency wallets once they feel the competition these wallets will bring to the economy.