Saturday, December 02, 2017 6:40:22 PM
I wanna make one thing known to all ppl who are un familiar with cryptocurrencies and mining. I don’t do it my self but I understand how it works. When a “mining company” says it mining for cryptocurrencies. They aren’t just doing it for bitcoin. The market cap for all cryptos is 329,998,038,591$
https://coinmarketcap.com/charts/
So yeah bitcoin is a good base but so is the whole crypto market. And the merging company owns 22,000 bitcoin. Wonder how much ethereum they own and how much other cryptos they hold. This could be the reason most penny mergers are taking so long. They have to make sure they audit all “assets” accordingly. IMO
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