Wednesday, December 20, 2017 3:54:26 PM
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.
I am stupid, do not pay attention to me or my posts...do not make buying or selling decisions based on my banter at all ...I am a negative person by nature and at best an amature investor. Hope everybody makes money here.
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