Followers | 39 |
Posts | 2467 |
Boards Moderated | 0 |
Alias Born | 02/09/2010 |
![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Friday, December 22, 2017 2:01:44 PM
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
18 3105 NW 107th Ave. Suite 400 Doral, FL 33172 * 844-420-4203
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.
Recent SANP News
- Form 10-12G - Registration of securities [Section 12(g)] • Edgar (US Regulatory) • 02/01/2024 09:55:44 PM
- Form RW - Registration Withdrawal Request • Edgar (US Regulatory) • 01/31/2024 10:11:21 PM
- Form 10-12G/A - Registration of securities [Section 12(g)]: [Amend] • Edgar (US Regulatory) • 01/19/2024 09:46:51 PM
- Form 10-12G/A - Registration of securities [Section 12(g)]: [Amend] • Edgar (US Regulatory) • 01/11/2024 09:59:33 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/14/2023 05:27:38 PM
- Form 10-12G - Registration of securities [Section 12(g)] • Edgar (US Regulatory) • 12/05/2023 06:30:59 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/12/2023 03:39:09 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/06/2023 05:03:49 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/04/2023 02:24:15 PM
- Strategic Joint Venture Signed by Santo Mining Corp. and Planta Vida S.A.S. • InvestorsHub NewsWire • 10/03/2023 07:00:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 07/12/2023 04:46:55 PM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM
ECGI Holdings Announces LOI to Acquire Pacific Saddlery to Capitalize on $12.72 Billion Market Potential • ECGI • Jun 13, 2024 9:50 AM
Fifty 1 Labs, Inc. Announces Major Strategic Advancements and Shareholder Updates • CAFI • Jun 13, 2024 8:45 AM