ATLEF...Atlas Cloud Enterprises (OTCPK:ATLEF
01/12/2018 ATLEF $0.93 -0.06 -6.42%
Atlas Cloud Enterprises Inc
52 Week Range0.00 - 1.08 Market Cap.
I've asked StockCharts.coM to make a chart...
There is more about ATLEF on the Speculation Board in the BitCoin section at top of Intro page... https://seekingalpha.com/article/4135380-atlas-cloud-new-promising-blockchain-data-mining-insider-tip
Data Miners are the backbone of any blockchain.
Atlas Cloud has extremely low energy costs.
Successful acquisition of MKH Electric City Holdings.
As expected, the crypto and blockchain hype is spreading around the whole planet. Driven by the spectacular rise of Bitcoin and numerous Altcoins, the market capitalization of all cryptocurrencies has skyrocketed to nearly $ 700 billion in just a few months. Many exchanges are currently no longer able to open new trading accounts due to the enormous customer rush. At the same time, the trend is now crossing over to the classic stock exchanges, as more and more highly interesting and promising business models and young companies are coming onto the market. In particular, the so-called crypto-miners or data miners promise a very lucrative business model, because someone has to mine the new coins and enter the numerous transactions into the respective blockchains. Backed by the exploding cryptocurrencies, this "data mining" is and remains extremely profitable (especially in fiat money).
Data miners are the backbone of any blockchain as they solve cryptographic problems to verify transactions. The purpose of blockchains is to provide internal incentive structures so that they organize themselves decentralized. In order to do this, the miners are paid small fees after verifying the transactions. By verifying the transactions by the miners, the data blocks can be attached to the respective block chain. The respective cryptocurrency is then distributed to the miners as a reward for performing this computationally intensive task. The mining efficiency can be controlled by optimizing the respective ASICs server. Changes in facility hash rate, power capacity, and temperature directly affect the success rate. With an experienced management, mining can be targeted to supply and demand. Also, the higher the price, the more miners are active on the blockchain, which in turn results in a higher network hash rate. https://seekingalpha.com/symbol/ATLEF/chart ATLEF
Atlas Cloud Enterprises