Wednesday, April 25, 2018 11:41:11 PM
" So where do you guys see this stock going? "
uP,uP,uP, like all of cryptocurrency. Take a look at the 2nd qtr. financial
report released today. Also, they more than doubled their rig count as well. Many things are coming together here. "Total Company assets increased to $38,278,744 as of February 28, 2018 from $4,405,916 at November 30, 2017."
The Company expects the additional 5,000 rigs will be fully operational by the end of June 2018. This will be added to the 4,870 rigs that HashChain has already purchased and committed pending its recent announcement of the acquisition of a company with 1,000 Rigs, bringing total rigs to 9,870, which is the equivalent of approximately 15 megawatts.
Based on 770 Rigs currently operating, the Company mined 27.92 Bitcoins in 38 days of operations, equivalent of .735 Bitcoin per day and has not exchanged any Bitcoin into Fiat to date. According to coinmarketcap.com on April 25, 2018, Bitcoin was valued at CAD $11,737. The mined value of Bitcoin at that price equates to CAD $327,697 over 38 days for the Company which is the equivalent of CDN $11.20 per day per Rig.
$11.20 per day x 9870 = over 10 million next quarter. That is some growth!!!
Be courteous to all, but intimate with few, and let those few be well tried before you give them your confidence. -G. Washington
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