ATLEF...recent IPO stock...
6 Reasons Atlas Cloud Enterprises Will Change The Landscape For Cryptocurrency Mining
1. With the recent acquisition of MKH Electric City Holdings, Atlas Cloud Enterprises (OTC:ATLEF) has now secured a 6,600-sq./ft. facility in Washington State. Roughly 1,700 ASIC servers can be used for data mining.
2. Unlike other mining-based companies, Atlas Cloud Enterprises (OTC:ATLEF) (CSE: AKE) was able to secure by far the cheapest electricity price access of all “miners” in the state of grand-cooley-damWashington at just under 3 cents per KW/h. Just to put this into perspective, the average price people in the U.S. pay for electricity is about 12 cents per kilowatt-hour; that’s FOUR TIMES the price of what Atlas will pay for large scale mining operations! This is by far one of the biggest advantage. Atlas Cloud Enterprises (OTC:ATLEF) (CSE: AKE) (XFRA: A49) has flipped the model in its head by essentially becoming their own power company and generating power at wholesale prices.
3. Location, Location, Location The Atlas facility is just a few miles from the dam and because of its favorable location Atlas Cloud Enterprises (OTC:ATLEF) has an opportunity to benefit considerably from the extremely cheap power supply. At this single location, Atlas Cloud Enterprises (OTC:ATLEF) (CSE: AKE) (XFRA: A49) has direct access to upwards of 3 megawatts amount and provided by the Department of Public Utilities in Grant County. The supply can easily be upgraded to 5 megawatts, which ensures considerable scalability for future growth. In addition to the infrastructure, the moderate climate with its low salt content enables optimal drying and cooling technology of the mining farm.
4. Considerably Smaller Market Cap Than Its Competition The share capital structure of Atlas Cloud Enterprises is nothing like anyone has seen in the cryptocurrency arena! At current levels Atlas Cloud Enterprises is much lower than many of its competitors. Even with the amount of capital raised for operations over the last few months, the majority of shares & warrants from fundraising efforts have a lock up period, which makes for a huge advantage for those watching Atlas Cloud Enterprises at the ground floor. This means that revenue production compared to market cap and EBITDA could potentially be at such an undervalued level, Atlas Cloud Enterprises will be well positioned to buid sound shareholder value.
Let’s also talk specifically about the amount of money being raised right now as not any company can come out and start raising tens of millions of dollars without having real potential. In fact, Atlas Cloud Enterprises has recently raised $14 million!
5. Diversification Of Mining Much of the competition that Atlas Cloud Enterprises has will focus on mining single style tokens, which has mainly been bitcoin. The Atlas approach will be different and more diversified. The company has clearly stated that it will be 70% dedicated to Bitcoin with 30% available for switching to mine most profitable alternative coins. With excellent infrastructure and access to additional property in Washington State, the expansion potential could monumental.
6. The McDonald’s Approach
Think of this for just a moment, the fast-food chain McDonald’s sells burgers and fries but their real business is in real estate. Their approach is simple, own the land, tools, and buildings that they lease to franchisees, collect rent, royalties, and opportunity to resell the land later on for additional revenue.There could be a huge opportunity for Atlas to not only save thousands if not millions of dollars in underlying operating costs for mining but it could also present an opportunity for the company to actually resell their power! At $0.03 per KW/h, Atlas Cloud Enterprises could charge 100% markup and still save average Americans 50% on the cost of power!
Atlas Cloud Enterprises (OTC:ATLEF) (CSE: AKE) (XFRA: A49) is far more than just another cryptocurrency mining company and the street has just started to see this as a ground floor opportunity. Atlas Cloud Enterprises (OTC:ATLEF) has just begun to trade in the US and what has happened with other cryptocurrency stocks could be the writing on the walls for what’s to come. Keep in mind that it is harder to compare Atlas to these companies for the sheer fact that its largest cost, power, is more than 50% lower in some cases than its immediate competition.
ATLEF...CryptoCoin mining...
StockCharts.com made a chart for this in less than a week...fast...
I like this stock...looking for a good entry...try to not chase price...
6 Reasons Atlas Cloud Enterprises Will Change The Landscape For Cryptocurrency Mining
1. With the recent acquisition of MKH Electric City Holdings, Atlas Cloud Enterprises (OTC:ATLEF) has now secured a 6,600-sq./ft. facility in Washington State. Roughly 1,700 ASIC servers can be used for data mining.
2. Unlike other mining-based companies, Atlas Cloud Enterprises (OTC:ATLEF) (CSE: AKE) was able to secure by far the cheapest electricity price access of all “miners” in the state of grand-cooley-damWashington at just under 3 cents per KW/h. Just to put this into perspective, the average price people in the U.S. pay for electricity is about 12 cents per kilowatt-hour; that’s FOUR TIMES the price of what Atlas will pay for large scale mining operations! This is by far one of the biggest advantage. Atlas Cloud Enterprises (OTC:ATLEF) (CSE: AKE) (XFRA: A49) has flipped the model in its head by essentially becoming their own power company and generating power at wholesale prices.
3. Location, Location, Location The Atlas facility is just a few miles from the dam and because of its favorable location Atlas Cloud Enterprises (OTC:ATLEF) has an opportunity to benefit considerably from the extremely cheap power supply. At this single location, Atlas Cloud Enterprises (OTC:ATLEF) (CSE: AKE) (XFRA: A49) has direct access to upwards of 3 megawatts amount and provided by the Department of Public Utilities in Grant County. The supply can easily be upgraded to 5 megawatts, which ensures considerable scalability for future growth. In addition to the infrastructure, the moderate climate with its low salt content enables optimal drying and cooling technology of the mining farm.
4. Considerably Smaller Market Cap Than Its Competition The share capital structure of Atlas Cloud Enterprises is nothing like anyone has seen in the cryptocurrency arena! At current levels Atlas Cloud Enterprises is much lower than many of its competitors. Even with the amount of capital raised for operations over the last few months, the majority of shares & warrants from fundraising efforts have a lock up period, which makes for a huge advantage for those watching Atlas Cloud Enterprises at the ground floor. This means that revenue production compared to market cap and EBITDA could potentially be at such an undervalued level, Atlas Cloud Enterprises will be well positioned to buid sound shareholder value.
Let’s also talk specifically about the amount of money being raised right now as not any company can come out and start raising tens of millions of dollars without having real potential. In fact, Atlas Cloud Enterprises has recently raised $14 million!
5. Diversification Of Mining Much of the competition that Atlas Cloud Enterprises has will focus on mining single style tokens, which has mainly been bitcoin. The Atlas approach will be different and more diversified. The company has clearly stated that it will be 70% dedicated to Bitcoin with 30% available for switching to mine most profitable alternative coins. With excellent infrastructure and access to additional property in Washington State, the expansion potential could monumental.
6. The McDonald’s Approach
Think of this for just a moment, the fast-food chain McDonald’s sells burgers and fries but their real business is in real estate. Their approach is simple, own the land, tools, and buildings that they lease to franchisees, collect rent, royalties, and opportunity to resell the land later on for additional revenue.There could be a huge opportunity for Atlas to not only save thousands if not millions of dollars in underlying operating costs for mining but it could also present an opportunity for the company to actually resell their power! At $0.03 per KW/h, Atlas Cloud Enterprises could charge 100% markup and still save average Americans 50% on the cost of power!
Atlas Cloud Enterprises (OTC:ATLEF) (CSE: AKE) (XFRA: A49) is far more than just another cryptocurrency mining company and the street has just started to see this as a ground floor opportunity. Atlas Cloud Enterprises (OTC:ATLEF) has just begun to trade in the US and what has happened with other cryptocurrency stocks could be the writing on the walls for what’s to come. Keep in mind that it is harder to compare Atlas to these companies for the sheer fact that its largest cost, power, is more than 50% lower in some cases than its immediate competition.
ATLEF...CryptoCoin mining...
StockCharts.com made a chart for this in less than a week...fast...
I like this stock...looking for a good entry...try to not chase price...
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
