Thursday, August 30, 2018 6:41:44 PM
I send them 2 e-mails the other offering other ideas for buying miners
here: original e-mail: Hello, my question is are you guys buying mining equipment now taking at advantage of GPU prices cut down 20% and cheaper mining machines? the reason I am asking this is because the bulls in the market will begin to take control and then cause increasing prices in mining like 2017. The bulls will begin to start in mid September. History will repeat it self again just not so strong like 2017. Second question: are you guys building just one warehouse for now or are you going to continue building more warehouses as u setup the first one
U guys picked a great business so much news on you tube channels can't wait for photos of the warehouse.
Thank you for your time.
responds:
Thank you for your support as always.
We hope to take advantage of the cheap mining equipment very soon, right now we are focused on getting our first warehouse built. The cost per miner since we first filed our Reg A back in February has dropped from $2,425.00 for one mining rig and a corresponding power supply to $499.00 or $780.00 for their new water cooled miners which we are looking into now and plan on purchasing one in the near future to begin testing to see if this would save money on the cooling costs.
It will be significantly cheaper to build out and fill the warehouses with miners with these much lower prices. In addition to the much lower prices, the miners on the market right now also have about a 10% higher hash rate as well, meaning more efficient mining and more cryptocurrency we will be able to mine.
I am also confirming receipt of your other email with miner ideas. We are always open to different mining equipment companies other than Bitmain and are always looking for the best value mining equipment. Feel free to keep sending ideas over and we will evaluate all the mining equipment before purchasing to find the best option.
Thank you,
BitFrontier Capital Holdings, Inc.
Investor Relations
FEATURED Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM
North Bay Resources Announces Mt. Vernon Gold Mine Bulk Sample, Sierra County, California • NBRI • Sep 11, 2024 9:15 AM
One World Products Issues Shareholder Update Letter • OWPC • Sep 11, 2024 7:27 AM
Kona Gold Beverage Inc. Reports $1.225 Million in Revenue and $133,000 Net Profit for the Quarter • KGKG • Sep 10, 2024 1:30 PM