Replies to post #87277 on Santo Mining Corp (SANP)

[spike007]

Yes great synopsis Akula -for any new investors coming in here is why there is a MAMMOTH upside to this if it all pans out soon ...

"CANOE POOL Is essentially a subsidiary of BITMAIN. READ HERE WHY:

BITMAIN owns many huge Bitcoin entities, including Antpool, BTC.com, are direct investors in ViaBTC and likely have huge managerial control over it.

It has been speculated that when Canoe Pool was started, it was given its hashpower from ViaBTC mining operations as 22Petahash of mining power seemingly disappeared from ViaBTC and went to Canoe Pool overnight. Canoe Pool now has a staggering 2% of the total mining power and equivalent to about 150Petahash, in a mere 8 months time.

As mentioned in the previous PR, BITMAIN is directly partnered with Canoe Pool on their mining facility in China. Canoe Pool uses BITMAIN's AntMiners to mine Bitcoin as well. It is also well documented that Jihan Wu, founder of BITMAIN, and Li Ang, founder of Canoe Pool, are good friends. Here is them attending the same Bitcoin roundtable meeting with industry giants https://www.bitsonline.com/china-bitcoin-roundtable-segwit2x/.";