Replies to post #34270 on Coin Citadel (CCTL)

[kimber45]

I couldn't agree more Richby30,
The web sit is a joke. No link to the mining site. That it just strange to me. I think the page (web site) is a distraction. Bill said he was stepping down as CEO.
Go and look at his twitter account, start around Sept 17
and read his statements.
https://twitter.com/CAK41531917/status/994275885254627333

[doogdilinger]

"the company is hosting 250 bitcoin miners now"

$125 per month x 250 bitcoin miners = $31,500.00 per month being generated as of right now.

And $31,500.00 per month works out to just under $400K per annum.

The PR also states that plans are also in motion right now to "host up to 1000 miners after upgrades are done to the power grid"

So, if the company does in fact execute after the upgrades are done to the power grid to increase the hosting of bitcoin miners to 1000...then their per annum revenue run rate will increase to approximately $1.5M regardless of how many "sell the news" players chose to exit on the news.