Bitcoin mining hardware asic buy stocks
The full text of the clarified and corrected news release follows. The Antminer S9is considered to be the most powerful, power-efficient, and first-ever consumer grade bitcoin miner in the world. Founded inBitmain, as a private company, was established to develop and sell industry leading bitcoin miners utilizing specialised ASIC chip technology. Headquartered in Beijing and with offices in Amsterdam, Hong Kong, Tel Aviv, Qingdao, Chengdu, Shanghai and Shenzhen, the company is among the most recognizable organizations in the cryptocurrency space, and the parent of multiple sector-leading products and brands.
In the interim, Atlas Cloud has entered into a private co-located hosting arrangement with an industry partner in order to commence immediate near-term mining operations. The S9 miners have arrived at the partner location, with the first units scheduled to come online on or around February 1 st.
Activation and implementation of the entire 1, machine order is scheduled for no later than February 15 th. The combined mining capability from the 1,machine installation provides Operationally, Atlas Cloud plans to join Slushpool.
In a further innovation to maximize returns, the Company will employ automated software switching that reacts to predetermined thresholds designed to swap mining operations between Bitcoin and Bitcoin Cash depending upon gross mining profitability.
A second phase infrastructure upgrade an additional 2. The number of options and the terms and conditions thereof have been approved by the company's board of directors. About Atlas Cloud Enterprises Inc. Atlas Cloud Enterprises Inc. Atlas Cloud will provide customers with secure power access, bitcoin mining hardware asic buy stocks and bandwidth to ensure co-located, back-up or Cloud systems offer minimum risk of failure. Furthermore, Atlas is focussed on the blockchain sector and digital currency mining.
Atlas Cloud aims to become the lowest-cost producer of digital currency mining and blockchain infrastructure. Atlas Cloud owns a facility currently undergoing preparations for use as a digital currency mining operation located in Electric City, WA. This bitcoin mining hardware asic buy stocks currently benefits from a dedicated low-cost energy source of 3.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. Persons unless registered under the U. Securities Act and applicable state securities laws or an exemption from such registration is available. These forward-looking statements are subject to numerous risks and uncertainties, certain bitcoin mining hardware asic buy stocks which are beyond the control of the Company, including but not limited to, the future business operations of Atlas Cloud.
Readers are cautioned that the assumptions used in bitcoin mining hardware asic buy stocks preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward- looking statements.
Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. More articles related to: Atlas Cloud Enterprises, Inc. January 25, GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.