Graystone Company Purchases Additional S19j Pros Fort Lauderdale, FL -- October 28, 2021 -- InvestorsHub NewsWire -- Graystone Company, Inc. (OTC: GYST) is pleased to announce the execution of a purchase order for bitcoin mining equipment. The initial purchase order was paid for on 10/28/2021 and consists of 10 unit of S19j Pro (100 TH/S) machines. This new equipment is scheduled for December delivery and is expected to be installed in January 2022. Within the next 30 days, the Company plans to purchase additional units.
The Company has reached an agreement with a new hosting facility, where the new units will be installed. The cost to host the units is approximately $185 per unit per month. Due to extremely high demand, we are planning to dedicate some of the equipment and space we have acquired to subleasing to 3rd party clients. This business model will provide supplemental revenue in addition to mining BTC for ourselves.
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