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Calyx Ventures Inc V.CYX.H

Technology Software - Application Blockchain
Calyx Ventures Inc. is a Canada-based company that offers solution to variety of online business sectors. The Company operates through subsidiaries, including Leafhub Technologies, Cannigistics and AutoMotoCast. Leafhub Technologies offers LeafHub, a software as a service (SaaS) application designed to aggregate participants of the cannabis and hemp industries onto a single platform to conduct business and trade. LeafHub consists of two main categories: Marketplace and Wholesale. The Marketplace offers consumers the ability to source and locate local cannabis products and learn more about cannabis in general. The wholesale Exchange is an online Exchange where growers, processors, wholesalers and distributors can conduct business. Cannigistics offers a custom marketplace software that merges a retail and wholesale e-commerce marketplace with an integrated messaging platform. AutoMotoCast is a network of users that anyone interested in buying, selling or trading a vehicle can join.


TSXV:CYX.H - Post by User

Calyx Ventures Inc
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Comment by Imprinton Nov 11, 2017 10:00pm
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Post# 26946478

RE:A great piece of info on the recent news release

RE:A great piece of info on the recent news releaseDon't get me wrong, I own a lot of this stock so I want it to succeed.

Those of you supposedly excited by a million dollars have got to get a reality check.  The amount of capital to create an industrial data mining farm is substantial.  You have to buy hundreds and thousands of the top of the line graphics cards.

You have to keep those cards cool and they generate a TON of heat. Climate controlling the room they're housed in take energy.  HIVE has a leg up there b/c the electricity in Iceland is all geothermal and super cheap.  Plus their climate is generally cooler.

On top of that, you have to lease/buy a facility.

In other words, a million dollars is a pittance and doesn't even get close to the amount you need to start a data farm.

Imprint
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities