Nexgen Energy Ltd T.NXE

Alternate Symbol(s): NXE

Energy

NexGen Energy Ltd. is a Canadian company focused on delivering clean energy fuel for the future. It is engaged in the acquisition, exploration and evaluation and development of uranium properties in Canada. It is focused on optimally developing the Rook I Project. It has a portfolio of highly prospective projects, including its 100% owned Rook I property that is host to the high-grade Arrow Deposit, South Arrow, Harpoon, Bow, and the Cannon area. The Rook I Project is a development-stage uranium project in Canada. The new underground mine and mill development is located in the uranium-rich district of the southwestern area of the Athabasca Basin, located in Saskatchewan. Arrow is a 100% land-based, basement-hosted, and high-grade uranium discovery. The Rook I Project, host of the Arrow Deposit, which is a development-stage uranium project in Canada and is 100% owned by NexGen Energy Ltd. The Rook I property hosts the Harpoon Discovery located 4.7 km northeast of the Arrow Deposit.

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Nexgen Energy Ltd

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Comment by facts1234on Nov 26, 2017 9:48am

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Post# 27033048

RE:RE:RE:RE:Question! How do you mine crypto currencies?

https://www.zerohedge.com/news/2017-11-24/will-bitcoin-mining-consume-all-worlds-current-electricity-production-feb-2020

With the electricity that is going to be needed world wide we will need all the sources we can get. I don't think that we have enough nuclear, hydro, solar, wind etc to satisfy the coming electricity needed in the future.

Here are some interesting bitcoin items:

Here are a few other interesting facts about Bitcoin mining and electricity consumption:

In the past month alone, Bitcoin mining electricity consumption is estimated to have increased by 29.98%
If it keeps increasing at this rate, Bitcoin mining will consume all the world’s electricity by February 2020.
Estimated annualised global mining revenues: $7.2 billion USD (£5.4 billion)
Estimated global mining costs: $1.5 billion USD (£1.1 billion)
Number of Americans who could be powered by bitcoin mining: 2.4 million (more than the population of Houston)
Number of Britons who could be powered by bitcoin mining: 6.1 million (more than the population of Birmingham, Leeds, Sheffield, Manchester, Bradford, Liverpool, Bristol, Croydon, Coventry, Leicester & Nottingham combined) Or Scotland, Wales or Northern Ireland.
Bitcoin Mining consumes more electricity than 12 US states (Alaska, Hawaii, Idaho, Maine, Montana, New Hampshire, New Mexico, North Dakota, Rhode Island, South Dakota, Vermont and Wyoming)