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MGT Capital Investments Inc MGTI

MGT Capital Investments, Inc. is engaged in cryptocurrency activities with operations at an owned and managed Bitcoin mining facility in LaFayette, Georgia. The Company’s business activities are comprised of self-mining operations, providing hosting services, and leasing space to third parties. The Company owned approximately 35 Antminer S19 Pro miners providing about 3 Ph/s in hash power for self-mining. It also offers third-party owners of miners a hosting service whereby the Company operates and maintains the miners for a fixed monthly fee. Its miners and those hosted for others are housed in a modified shipping container on the Company’s owned property in Georgia. The Company owns the entire facility, including land and improvements, five 2500 kilovolt-amp (KVA) three-phase transformers, and three mining containers. The Company is exploring the 10 MW expansion potential at its property as well as investigating other sites to develop Bitcoin mining facilities.


GREY:MGTI - Post by User

Comment by winnerscircleon Dec 18, 2017 11:47am
265 Views
Post# 27178922

RE:RE:MGT is on fire

RE:RE:MGT is on fire
winnerscircle wrote: I'm out sold the rest of my position todat at 2.20..theres always a sell off when you get big gains like this ...ive learned my lesson a few times..lol..ill wait till it closer to 1.50 to buy back..if not I'm very happy with the profits here...GL peeps.... (stock tip..i see THC Biomed at a rockbottem price past few days..worth a look)


Damn too bad I was being cheap and I didn't buy back in the 1.65 range was hoping to get it at 1.59 a month ago...now I'm really feeling the FOMO...cant believe I missed the run
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