RE:RE:RE:Cryptocurrency = the futuregatekeeper1977 wrote: Another company to look at Calyx Ventures Inc: Calyx Increases Blockchain Validation Capacity V.CYX | 33 minutes ago VANCOUVER, British Columbia, Dec. 21, 2017 (GLOBE NEWSWIRE) -- Calyx Bio-Ventures Inc. (TSXV:CYX) (Calyx or the Company) is pleased to announce that its wholly-owned subsidiary Canada Blockchain Hosting Corp (CBH) has more than doubled the blockchain data validation computing capacity at its Kamloops facility. Sufficient GPU resources have been acquired to add an additional 113 cryptocurrency mining rigs, bringing the operations current total unit count to 200. Presently, the equipment is being managed by a proprietary algorithm-based mining strategy that selects the type of cryptocurrency being mined based on the expected efficiency and resulting cryptocurrency yield, of the units at that time. These new units have been acquired in support of the Companys ongoing expansion of its distributed computing platforms. The scaling of the Companys blockchain mining efforts support and complement the Companys full stack enterprise software development efforts. Calyxs expansion has been bolstered by a reliable allotment of top-of-the-line GPU resources from a top manufacturer. It is the Companys intention to continue to scale its mining assets at an aggressive rate, using them to execute on this highly-efficient and profitable crypto strategy. This additional computing and hash power will allow CBH to immediately increase its revenues. Were bringing in more money each time we bring a rig online, but its about more than that, explained Calyx CEO Roger Forde. We are aiming to be the first movers in blockchain-based enterprise development, and these assets will allow us a significant advantage. These assets serve as an important component in our enterprise division. Our team is in the process of using the access to mining hardware, along with our unique marketplace and communications platforms to offer modern, scalable blockchain based solutions to large and medium businesses of today and tomorrow, said Forde. This transaction continues to drive forward the Companys strategy to expand its distributed computing platform into the Companys overall business model. This additional computing and hash power will allow CBH to immediately increase its revenues and also further enhance the Companys ability to mine many additional crypto-currencies profitability. About Calyx Calyx operates a software development business which produces custom software for enterprises and innovative, well-financed startups. Cannigistics Agri-Solutions Corp, a software development business that has created a software platform originally designed for advanced indoor agriculture, but has now evolved to serve a wider range of industries and Canada Blockchain Holdings Corp., a company operating in blockchain technologies and crypto currencies. Calyx also owns a portfolio of proprietary intellectual property with applications in crop enhancement, as well as messaging software assets. For further information about Calyx, please visit www.calyxbio.com or contact: Roger Forde President and Chief Executive Officer Calyx Bio-Ventures Inc. Tel: 604.880.8822 Email: rogerf@calyxbio.com Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release
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