After being spun out by Datametrex before year’s end.
But, first of all I’d like to talk about huge catalysts I see coming in the Crypto Mining and Blockchain arena of the Cdn stock market, I am expecting these new drivers to be big in scale and create a rising tide.
This second wave, much like the first one , albeit Crypto pricing seeing somewhat of a pullback today which could take some wind out of the sails at the initial outset, but long term I believe will add more overall horsepower to the Crypto-Blockchain sector in general.
When I say rising tide, I mean lifting all boats or the more fun analogy:
”When the Wind Blows, Even Turkeys Can Fly”
https://www.coindesk.com/novogratzs-galaxy-digital-will-start-trading-on-a-stock-exchange-this-week/
And GGS was halted 4 days ago
Everyone familiar with HIVE knows Guistra, but most are unaware that he owns shells, I took a position in GGS when he sold his latest flagship mining play LithiumX which he took from 4 cents to $2.00 in under 2 yrs.
What’s his next move now that he had his big win with LIX
Blockchain? Crypto Mining? We will see
As for prospects for Ronin Blockchain, I completely disagree with comments here about it being about simple math and too late to the dance scenario.
I actually believe that being late to the dance could turn out to be the greatest advantage for Ronin as some ill-executed public crypto mining business plans have had to exit stage left cause like a game of musical chairs, as the music in the dance slows down, chairs are removed and the players are reduced.
One that is observant and gets to play in the second game, knows the mistakes not to make and uses the time on the sidelines during the first round to devise a winning strategy.
https://www.forbes.com/sites/investor/2018/07/02/cryptocurrency-mining-profits-are-way-down/#5d238b9a6c50
The new entrants I mentioned above, proves out that $DM & @Roninblockchain are not the only ones exercising this cunning strategy.
Just look at the jurisdictions Ronin has targeted to mine from and “The Timing” they executed to establish this capacity I think will prove these guys are totally on their game.
“”THREE HUNDRED MEGAWATTS OF CAPACITY IN CHINA””
https://www.nasdaq.com/press-release/datametrex-subsidiary-ronin-blockchain-increases-total-capacity-to-300-megawatts-20180524-00313
Hmmm, overkill? never happen?
Check this, which I stated on this thread, last January I saw coming
https://news.bitcoin.com/bigger-than-bitcoin-experts-say-chinese-government-crypto-a-real-threat/
Note: 300MW Of capacity in China doesn’t even include Quebec operations, which Datametrex is still hush on, but rest assured, management’s Timing appears to be impeccable.
“”Agreements made between Hydro-Qubec and operational cryptocurrency miners before June 6th will not be subject to the new price.””
https://news.bitcoin.com/bitcoin-mining-news-brookstone-to-build-wind-farm-in-morocco-quebec-increases-rates/
Miners that set up or planning to set up operations in other previously sought after jurisdictions are scrambling for cover also.
https://www.coindesk.com/another-us-county-hits-pause-on-crypto-mining-power-requests/
A poster here might naively state they think Datametrex has made a miscalculation buying Ronin, but whose opinion would you choose to follow, one that thinks or one that knows
https://etfdailynews.com/2018/07/31/bitcoin-miners-see-a-bullish-breakout-on-the-horizon/
I have shown here many different aspects of crypto mining innovations that I think are coming our way in short order , to address things from Power demands to increase in hash Power.
From Graphene processors that reduce power consumption 99% and increase computing speed by a thousand times to this:
https://www.design-reuse.com/news/44525/innosilicon-bitcoin-asic-samsung-finfet.html
One more may be something Ronin has up their sleeve seeing they are being spun out of a AI Big Data company and I am only speculating here but have written a great deal on here is (Algorithmic-Optimization)
https://hacked.com/the-algorithm-knows-something-you-dont-an-interview-with-one-of-the-worlds-top-algorithmic-crypto-traders/
https://www.coindesk.com/chinas-government-censorship-agency-is-hiring-a-crypto-expert/
This was just my thoughts about Datametrex acquisition and spin out of Ronin with DM retaining 93%
I think Ronin could prove to be the biggest winner for DM shareholders, especially for the ones that complained they never got the chance to take part in the Graph Blockchain Financing and have been invited to contact Michael Frank and book a spot in the upcoming Ronin Financing , which I suggest everyone strongly consider.
Enough about Ronin for now, Graph Blockchain is the spinout coming within next 30 days I believe and I for one am excited to see it Launch
https://www.coindesk.com/china-state-tv-blockchain-is-10-times-more-valuable-than-the-internet/
Big things coming for Nexalogy / AI Big Data / Social Intel-Machine Learning Division
I remain patient ,long & strong
https://www.cnbc.com/2018/04/10/machine-learning-is-the-big-one-deloitte-expert.html