Post by
bazbuz on Oct 13, 2017 1:38pm
BITCOIN=ENERGY
It takes up to $800 in energy to create one virtual coin such as BITCOIN...And Crypto/Blockchain technology is where we are headed BIG TIME...NOW CHECK THIS OUT. "Blockchain is the technology used to verify and record transactions on a public, online ledger. Miners use computers to solve complex math problems to verify transactions, earning a reward of a newly issued coin, such as Bitcoin or Ether. Hive paid Hong Kong-based Genesis Mining Ltd., builder of the world's largest ether mining facility, $9-million and gave it a 30-per-cent stake to acquire a new data centre in Reykjanes, Iceland.There, Hive plans to mine different cryptocurrencies, depending on which ones offer the best margins and build an inventory of coins on the expectation they’ll appreciate. Hive said it plans to buy a second Genesis data center next door for $5 million and has the option to buy more in Iceland and Sweden, cold countries which can keep power and cooling costs down. Low cost and cold weather is why Altera in Iceland is a perfect match. It costs Altera 2 cents per KW/H to create GREEN ENERGY, a fraction of traditional energy costs. https://motherboard.vice.com/en_us/article/aek3za/bitcoin-could-consume-as-much-electricity-as-denmark https://motherboard.vice.com/en_us/article/aek3za/bitcoin-could-consume-as-much-electricity-as-denmark-by-2020. This could be why we are undervalued...I believe there is steady under the radar accumulation of T.AXY for a potential takeover by a BLOCKCHAIN company like GENESIS MINING or HIVE ... If BITCOIN is trading for $7250+ How important and valuable do you think ENERGY is for CRYPTO CURRENCIES and BLOCKCHAIN TECHNOLOGY ....HOLD ON TO YOUR ALTERA SHARES... BITCOIN PRICE=ALTERA ENERGY. ALTERA will be the ETHER for ETHEREUM and all BLOCKCHAIN technology