CryptoStar Corp V.CSTR

V.CSTR sweet deal in Newfoundland and Labrador:0.013CAD-kwh

[auddstocks]

Guys, lot of activity with Cryptostar V.CSTR and I've done a lot of research on their activities. I figure I would share it with you to get your thoughts.
Basically, Cryptostar has a major asset. A sweet deal for 6MW in Newfoundland-and-Labrador, a sweet deal like the one Genesis has in Georgia. If you look at the publicly available rates of Nalcor, Cryptostar should be paying 0.013US$ per kwh in its Labrador facilities, which is dirt cheap clean hydro electricty. It's a legacy rate, I believe. They are negociating a block of 20 more MW. Now, I see you coming, you are probably thinking: «if it's that cheap, how come the big names like hut8 or hive havent gone to Labrador yet»? Well, guess what: the province is blocking all of them and their energy tribunal is not allowing any miner since 2017. So Cryptostar was able to get a block of energy after teaming up with some locals who can navigate the local energy board rules and regulations (https://www.newswire.ca/news-releases/cryptostar-corp-announces-new-operations-to-commence-in-nl-canada-positioned-to-become-one-of-the-lowest-cost-bitcoin-producers-in-north-america-824986095.html) which is the right way to do things.
But there is more: they might be able to get more electricty: the local power producing company and the Public Utilities Board (energy regulator) seem to be ok to move forward and allocate more electricty to a handfull of miners, most probably the one that are established in the province already (cryptostar and blocklab) and nobody else. Now the thing that concerns me the fact that nobody knows the CEO of cryptostar, not public at all, mysterious, very discreet, we don'yt know the vision of the CEO. 
But basically, Cryptostar wants to have the lowest energy cost among miners in North America and it fair to say that they are on the right path. their deal in Alberta should gives them access to low cost energy but not as low as the one in Labrador. In Labrador, basically, they can buy old miners, such as good old S9, and make them profitable at 0.013kw per hour. To compare, Bitfarms pays 0.05US$ per kw hour. The price they are paying is very low and it's in a highly regulated Canadian province, not in an obscur country like Iran or Venezuela where autoritities can shut you done anytime with no recourse. Let me know your thoughts if you disagree.

[fussballplayer]

Thanks so much for your input!!! It's definitely exiting and I really hope the company comes out with some crucial PR's in the near future!!!

[auddstocks]

Correction: Apologies, i meant: "sweet deal like the one Bitfury has in Georgia", rather than "Genesis".