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Bullboard - Stock Discussion Forum CryptoStar Corp V.CSTR

Alternate Symbol(s):  CSTXF

CryptoStar Corp. is a Canada-based self-mining cryptocurrency producer. The Company and its subsidiaries operate in the distributed ledger technology space, utilizing specialized equipment (miners) to perform computationally intensive cryptographic operations to validate transactions on the Blockchain (mining), receiving digital currencies (primarily Bitcoin). The Company operates through three... see more

TSXV:CSTR - Post Discussion

CryptoStar Corp > Power
View:
Post by Gigi06 on Feb 21, 2021 10:18pm

Power

Cryptostar has access to 120 M w of cheap power in Alberta. They have financing and an agreement with a supplier for state of the art equipment so what do you think is next ? I like CSTR more now and feel it's a better company than ever before.
Comment by auddstocks on Feb 22, 2021 9:16am
thanks for the info, do we know what's the required original investment to keep the 120MW running and what would be the rate in Alberta? I am always curious when I see these big MW numbers. The bigger it is, the more money you need to buy transformers, switch gear and connect the whole thing. So at the end, it does not come as cheap.