ERHE .0002 HUGE CRYPTO/BITCOIN NEWS!!! ERHE Pr
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Posted On: 01/08/2018 10:10:12 AM
ERHE .0002 HUGE CRYPTO/BITCOIN NEWS!!!
ERHE Provides Update on Scalable Blockchain Opportunity
January 8, 2018 News Tags: ERHC Energy Inc., ERHC Energy Inc. News, ERHE, ERHE News
HOUSTON, TX, Jan. 08, 2018 (GLOBE NEWSWIRE) -- HOUSTON, TX, January 8, 2018 – ERHC Energy, Inc. (OTC:ERHE) (the “Company”) is excited to announce that the Company has begun to commit resources and operational strategy toward maximizing what management believes is a defining opportunity over coming quarters: to assume a leadership position in addressing the massive unmet future energy demands implied by the advent of the global blockchain and cryptocurrency revolution.
According to Digiconomist.net, a leading Bitcoin logistics analysis firm, recent research suggests that Bitcoin miners worldwide are using enough annual electricity to power about 3.47 million American homes for a year. And the costs associated with this binging consumption – currently at $1.9 billion and growing – are only expected to rise. And that’s just Bitcoin. Bitcoin is only one of thousands of crypto-assets, and there are also countless other applications of the blockchain framework beyond crypto-assets.
Analysts expect the blockchain framework to become a dominant theme integrated into the technological infrastructure underlying many mainstream societal processes, penetrating and eventually dominating industries as diverse as banking, IT infrastructure, and media.
Executives at the Company are gearing up with the sense that, while this transformation implies many interesting problems and opportunities, the one thing no one can argue with is the massive boost it implies to those who can effectively position themselves as core leaders in supplying the energy necessary to fuel the process.
Management believes the Company is extremely well-positioned to take full advantage of this opportunity over coming quarters and looks forward to supplying additional details shortly.
About ERHC Energy
ERHC Energy Inc. is a Houston-based independent oil and gas company focused on growth through high impact exploration in Africa and the development of undeveloped and marginal oil and gas fields. ERHC is committed to creating and delivering significant value for its stockholders, investors and employees, and to sustainable and profitable growth through risk balanced smart exploration, cost efficient development and high margin production. For more information, visit www.erhc.com.
#BLOCKCHAIN $ERHE
ERHE Provides Update on Scalable Blockchain Opportunity
January 8, 2018 News Tags: ERHC Energy Inc., ERHC Energy Inc. News, ERHE, ERHE News
HOUSTON, TX, Jan. 08, 2018 (GLOBE NEWSWIRE) -- HOUSTON, TX, January 8, 2018 – ERHC Energy, Inc. (OTC:ERHE) (the “Company”) is excited to announce that the Company has begun to commit resources and operational strategy toward maximizing what management believes is a defining opportunity over coming quarters: to assume a leadership position in addressing the massive unmet future energy demands implied by the advent of the global blockchain and cryptocurrency revolution.
According to Digiconomist.net, a leading Bitcoin logistics analysis firm, recent research suggests that Bitcoin miners worldwide are using enough annual electricity to power about 3.47 million American homes for a year. And the costs associated with this binging consumption – currently at $1.9 billion and growing – are only expected to rise. And that’s just Bitcoin. Bitcoin is only one of thousands of crypto-assets, and there are also countless other applications of the blockchain framework beyond crypto-assets.
Analysts expect the blockchain framework to become a dominant theme integrated into the technological infrastructure underlying many mainstream societal processes, penetrating and eventually dominating industries as diverse as banking, IT infrastructure, and media.
Executives at the Company are gearing up with the sense that, while this transformation implies many interesting problems and opportunities, the one thing no one can argue with is the massive boost it implies to those who can effectively position themselves as core leaders in supplying the energy necessary to fuel the process.
Management believes the Company is extremely well-positioned to take full advantage of this opportunity over coming quarters and looks forward to supplying additional details shortly.
About ERHC Energy
ERHC Energy Inc. is a Houston-based independent oil and gas company focused on growth through high impact exploration in Africa and the development of undeveloped and marginal oil and gas fields. ERHC is committed to creating and delivering significant value for its stockholders, investors and employees, and to sustainable and profitable growth through risk balanced smart exploration, cost efficient development and high margin production. For more information, visit www.erhc.com.
#BLOCKCHAIN $ERHE
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