$GYST Graystone Company Continues To Expand With P
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Posted On: 11/17/2021 9:32:07 AM
$GYST Graystone Company Continues To Expand With Purchase of Additional S19j Pros For Its Bitcoin Mining Operation
https://www.prnewswire.com/news-releases/gray...26657.html
FORT LAUDERDALE, Fla., Nov. 17, 2021 /PRNewswire/ -- Graystone Company, Inc. (OTC: GYST) is pleased to announce the successful expansion of its bitcoin mining operations. Just two weeks after placing an order for 10 units of S19j Pro (100 TH/S) we were able to secure the purchase of 15 additional machines, thereby, increasing the number of units purchased to 25 total. This new equipment is scheduled for December delivery and is expected to be installed in January 2022. The cost to host the units is estimated at $185 per unit per month. Once the new equipment is installed and operational, the Company is expected to generate the following:
Yearly Revenue*: $487,756
Yearly Expenses for machines*: $82,536
Yearly operational profit*: $405,220
Due to extremely high demand, we are planning to dedicate some of the equipment and space we have acquired to subleasing to 3rd party clients. This business model will provide supplemental revenue in addition to mining BTC for ourselves.
It is important to mention that the company is committed to environmental sustainability and a clean energy approach. The co-location we have engaged generates its power from a nuclear power plant, thereby allowing the Company's equipment to be powered by a zero-emission clean energy source. This business decision is in-line with our values and represents a mindful step on our journey to be a net-zero climate impact mining operation.
https://www.prnewswire.com/news-releases/gray...26657.html
FORT LAUDERDALE, Fla., Nov. 17, 2021 /PRNewswire/ -- Graystone Company, Inc. (OTC: GYST) is pleased to announce the successful expansion of its bitcoin mining operations. Just two weeks after placing an order for 10 units of S19j Pro (100 TH/S) we were able to secure the purchase of 15 additional machines, thereby, increasing the number of units purchased to 25 total. This new equipment is scheduled for December delivery and is expected to be installed in January 2022. The cost to host the units is estimated at $185 per unit per month. Once the new equipment is installed and operational, the Company is expected to generate the following:
Yearly Revenue*: $487,756
Yearly Expenses for machines*: $82,536
Yearly operational profit*: $405,220
Due to extremely high demand, we are planning to dedicate some of the equipment and space we have acquired to subleasing to 3rd party clients. This business model will provide supplemental revenue in addition to mining BTC for ourselves.
It is important to mention that the company is committed to environmental sustainability and a clean energy approach. The co-location we have engaged generates its power from a nuclear power plant, thereby allowing the Company's equipment to be powered by a zero-emission clean energy source. This business decision is in-line with our values and represents a mindful step on our journey to be a net-zero climate impact mining operation.
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