$NSAV SIGNS DEFINITIVE AGREEMENT TO ACQUIRE A 50%
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Posted On: 02/22/2022 9:51:12 AM
$NSAV SIGNS DEFINITIVE AGREEMENT TO ACQUIRE A 50% STAKE IN HIVE CRYPTO MINING OPERATION, ENTERS MULTI-BILLION DOLLAR GLOBAL MARKET
https://www.globenewswire.com/news-release/20...ARKET.html
London, England, Feb. 22, 2022 (GLOBE NEWSWIRE) -- Net Savings Link, Inc. (OTC Pink: NSAV), a cryptocurrency, blockchain and digital asset technology company, today announced that the Company has agreed to acquire a 50% stake in crypto mining company, HIVE Strategy LLC., with Metaverse Network LLC. (MNC) https://metaversenetwork.llc/ holding the other 50%. As part of the transaction, NSAV will also acquire a 10% stake in HIVE Codes Inc. https://hive.codes/ by virtue of its existing 10% stake in MNC, which will increase to a 20% stake at the time of MNC’s New York public listing. Management feels that now is the perfect time to throw our hat into the multi-billion-dollar crypto mining arena and recent published reports seem to back up our belief.
https://www.kiplinger.com/investing/cryptocur...-potential
HIVE has developed the Generation 1 home “HIVE”. This set generates Specific Tokens via “Proof of Flow”, ensuring the Blockchain algorithms are accounted for according to the speed of the Ethernet, thereby promising participants rewards upon participation.
HIVE crypto mining devices are GREEN, use minimal electricity versus other mining machines, which have higher power consumption. HIVE mining devices are compact and can be used at home.
The HIVE crypto mining device is mining on the HIVE chain, which is a blockchain that will bring the power of data back to our people.
https://www.youtube.com/watch?v=3thiE8vf0mc
HIVE will officially launch in the U.S. by the end of March, making the revolutionary HIVE Crypto Mining Device available to all crypto miners. The average HIVE miner will recover their initial investment within 1 year. Management believes that this will become a new mining trend, similar to Helium Mining, as in a People Powered Network. According to published reports, Bitcoin miners generated more than $15 billion in revenue during 2021.
https://www.theblockcrypto.com/linked/128475/...21-revenue
W. Y. Cheung, CEO of MNC stated, “We believe that the future is “Proof of Flow” in the blockchain world. In the beginning, Bitcoin and others started Mining by GPU (Graphics Processing Unit), but yet only a few players with adequate financial conditions are able to participate. They still are rapidly increasing carbon emissions because of the massive power supply which is required. Therefore, our team decided to invest and design this pioneering way of blockchain mining that only requires 5W of power supply and aiming to reduce carbon emissions.”
Dato’ Sri Desmond Lim, Interim CEO and Senior Vice President of Cryptocurrency Operations for NSAV and Silverbear Capital partner stated, “HIVE is targeting 1,000 HIVE devices on or before 2023 as a preliminary target, but we will adjust this target as we evolve in this discipline. We wish to thank the Silverbear Digital Asset Team for their valuable advice in this transaction and thereby allowing NSAV to be able to step inside this blockchain business sector.”
Stanley Yu, Senior Vice President of Technology and Silverbear Capital partner stated, “The special design of the HIVE Crypto Mining Device, means that not only is it compact, power consumption friendly, but also basically noise free. Thereby, making us a GREEN company in the crypto mining industry. I also respect the fact that the HIVE chain will allow the data to be powered by the People and achieve true decentralization. I am honored to be involved in this revolution.”
https://www.globenewswire.com/news-release/20...ARKET.html
London, England, Feb. 22, 2022 (GLOBE NEWSWIRE) -- Net Savings Link, Inc. (OTC Pink: NSAV), a cryptocurrency, blockchain and digital asset technology company, today announced that the Company has agreed to acquire a 50% stake in crypto mining company, HIVE Strategy LLC., with Metaverse Network LLC. (MNC) https://metaversenetwork.llc/ holding the other 50%. As part of the transaction, NSAV will also acquire a 10% stake in HIVE Codes Inc. https://hive.codes/ by virtue of its existing 10% stake in MNC, which will increase to a 20% stake at the time of MNC’s New York public listing. Management feels that now is the perfect time to throw our hat into the multi-billion-dollar crypto mining arena and recent published reports seem to back up our belief.
https://www.kiplinger.com/investing/cryptocur...-potential
HIVE has developed the Generation 1 home “HIVE”. This set generates Specific Tokens via “Proof of Flow”, ensuring the Blockchain algorithms are accounted for according to the speed of the Ethernet, thereby promising participants rewards upon participation.
HIVE crypto mining devices are GREEN, use minimal electricity versus other mining machines, which have higher power consumption. HIVE mining devices are compact and can be used at home.
The HIVE crypto mining device is mining on the HIVE chain, which is a blockchain that will bring the power of data back to our people.
https://www.youtube.com/watch?v=3thiE8vf0mc
HIVE will officially launch in the U.S. by the end of March, making the revolutionary HIVE Crypto Mining Device available to all crypto miners. The average HIVE miner will recover their initial investment within 1 year. Management believes that this will become a new mining trend, similar to Helium Mining, as in a People Powered Network. According to published reports, Bitcoin miners generated more than $15 billion in revenue during 2021.
https://www.theblockcrypto.com/linked/128475/...21-revenue
W. Y. Cheung, CEO of MNC stated, “We believe that the future is “Proof of Flow” in the blockchain world. In the beginning, Bitcoin and others started Mining by GPU (Graphics Processing Unit), but yet only a few players with adequate financial conditions are able to participate. They still are rapidly increasing carbon emissions because of the massive power supply which is required. Therefore, our team decided to invest and design this pioneering way of blockchain mining that only requires 5W of power supply and aiming to reduce carbon emissions.”
Dato’ Sri Desmond Lim, Interim CEO and Senior Vice President of Cryptocurrency Operations for NSAV and Silverbear Capital partner stated, “HIVE is targeting 1,000 HIVE devices on or before 2023 as a preliminary target, but we will adjust this target as we evolve in this discipline. We wish to thank the Silverbear Digital Asset Team for their valuable advice in this transaction and thereby allowing NSAV to be able to step inside this blockchain business sector.”
Stanley Yu, Senior Vice President of Technology and Silverbear Capital partner stated, “The special design of the HIVE Crypto Mining Device, means that not only is it compact, power consumption friendly, but also basically noise free. Thereby, making us a GREEN company in the crypto mining industry. I also respect the fact that the HIVE chain will allow the data to be powered by the People and achieve true decentralization. I am honored to be involved in this revolution.”
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