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BlockchainK2 Announces Agreement with Standard Power
Vancouver, British Columbia--(Newsfile Corp. - July 22, 2019) - BlockchainK2 Corp.(TSXV: BITK) (OTCQB: BIDCF) (STU: KRL2) (the "BlockchainK2" or "Company") is pleased to announce it entered into a sale, assumption and assignment agreement and income promissory note with respect to its S9J miners with 500 N 4th Street LLC dba Standard Power. Standard Power owns and operates a site in Coshocton, Ohio with its own substation infrastructure and direct high voltage step down transformer capability that is able host up to 50 megawatts of mining capacity in the short term with ultimate power capacity of over 500 megawatts. Standard Power is positioned to be a global leader of industrial scale cryptocurrency mining. Standard Power's competitive advantage is that it is located in the USA and enjoys one of the lowest net electricity prices globally with a long term average total power price below $0.03 USD per kWh. The Company will further help identify and refer partners to leverage further its relationship with Standard Power as per a referral agreement.
Standard Power CEO, Daniel Minkowitz is pleased to announce the close cooperation between the two companies: "By working with BlockchainK2, Standard Power is now able to access the tremendous demand for cruptocurrency mining from Canada as well as leveraging BlockchainK2's strong intangible assets to accelerate our Company's growth."
SO not leaving anytime soon so that should add confidence back as it’s unlikely he’s going to dump his shares he probably wants a larger slice of that billion market cap!!!
Great news on the new CEO I like the fact he has contacts with senior representatives in Nigeria always good to have an influencer on board to push things forward
Top up time ..... when the news sinks in this is going to fly!!!
And more good news today Interbit have just announced a contract deal so expect another RNS
https://interbit.io/publications/interbit-announces-a-product-strategy-update-and-contract-signed-with-xinova-llc
Vela will re-rate soon all the investments are up yet the sp hasn’t been fully reflected and then there’s the potential yesterday news of weshops partnership with Amazon, Facebook and apple is massive news for the company
SPikey has been here for years when he’s acidic enough in the chat he’s also actively trading and looking for an entry position it’s too obvious
Last 2 trades are buys mm post below the mid-price so they are showing as sells but are buys
Buy on dips and when people are scaremongering