Graystone Company Purchases Additional S19j Pros For Its Bitcoin Mining Operation
Graystone Company (OTC: GYST) announced a purchase order for 10 S19j Pro bitcoin mining machines on October 28, 2021. The order was fully paid and the equipment is expected to be delivered in December 2021, with installation planned for January 2022. The company will also buy additional units within the next month. A new hosting facility has been secured at a cost of $185 per unit monthly, and Graystone plans to sublease some of the capacity to generate supplemental revenue, enhancing its mining operation.
- Purchase order for 10 S19j Pro bitcoin mining machines, enhancing production capacity.
- New hosting agreement allows for subleasing capacity, creating additional revenue streams.
- Future revenue projections are uncertain due to factors like equipment pricing and bitcoin market volatility.
FORT LAUDERDALE, Fla., Oct. 28, 2021 /PRNewswire/ -- Graystone Company, Inc. (OTC: GYST) is pleased to announce the execution of a purchase order for bitcoin mining equipment. The initial purchase order was paid for on 10/28/2021 and consists of 10 unit of S19j Pro (100 TH/S) machines. This new equipment is scheduled for December delivery and is expected to be installed in January 2022. Within the next 30 days, the Company plans to purchase additional units.
The Company has reached an agreement with a new hosting facility, where the new units will be installed. The cost to host the units is approximately
About The Graystone Company, Inc.
Graystone Company operates two divisions: A Bitcoin BTC mining operation and a Wellness, Longevity and Anti-Aging product line. The Graystone Company, Inc. (OTC: GYST) is headquartered in Fort Lauderdale, FL., and can be contacted at www.thegraystonecompany.com or by phone at (954) 271-2704.
Corporate Website: www.thegraystonecompany.com
Corporate Twitter: https://twitter.com/TheGraystoneco
Graystone Mining Twitter: https://twitter.com/Graystonemining
*Revenue related calculations. Please note that the Company believes that any revenue related calculations are accurate and based on factual information, there can be no assurance that the Company will be able to achieve all projections due to number of business-related factors, such as equipment pricing, mining equipment availability, bitcoin mining difficulty, bitcoin market pricing and other unforeseen issues in deploying its mining rigs. You can view update information on Bitcoin Mining by visiting https://novablock.com/calculator.
Notice Regarding Forward-Looking Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate.
For more information:
Graystone Company
Email: info@thegraystonecompany.com
Phone: (954) 271-2704
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SOURCE Graystone Company, Inc.
FAQ
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