/biz/ - Business & Finance

[Anonymous No.14001692]

Largest publicly traded mining operation in the world partnering with a former Wal-mart exec/Microsoft COO and his company to mine BSV right here in America! Fuck off China Coin, #MAGA!

https://en.wikipedia.org/wiki/B._Kevin_Turner

https://www.nasdaq.com/press-release/squire-enters-into-a-binding-letter-of-intent-with-core-scientific-for-hosting-of-blockchain-cloud-20190604-00893

https://en.wikipedia.org/wiki/B._Kevin_Turner

[Anonymous No.14001731]

Please fuck off and die

[Anonymous No.14001745]

[Anonymous No.14001758]

[Anonymous No.14001760]

>>14001731
>>14001745
Hash and business investments don't give a damn about your conspiracy theories

[Anonymous No.14001769]

[Anonymous No.14001781]

[Anonymous No.14001789]

[Anonymous No.14001806]

[Anonymous No.14001824]

>>14001692
kys amerijews

[Anonymous No.14001826]

[Anonymous No.14001847]

>largest mining operation in the world
>looks at BSV hashrate

[Anonymous No.14001869]

SQUIRE MINING LTD (SQR)
Squire is a mining company controlled by Calvin. On May 29 they signed a contract to buy four mining companies totalling 3,000PH/s mining power. This combined with the 300PH/s they had from before, gives them control of 3,300PH/s. This is a SIGNIFICANT amount and makes them the world’s biggest mining company by far. To put it in perspective, Bitmain had 2,000PH/s at their height. After getting rekt by the BCH/BSV fork they only have 200PH/s left. The BTC chain usually have about 60,000 PH/s, BCH 2,500PH/s and BSV 1,000 PH/s. Squire are in other words a VERY big miner. The acquisition are expected to be concluded within August 31, 2019. In addition to this, Squire are in the process of developing a new SHA-256 ASIC chip. This will further sement their position in the mining industry if successful.


HOW WILL THIS AFFECT THE BSV PRICE?
Calvin has said publicly that they are mining whichever chain is most profitable, and use the profit to buy BSV. So how many BSV are they able to buy every day? According to Craig the profit margin is usually 20% in mining, but let’s be conservative and use 10%. This will allow them to buy 430BSV ($82,000)
every single day. (calculations in end of thread).

430BSV a day might not sound like much, but this is coins that are bought every single day and held, not traded back and forth. It will add significant buy support and upwards momentum to the BSV price. Calvin and Craig also have private personal miningrigs. I don’t know how large they are, but I suspect they are very large for a private rig. I assume they buy BSV with the profit from these as well.

CALCULATIONS
Daily mined BTC = 24 hour * 6 blocks * 12.5BTC = 1,800BTC
Squire’s share of that is 3,300phs / (3,300phs + 60,000phs) = 0.052
This gives Squire 1,800BTC * 0.052 = 94BTC
10% (profit margin) of that is 9.4BTC
That gives 9.4BTC / 0.02182 = 430BSV ($82,000)

[Anonymous No.14001876]

>>14001692
Don't stroke out, tranny lover

[Anonymous No.14001901]

>when one blog post objectively proves craig isn't satoshi
https://bitcoinmagazine.com/articles/op-ed-how-many-wrongs-make-wright/

oof
yikes
cringe
bluepilled

only subhumans buy bsv

[Anonymous No.14001955]

>>14001869
lol And squire shareholders are gonna be the eternal bagholders of this pedophile project!

[Anonymous No.14002210]

>>14001847
Largest PUBLICLY TRADED mining operation

[Anonymous No.14002223]

>>14001955
Does that look like a small child to you?

[Anonymous No.14002354]

>>14001955
That's a married woman. Maybe you should consider glasses

[Anonymous No.14002403]

[Anonymous No.14002404]

>>14002223
no but it does seem calvin cant stop being in such pictures with trannies. hey, it's 2019, I'm not going to judge the guy and it's not like traps are even gay in the first place