Naerodynamics, Inc. Announces
-- July 9, 2019 -- InvestorsHub NewsWire
Inc. ("NDYN" or the "Company") (OTC:NDYN)
its short term
The Company currently operates
TH/s of cloud-based
ASIC mining which produces
0.35 Bitcoin per day. Cloud
provides the company with exposure to the operating margins of
digital currency mining without the need to maintain the equipment
or pay for power. Once the Company acquires 100,000 TH/s,
center in the United States.
Company will reinvest the proceeds daily until September 30,
2019. After that, we
to reinvest a portion of the proceeds and to dividend out to the
shareholders the remaining amount. Shareholders can see the
daily payouts from the mining operation on our website at
Company's has completed its internal projections for reinvestment
through September 30, 2019. These projections are based on a
$11,000 Bitcoin price.
the net proceeds after maintenance,
power and pool fees.
projections are also based on past
are not indicative of
mining profitability is dependent on
the price of BTC, block
reward payout and mining difficulty,
which are subject to
current number of common shares outstanding for NDYN
249,038,025 common shares and 2,000,000 shares of Series B
current float is 18,074,680.
Inc. is a holding company that operates subsidiaries that sell
Bitcoin mining equipment and mine bitcoin.
more information, visit www.naerodynamics.com
information in this release may contain forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995. You can identify these statements by use of the words
"may," "will," "should," "plans," "expects," "anticipates,"
"continue," "estimate," "project," "intend," and similar
expressions. Forward-looking statements involve risks and
uncertainties that could cause actual results to differ materially
from those projected or anticipated. These risks and uncertainties
include, but are not limited to, general economic and business
conditions, effects of continued geopolitical unrest and regional
conflicts, competition, changes in technology and methods of
marketing, delays in completing various engineering, development
and/or manufacturing programs,
changes in product mix, development and production delays, and
other factors beyond the Company's
control. The Company undertakes no obligation to publicly update or
revise any forward-looking statements, whether as a result of new
information, future events or otherwise.
Refer to the Company's Risk Factors in its SEC filings and located
on its website, https://www.naerodynamics.com/sec-filings.