Graystone Company Announces
Goal of 1,000,000 Th/s in Bitcoin
Mining Capacity
Fort Lauderdale, FL
-- June
15, 2021 --
InvestorsHub NewsWire -- Graystone Company, Inc. (OTC:
GYST) announced
today an objective
of 1,000,000
Terahash
(TH/s)
in
Bitcoin Mining capacity by 2024. The company has already
acquired 1,000 TH/s and has updated its year over year goals to
50,000 TH/s in 2021 and 150,000 TH/s in 2022.
The Company's direct
operational expense of its Bitcoin Mining operation is $1.70 -
$1.80 per Terahash
per month
(or $0.057 - $0.06 per day). This equates
to a Bitcoin price of $9,000 to $10,000 as the operating
breakeven
point for the Bitcoin
mining operation. This is based on
the current daily reward
of 0.00630762
Bitcoin
(or $ 255.30
per day)
per 1,000 TH/s.* For
50,000
TH/s, this would equate to 0.31538119
Bitcoin
(or
$12,765.05**)
per day with a daily expected cost of $2,850
-$3,000.
The
Bitcoin
Mining Operation launched
in May
2021 with the bulk of the initial mining equipment expected to
arrive in September 2021.
* See
NovaBlock
for
additional information on current and updated
reward
payouts. https://novablock.com/calculator
**Based on Bitcoin
price of $40,475.00
and a
difficulty setting of 19932791027262.74
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, Florida,
and can be contacted at www.thegraystonecompany.com or by phone at
(954) 271-2704.
Corporate
Website: www.thegraystonecompany.com
Twitter
(Corporate): https://twitter.com/TheGraystoneco
Twitter
(Mining): https://twitter.com/Graystonemining
YouTube:
https://www.youtube.com/channel/UCx1DkmPk_g0OImUmsXxVnvw
Facebook:
https://www.facebook.com/thegraystonecompany
Bitcoin
Wallet Address: https://www.blockchain.com/btc/address/32nWKSce24EPUGXnkfqVdvUyWbrVUmwpAr
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