Atlas Cloud placed To Be most up to date Cryptotech stock Of 2018

Atlas Cloud establishments Inc. (CSE: AKE) (XFRA: A49) (OTC: ATLEF) is a Vancouver-based excessive-tech business enterprise that offers tailor-made Colocation and flexible Cloud Computing alternatives for small and medium companies in Western Canada. however its also stepping into mining cryptocurrencies in a large manner, backed by means of a recent $14,000,000CA personal placement to cowl the charges of putting in place a Bitcoin mining facility in Washington that offers Atlas Cloud (CSE: AKE, OTC: ATLEF) a pinnacle SPOT in the eyes of buyers.

Led by a collection of tech pioneers, Atlas Cloud is setting the final touch to a Bitcoin records mining middle in furnish County, WA – close to the Hoover Dam – wherein it has negotiated a electricity charge of $zero.03 consistent with Kwh – one of the LOWEST energy prices in the international.

management reads like a Who’s Who of hello-tech;

Fred Stearman, President*

Our President and CEO Fred Stearman brings 30 years’ enjoy in the IT commercial enterprise to Atlas. He these days spent 5 years with Bell and the final two because the President of NextLayer previous to forming Atlas.

Mathew McKibbon, CBO**
As leader Blockchain Officer, Mathew leverages in-intensity know-how and palms-on experience mixed with an remarkable enterprise network. He co-founded D10e, the world’s main conference on decentralized technology, philosophies and social employer. A famend and prolific blockchain evangelist considering the fact that 2013.

Tim Lewis, CTO***
20 years of company infrastructure/safety/application design and development enjoy. middle skills consist of blockchain/consider-layer/protection utility development, records middle, community, system, protection, communications design, development, and deployment. A devoted bitcoin advise when you consider that inception.

Yana Popova, CFO*$

Yana Popova obtained a Bachelor of commerce at the college of Toronto. Ms. Popova was an accountant at a Toronto-primarily based service provider bank. She acted as an accountant to more than one public corporations, by and large currently a mining organization while it raised $one hundred forty five million and went thru a mine development.

Atlas Builds Bitcoin information middle

With coins in hand, Atlas Cloud acquires MKH electric powered city Holdings LLC in Washington, which owns a 6,six hundred rectangular foot facility in supply County, WA. The deal gave (CSE: AKE, OTC: ATLEF) a real boost in that it had a settlement for low-cost electricity that offers Atlas Cloud a competitive area in cryptocurrency mining while the records middle is entire. currently, Atlas’ records middle has a capacity of 3Mw with plans of expanding to 5Mw in the near future.

Cryptocurrency mining is a made up of racks of computer systems and that they suck electricity like there’s no the next day. but in Atlas Cloud’s case, $zero.03 in step with Mwh gives the organization an ability to make money on the unfold in cryptocurrency mining where others can’t… it just expenses them TO a lot.

three Mega Watts of devoted strength gives (CSE: AKE, OTC: ATLEF) the capability to host up to 1,seven hundred utility specific included Circuit (ASIC) mining servers. In 2019, the power capability can be expanded via 2MW – and Atlas Cloud is absolutely FUNDED to complete each stages of development.

rapidly after last its private placement and records middle acquisition, Atlas Cloud offered 1,000 Antminer S9’s (hardware) from Bitmain technologies Ltd. The Antminer S9 is taken into consideration to be the most powerful, power-green, and first-ever consumer grade bitcoin miner within the global.

The Cashflow of Bitcoin Mining

(CSE: AKE, OTC: ATLEF) stated in its January 24, 2018 information release on the acquisition of one thousand bitcoin miners that it might generate 1.52 Bitcoins in keeping with-day. currently, the quoted fee (intra-day, 04-17-18) for a bitcoin is $8,123.sixty six. however the 52-week unfold has been from $1,191 for an extremely low to $19,870. That makes the present day intra-day quote an amazing constant for measuring annualized cashflow from 1,000 Antminer S9s.

1.52 Bitcoins X 365 = 554.eight bitcoins

554.8 Bitcoins X $8,123.66 = $4,500,000

Babble, babble, babble… that’s what most cryptocurrency organizations do; communicate. but Atlas Cloud “Walks the walk” too, has all the coins it wishes, its personal datacenter, 1,000 Antminer S9s – and a sturdy control crew capable of producing sturdy RETURNS for its shareholders.