LONDON, August 15, 2018 /PRNewswire/ --
Upon receiving recent substantial funding, Squire Mining
Limited, a listed issuer on the Canadian Stock Exchange
("Squire"), is now engaged in the business of developing,
manufacturing and selling data mining infrastructure and system
technology (including ASIC chips and mining rigs) to support the
mining of Bitcoin BCH and other alt coins such as
coins using Segwit Technology. Specifically, the investment
proceeds will be used to fund the design, development, testing and
mass production of Squire's next generation ASIC chip and mining
rigs for Bitcoin BCH and some Altcoins. This
next generation equipment is being designed with a projected hash
rate that is expected to be significantly faster while utilizing
less power than the leading crypto-mining equipment
currently available on the market today.
Moreover, Squire has also entered into an exclusive distributor
agreement with associates of Bitcoin BCH's largest mining
company, CoinGeek.com which will be granted the exclusive right to
market, promote, solicit, sell and distribute Squire's new ASIC
chips and mining rigs to Bitcoin BCH and other alt coin
miners throughout the world. All marketing will be done under
the CoinGeek.com brand. Initial sales will favour miners of
Bitcoin BCH, due to the social benefits of this cryptocurrency's
utility as digital money and its unique ability as the only
platform that scales and is secure for the development of
applications needing microtransactions.
Bitcoin BCH is the world's
only functional low-cost, fast,
secure digital money and the
only cryptocurrency that adheres to the original
Satoshi Nakamoto white paper.
Average transaction costs on Bitcoin BCH are $0.002 compared with $2.00 when using
the non-scaling Segwit token system and subject
to a 2-4% commission for transactions on the Visa network.
CoinGeek will have a booth at the CoinGeek.com week conference
on the last week of November and all Enterprise level Miners are
invited to come to this event to meet with us and discuss how this
product can improve your business.
NB: Details on CoinGeek Week Conference in
London this November
& how to join the (free) bComm Association.
SOURCE CoinGeek.com