The
The company plans to grow its mining units to 300 by the end of 2022. For some perspective on what that means:
-GYST's hashrate would increase to 30,000 TH/s.
-At press time, using CryptoCompare that kind of power would produce 4.27 BTC per month equaling
-Subtract its stated operational fee of
-Project that over a year, that's over
A couple of other considerations when evaluating GYST's news include, its company website states its hashrate goal by 2024 is 1,000 PH/s which would require considerable growth beyond the 300 mining units. Including several more units which equals more revenue.
More importantly, these numbers are calculated at today's bitcoin prices. If you are bullish on bitcoin, GYST is a speculative parlay that has the potential to exponentially increase the profitability of your bet.
FINTECH EXPERTS PREDICT
Even after the big crypto selloff, 24 fintech experts in a roundtable hosted by Finder and updated on
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Other highlights from this panel on the future of Bitcoin include:
-Will BTC price drop if Fed raises interest rate?
No- 50%
Yes-19%
Unsure-31%
-Is now the time to Buy, Sell or Hold BTC?
Buy-61%
Hold 29%
Sell 10%
Companies like GYST will be major beneficiaries if these price predictions come to fruition, and so will its shareholders.
RECORD
KEVIN O'LEARY CHAMPIONS GREEN CRYPTO MINERS
Famous Investor
Read about GYST's Green Commitment: https://www.drpjournal.com/the-graystone-company-inc-otcmkts-gyst-esg-advantages/
KEY TAKEAWAY
With BTC and the industry at large at a bit of a low, now is the time to put companies with great news in your crosshairs. GYST belongs on your watchlist today.
Capital Gains Report's GYST Feature: https://capitalgainsreport.com/gyst-btc-miner-everyone-will-be-talking-about/
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