Global Care Capital Portfolio Company, ASIC Power Company, Announces Completed Installation of the 208 Cloud Based ASIC Miners, Generating 16,640 TH/s

ID: 1566932
recent pressrelease next pressrelease

(businesspress24) -
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

May 10, 2021, Vancouver, BC - Global Care Capital Inc. (CSE: HLTH, FRANKFURT: L6V1) (the Company or Global Care) a global investment company which engages in early-stage investment opportunities in private and public companies, is pleased to announce an update for its 100% owned portfolio company, ASIC Power Company (ASIC). Further to the press releases dated February 4th, 2021, and April 8th, 2021, The 208 ASIC miners from MicroBT and equivalents generating 16,640 TH/s which ASIC financed have been successfully plugged in and installed at the hosting facility.

We are excited to generate our first revenue this month. With an energy price of $0.02 KW/h we are well positioned in the current market said Daniel Novak, Co-Founder and CEO of ASIC. With this being our first streaming deal in the cryptocurrency mining industry we are looking to further expand our business model and help miners fund their expansion.

About ASIC Power Company

ASIC gives mining companies access to its innovative cryptocurrency mining streaming contracts and chip pipeline through its partnerships with leading hardware producers. It intends to identify low cost, renewably powered mining operations to implement new financing strategies in the form of royalties and stream contracts globally.

For more information and to register to ASICs mailing list and follow (at)asicpower on Twitter.

Website: https://asicpower.com/

About Global Care

Global Care Capital is a global investment company which specializes in providing early-stage financing to private and public companies. The Company engages in new, early-stage investment opportunities in previously underdeveloped assets and obtaining positions in early-stage investment opportunities that adequately reflect the risk profile.

Website: https://globalcarecapital.com/



GLOBAL CARE CAPITAL INC.:

Company Contact:
Alex Somjen, President & CEO
604-687-2038
info(at)globalcarecapital.com

The CSE does not accept responsibility for the adequacy or accuracy of this release.

Cautionary Note

All information contained in this news release with respect to ASIC was supplied by ASIC for inclusion herein, and Global Cares directors and officers have relied on ASIC for such information.

Forward-Looking Information: This news release includes certain statements that may be deemed forward-looking statements. The use of any of the words anticipate, continue, estimate, expect, may, will, would, project, should, believe and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this News Release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Companys disclosure documents which can be found under the Companys profile on www.sedar.com




More information:
http:// https://



Keywords (optional):



Company information / Profile:

PressRelease by

Requests:





PressContact / Agency:



published by: irw
print pressrelease  send to a friend  

Date: 05/10/2021 - 02:01
Language: English
News-ID 1566932
Character count: 8833
Kontakt-Informationen:
Firma: Global Care Capital Inc.
Ansprechpartner: Feedback to businesspress24.com about Pressrelease-id:
Stadt: Wien
Telefon:

Meldungsart:
Versandart:
Freigabedatum:
Comments:



Number of hits: 229

Linking-Tips:



Direct Link to this PressRelease:






We would appreciate a link in your News-, Press- or Partner-Site.

Comments on this PressRelease






All members: 9 441
Register today: 0
Register yesterday: 0
Members online: 0
Guests online: 79


Don't have an account yet? You can create one. As registered user you have some advantages like theme manager, comments configuration and post comments with your name.