Coin Citadel OTC Pink - CCTL ("Coin Citadel Mining")
Coin Citadel has a small cryptocurrency mining operation located in Upstate NY, with additional access to 80 Mega Watts of power for expansion at another leased facility in Illinois.
By: Coin Citadel
PLATTSBURGH, N.Y. - May 8, 2020 - PRLog -- Coin Citadel provides a company update about the bitcoin mining industry in anticipation of the Bitcoin halvening next week. Due to our low cost of power, Coin Citadel will be able to continue to mine Bitcoin and other digital currencies moving forward despite the block reward reduction, so continued mining through 2024 will still be profitable.
The company is also working on releasing its 2019 financials. This will complete 3 years of current financials thus affording it the opportunity to bring the company current with OTC Markets.
About Coin Citadel
The Company owns and operates computing centers that power the global decentralized financial economy. Coin Citadel provides computing power to cryptocurrency networks such as Bitcoin, earning fees from each network for securing and processing transactions. Powered by clean and competitively priced hydroelectricity. Coin Citadel's experienced management team has been in the Bitcoin mining industry since 2014. CCTL is focused on building infrastructure for the future of digital currencies.
For more information on the Company, please visit: https://www.coincitadel.net
This press release contains forward–looking statements. The words or phrases "would be," "will allow," "intends to," "will likely result," "are expected to," "will continue," "is anticipated,"