Breaking News - OTC: NDYN
Naerodynamics, Inc. Announces Initial Short-Term Projections
NASSAU, Bahamas, July 09, 2019 (GLOBE NEWSWIRE) -- Naerodynamics, Inc. ("NDYN" or the "Company") (OTC:NDYN) announced its short term projections today. The Company currently operates 8,588.51 TH/s of cloud-based ASIC mining which produces 0.35 Bitcoin per day. Cloud mining provides the company with exposure to the operating margins of digital currency mining without the need to maintain the equipment or pay for power. Once the Company acquires 100,000 TH/s, we will explore opportunities to build a data center in the United States.
The Company will reinvest the proceeds daily until September 30, 2019. After that, we intend to reinvest a portion of the proceeds and to dividend out to the shareholders the remaining amount. Shareholders can see the daily payouts from the mining operation on our website at https://www.naerodynamics.com/mining-results.
The Company’s has completed its internal projections for reinvestment through September 30, 2019. These projections are based on a $11,000 Bitcoin price.
These projections represent the net proceeds after maintenance, power and pool fees. These projections are also based on past results which are not indicative of future results. BTC mining profitability is dependent on the price of BTC, block reward payout and mining difficulty, which are subject to change.
The current number of common shares outstanding for NDYN is 249,038,025 common shares and 2,000,000 shares of Series B Preferred. The current float is 18,074,680. (https://www.otcmarkets.com/stock/NDYN/security).
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