GD Entertainment & Technology (OTC: GDET) is a result driven, blockchain-oriented company focused on becoming a premier Cryptocurrency mining facility.
GDET will build and manage a Cryptocurrency mining colocation and mining facility that is client-focused and dedicated to creating a new standard in the Blockchain space based on security and transparency.
GDET has also developed a strong relationship with suppliers overseas to ensure future purchasing.
Cryptocurrency Mining & Platform Services
GDET offers smart investing in mining. As an experienced team of experts, we provide a full range of services related to mining: from supply of equipment to mining pool services, thus giving our partners an opportunity to work in an autonomous system.
Industrial Smart Mining
The value of GDET is based on the smart mining model where every investor, partner and third party participant has a chance to get access to industrial mining with the newest equipment, ground-breaking software, and a low electricity rates.
The digital currency is still expected to make waves and grow tremendously, which could throw the spotlight on GD Entertainment And Technology (OTC: GDET), a leader in cryptocurrency mining and mining colocation services.
People have already made bonafide fortunes buying, selling, and mining bitcoin and the profit train may be far from running out of steam.
Despite bitcoin pulling back after a colossal run in 2017, bitcoin enthusiasts still believe the cryptocurrency will be able to hit new highs consistently during the 2nd half of this year.
Bitcoin, as well as blockchain (a transaction ledger that maintains identical copies across each member computer within a network), is being forecast as the Next Big Thing for the future.
For an idea of just how big blockchain may become, David Marcus, a vice president at Facebook, recently said he was stepping down from the board of directors at cryptocurrency exchange Coinbase. Instead he will be leading Facebook’s blockchain strategy. When you have the biggest social media company jumping on the blockchain bandwagon, it speaks in volumes of what hopes big companies have for this arena.
GD Entertainment and Technology (GDET) is focused on becoming a premiere cryptocurrency mining facility by building and managing a cryptocurrency mining colocation and mining facility that is client-focused and dedicated to creating a new standard in the blockchain space based on security and transparency.
GDET is offering smart investing in mining, providing a full range of services related to mining: from supply of equipment to mining pool services, thus giving their partners an opportunity to work in an autonomous system. GD Entertainment and Technology has also developed a strong relationship with suppliers overseas to ensure future purchasing.
This past July, the company received permanent regulatory permission to continue full-scale cryptocurrency mining operations in the New Jersey borough where the company has established its primary operational base.
CEO Mr. Anil Idnani had initially approached Town Hall representatives earlier this year to discuss the details of the mining operation, including a pending upgrade of its facility to allow for massive mining operations, where he was met with welcomed support.
The permanent Certificate of Occupancy was an important initial step that now clears the way for an aggressive path forward for the Company.
It was also in July that the company announced a major power upgrade to its primary New Jersey Cryptocurrency mining facility centered on a complete overhaul of the facility’s electric capacity. The net result of the upgrade is a 100% increase in total power capacity from 400 amps to 800 amps at the facility.
GDET CEO, Anil Idnani, commented:
“We are ramping up capacity right on schedule, and already benefitting from tremendous market conditions. Bitcoin prices are on the march higher, adding over $40 billion in market cap since we began full-scale mining operations in June. This facility upgrade will add to the tremendous performance we have already seen, and put us in an even better position to capitalize on the positive market dynamic.”
More recently the company has introduced an augmented shareholder communications initiative to grant current and prospective shareholders improved clarity into its business plans, operational performance, and growth strategy, and to advance general investor knowledge about the company and its objectives.
The impetus behind this initiative is a combination of GD Entertainment and Technology’s strong advocacy of transparency paired with a dramatic increase in shareholder inquiries in response to the company’s recent positive strides in its Bitcoin mining operations as well as the Company’s recently completed major upgrade to its primary New Jersey Cryptocurrency mining facility.
Source: https://gdet.co/
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