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Canada Computational Unlimited (TSXV:SATO) increases hashrate by 3.7x

Cryptocurrency
TSXV:SATO
26 January 2022 16:30 (EDT)
Canada Computational Unlimited - CEO, Romain Nouzareth.

Source: The Asian Banker.

Canada Computational (SATO) has increased its hashrate by 269 per cent YoY.

Its production power rose from 63.65 PH/s to 235 PH/s since December 2020.

It recently invested C$4M in current and future infrastructure, which is up 231 per cent since December 2020.

It has mined 492 Bitcoin since 2017 and 57 ETH in 2021 using 100-per-cent renewable energy.

Current YoY revenue projections stand at 220 per cent.

“The recent findings and our investment in infrastructure demonstrate that we are continuing to hit our targets and building shareholder value,” stated Romain Nouzareth, Canada Computational’s Chairman and CEO.

“The fact we were able to navigate through all the market volatility and stay on track is a testament to our team and determination, and of course our shareholders and their confidence and support,” he added.

Canada Computational Unlimited is a carbon-neutral Bitcoin mining centre.

Canada Computational (SATO) closed up by 8.57 per cent trading at $0.76 per share.

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