Expert Collections containing ASIC Power Corporation
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
ASIC Power Corporation is included in 2 Expert Collections, including Semiconductors, Chips, and Advanced Electronics.
Semiconductors, Chips, and Advanced Electronics
Companies in the semiconductors & HPC space, including integrated device manufacturers (IDMs), fabless firms, semiconductor production equipment manufacturers, electronic design automation (EDA), advanced semiconductor material companies, and more
Companies in this collection build, apply, and analyze blockchain and cryptocurrency technologies for business or consumer use cases. Categories include blockchain infrastructure and development, crypto & DeFi, Web3, NFTs, gaming, supply chain, enterprise blockchain, and more.
Latest ASIC Power Corporation News
Sep 9, 2021
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Sept. 09, 2021 (GLOBE NEWSWIRE) -- Global Care Capital Inc. (CSE:HLTH, FRANKFURT: L6V2) (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 that its wholly owned subsidiary, ASIC Power Company (“ASIC”) received net income for the period from August 2nd until September 3rd, 2021 of 1.32779163 BTC equaling approximately $85,000 CAD with a current BTC price of $64,928.94 CAD per BTC as of September 6th 2021. Our daily average over the last 3 days amounted to 0.04023611. This is higher than the average in the prior months and due to a lower mining difficulty level in the first half of August and colder climate in the second half, allowing the ASIC miners to run at a higher speed. At the current price and mining level, the Company expects to break even within less than a year. The coins will be liquidated to FIAT. If Global Care successfully changes its status from Investment Issuer to Single Purpose Company, the royalty stream will be held in its treasury as part of a “HODL” strategy and not immediately converted to FIAT. Global Care also plans to utilize derivatives to hedge the Company’s spot position. 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 streaming contracts globally. For more information and to register to ASIC’s mailing list and follow @asicpower on Twitter. 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. Cautionary Note All information contained in this news release with respect to ASIC was supplied by ASIC for inclusion herein, and Global Care’s 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 Company’s disclosure documents which can be found under the Company’s profile on www.sedar.com
ASIC Power Corporation Frequently Asked Questions (FAQ)
Where is ASIC Power Corporation's headquarters?
ASIC Power Corporation's headquarters is located at Vancouver.
What is ASIC Power Corporation's latest funding round?
ASIC Power Corporation's latest funding round is Acq - Fin.
Who are the investors of ASIC Power Corporation?
Investors of ASIC Power Corporation include Global Care Capital.
Who are ASIC Power Corporation's competitors?
Competitors of ASIC Power Corporation include CoreWeave and 4 more.
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