|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.0800 - 0.1003|
|52 Week Range||0.0800 - 1.4345|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Block One Capital Inc. (BLOK.V) (BKPPF) (ES3.F) (the “Company” or “Block One”), an investment company focused on high growth opportunities in the blockchain sector, is pleased to announce that it has signed a definitive agreement (the “Agreement”) with HashChain Technology Inc. (KASH.V) (HSSHF) (“HashChain”) for the sale to HashChain of its 90% interest in TG12 Ventures Inc. (“TG12”). Block One has agreed to voluntarily escrow its HashChain Shares, whereby 30% of its shares will be released 60 days following the closing date, and 30% will be released 90 days following the closing date. A total of 40% of Block One’s HashChain Shares will not be subject to any voluntary escrow. The transaction is subject to customary closing conditions, including the completion of satisfactory due diligence by HashChain and the receipt of TSX Venture Exchange approval. Closing is expected to occur as soon as possible after the closing conditions are satisfied.
HashChain is a global blockchain company with cryptocurrency mining, accounting, and Masternode hosting services that began operations on November 3, 2017 and subsequently listed for trading on the TSX Venture Exchange on December 18, 2017 . As of February 28, 2018 , the Company had two wholly owned subsidiaries, HashChain Mining LLC and Global Crypto Public Accounting Ltd. Total Company assets increased to $38,278,744 as of February 28, 2018 from $4,405,916 at November 30, 2017 .
HashChain Technology Enters Binding Agreement Increasing Mining Operations to estimated 15 Megawatts
The HashChain Shares will be subject to escrow whereby 40% of the HashChain Shares will be released on the closing date of the acquisition (the "Closing Date"), 30% of the HashChain Shares will be released 60 days following the Closing Date and the remaining 30% of the HashChain Shares will be released 90 days following the Closing Date. The acquisition is subject to the approval of the TSX Venture Exchange. Currently, 100 of the rigs are resident in the Company's Montana, USA mining facility ("Montana Facility"), and the other 900 will arrive and be deployed by the end of May 2018 .
HashChain Technology Confirms There are no Material Changes to the Recent Increase in Market Activity
HashChain Technology Receives Shipment of 3,000 Cryptocurrency Mining Rigs in Montana Facility
HashChain Technology Provides Update on Cryptocurrency Mining Operations; Mines Nearly 5 Bitcoin and 4 Dash a Week
OTCQB: HSSHF) today announced the Company mined 4.97 Bitcoin and 3.89 Dash from March 8 through March 14, 2018. According to coinmarketcap.com on March 28, 2018, Bitcoin and Dash were valued at CAD $10,423 and CAD $473, respectively. The mined value of Bitcoin at that price equates to CAD $51,802, and the mined amount of Dash at that price equates to CAD $1,840, for a gross value of CAD $53,642 over seven days for the Company.
HashChain Technology Votes to Promote Dash Cryptocurrency Awareness Initiatives in Brazil, Venezuela and Africa
OTCQB: HSSHF) today announced their vote to approve Dash proposals designed to help establish the cryptocurrency's presence and build awareness in Brazil, Venezuela and Africa. HashChain holds a Dash masternode that grants the Company voting privileges on budget proposals funded by the Dash treasury and important decisions that affect the currency. HashChain also recently voted on two other Dash proposals to build a Dash Academy, and develop a retail payment system in the UK.
HashChain Technology Enhances Cryptocurrency Tax Software with Support for the Gemini Exchange and for Cross-wallet Transactions
OTCQB: HSSHF) ("HashChain" or the "Company") today announced that its Balance cryptocurrency accounting software, adds support for Gemini, a New York State licensed and regulated digital asset exchange, and provides additional support for transactions that span multiple wallets of digital currency holders. With these enhancements, HashChain continues to advance the software. Balance is a Software-as-a-Service (SaaS) offering that allows cryptocurrency users to meet tax requirements in their respective countries by analyzing the blockchain to report capital gains and losses for Bitcoin, Bitcoin Cash, Ethereum, Litecoin and DASH.
OTCQB: HSSHF) ("HashChain" or the "Company") today announced the deployment of 770 mining Rigs ("Rigs"). This brings the Company's total number of operating Rigs to 870, and a total of 1.23 megawatts (MW) towards cryptocurrency mining. This latest installation demonstrates continued momentum for the Company and brings the first Rigs online in the 20 MW mining facility in Montana, USA ("Montana Facility"). As previously disclosed, an additional purchase order for 3,000 Rigs has been completed with the manufacturer, with the first shipment of 2,000 expected to arrive at the end of March followed by 1,000 expected at the end of April. Upon deployment of all the 3,000 purchased Rigs, HashChain will have a total of 3,870 Rigs in operation and be mining with approximately 5.8 MW of power.
HashChain Technology Deploys 770 Mining Rigs for a Total of 1.23 Megawatts and Continues to Evolve as a Blockchain Company
Introduced in 2009, Bitcoin was the first decentralized digital currency. One Bitcoin was worth roughly $0.003 in early 2010, according to Coinmarketcap.com data. By September of 2017, the Bitcoin / dollar exchange rate had climbed to over $4,000.
OTCQB: HSSHF), who acquired the assets of NODE40, LLC on January 30, 2018, today announced their blockchain accounting software, NODE40 Balance, is expanding its services to meet the needs of global cryptocurrency investors as many countries tighten their tax laws around cryptocurrency transactions. NODE40 Balance is available to cryptocurrency users around the globe. Node40 Balance is a Software-as-a-Service (SAAS) that helps cryptocurrency users to meet tax requirements in their respective countries by analyzing the blockchain to retroactively report capital gains and losses for Bitcoin, Bitcoin Cash, Ethereum, Litecoin and DASH.
OTCQB: HSSHF) today announces they voted affirmatively on a series of Dash proposals engineered to establish and promote DASH cryptocurrency as the future of global payments. HashChain holds a masternode in Dash that allows the Company voting privileges on budget proposals paid for by Dash's treasury, or important decisions that affect the currency. DASH is a form of "Digital Cash" providing realistic, reliable, digital cash solution for the global economy.
OTCQB: HSSHF), is pleased to provide updates to its Blockchain-related businesses including cryptocurrency mining, DASH masternode ownership, cryptocurrency accounting software, and masternode hosting service. HashChain is operating 100 cryptocurrency mining Rigs ("Rigs") from their Vancouver data center, with an additional 770 Rigs currently being configured at the Company's 20-megawatt (MW) Montana, USA facility ("Montana Facility"). As previously disclosed, the Company has also purchased 3,000 Rigs, which will be received at the Montana Facility in two shipments of 2,000 and 1,000 by end of March and April, respectively.
HashChain Technology has completed its Acquisition of Established Blockchain Technology Company NODE40
VANCOUVER, Feb. 15, 2018 /PRNewswire/ - HashChain Technology Inc. (KASH.V) (HSSHF) ("HashChain" or the "Company") is pleased to announce it has completed its previously announced acquisition of the assets of blockchain technology company, NODE40, LLC, (the "NODE40 Business" or NODE40) which includes a team of experienced blockchain experts and software engineers. This acquisition marks HashChain's initial move to diversify its crypto-currency mining strategy with blockchain based solutions.
OTCQB: HSSHF) is pleased to announce that today its management team opened the trading day for TSX Venture Exchange (TSXV). "Opening the market is an excellent opportunity to reflect on the significant execution of the company's strategies and the accomplishments we have achieved since being listed on TSXV in December 2017," said Patrick Gray, CEO and Founder of HashChain. "We met our ambitious goals by aggressively expanding mining operations as well as growing the company beyond mining to include other important blockchain technologies like NODE40.