Company aims to disrupt the disruptive world of crypto
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Cryptocurrencies have captured the imagination of a segment of investors and sent their valuations soaring, particularly in this world of turbo-charged inflation.
But cryptocurrencies are also extremely volatile, which makes Creek Road Miners’ (CRKR.OTC) diversified, environmentally friendly strategy for “mining” a variety of cryptocurrencies a potential game changer for the industry.
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Think cryptocurrencies are a flash in the pan?
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Consider these comments on crypto:
“Cryptocurrency is the fuel for the blockchain. That's how the blockchain runs. What I invest in is things that are disrupting. And for me — bitcoin, digital currencies, cryptocurrencies, blockchain — are one of the biggest opportunities we have in our generation.” — Brian Kelly, CNBC Fast Money trader
“I believe we are heading into a new age in which blockchain technology is going to provide a significant level of a digital currency that will have consumer applications.” — Howard Schultz, CEO of Starbucks
No, cryptocurrencies are clearly here to stay in some form, and there’s no doubt that Bitcoin, Ethereum and the like have already made fortunes for some investors.
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But their notorious volatility has also generated a lot of heartache for those with the misfortune of entering into the sector at the wrong time.
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What’s more, investing in companies that “mine” for cryptocurrencies is also fraught with risk, as the powerful computers they use to run algorithms to unlock blocks of those currencies use so much power that profit margins are wasted away.
That’s why Creek Road Miners Inc. (CRKR: OTC) has the potential to be such a game changer for the industry.
As you’re about to see, it has an environmentally and cost friendly way to power its mining computers, one that offers multiple layers of diversification to help mitigate volatility.
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A New Entrant Into One Of
Investing’s Hottest Sectors
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There’s no doubt that cryptocurrencies are a hot sector.
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Led by Bitcoin, this segment has exploded to include hundreds of cryptocurrencies and other products based on blockchain technology.
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Essentially, blockchain is a technology that creates a unique ledger entry for an item, one that’s dispersed across computers in a peer-to-peer network.
Those attributes make cryptocurrencies difficult to hack. Blockchain technology also allows them to limit the number of available units of currency, so they can be an inflation hedge.
In addition, in a blow to banks and the fiat currencies of governments, cryptocurrencies can facilitate transactions across the planet without the typical middlemen exacting their pound of flesh.
We still have a ways to go before one or more cryptocurrencies replaces fiat currencies, but with inflation rearing its ugly head, that day may come sooner than we think.
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A Vertically Integrated Strategy
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Into this promising sector comes Creek Road Miners, Inc., which has a vertically integrated strategy to mine for cryptocurrencies.
As mentioned, the computers used to pry new units of cryptocurrencies from the blockchain require so much power that the value of new units gets eaten up in the process.
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With a management team that has a background in the oil and gas industry, Creek Road is level-set on solving that problem by locking up stranded natural gas sources, as well as wind and solar, to provide a cheaper source of energy for the “mining” process.
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The proof of concept is already up and running in St. Charles Parish, Louisiana. Creek Road has loaded a specialized container filled with powerful computers onto a barge and parked it near an oil and gas field.
Because “stranded” gas is natural gas that would normally be burned off rather than sent to a pipeline, Creek Road is getting a dramatically lower price for the gas, which is in turn driving the turbine that’s feeding the electricity to the computers in the container.
It’s an elegant solution to a thorny problem for companies looking to mine for cryptocurrencies.
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Diversified On Many Levels
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It’s also a diversified solution on many levels.
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• First, it offers geographic diversification, as these mining units can be set up anywhere there’s an available energy source.
• Next, it offers cryptocurrency diversification, because Creek Road’s cheaper energy costs allow it to cost-effectively mine the currencies with the most momentum.
• Plus, because in many cases Creek Road will strive to own the oil and gas lease adjacent to its project, it will have the opportunity to defray mining costs by selling those commodities.
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And the best part? Creek Road’s strategy can smooth that volatility by mining currencies that it can afford to hold, thanks to those reduced energy costs.
Between being able to hold the currencies for a favorable trading market and being able to mine more than one currency, Creek Road Miners Inc. offers a more risk-protected way to invest in crypto.
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Again, the proof of concept is just getting up and running, but Creek Road Miners Inc., is actively evaluating new oil and gas deals to power its next projects.
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Simply put, this is a chance to get in on the ground floor of a cryptocurrency mining strategy that could revolutionize the industry.
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Thus, for maximum potential, this is the time to conduct due diligence on Creek Road Miners Inc. (CRKR.OTC).
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Warnings and Disclaimers: As you know, every investment entails risk. Golden Opportunities hasn’t researched and cannot assess the suitability of any investments mentioned or advertised by our advertisers. We recommend you conduct your own due diligence and consult with your financial adviser before entering into any type of financial investment. This profile should be viewed as a paid advertisement. The publisher and staff of this publication may hold positions in the securities of companies discussed or recommended. The information contained herein has been received from sources which the publisher deems reliable. However, the publisher cannot guarantee that such information is complete and true in all respects. The advertiser provided a review of the factual content of this advertisement at the time of publication. The publisher is not a registered investment adviser and does not purport to offer personalized investment related advice; the publisher does not determine the suitability of advice and recommendations contained herein for any reader. Each person must separately determine whether such advice and recommendations are suitable and whether they fit within such person’s goals and portfolio. The advertiser featured in this edition of Golden Opportunities has paid the publisher for the costs and compensation related to the authorship, overhead, design and distributing this online edition, in the amount of $7,500. The publisher may receive revenue, the amount of which cannot be predetermined, from sales resulting from any accompanying offer. Authors of articles contained herein may have been compensated for their services in preparing such articles.
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