Naerodynamics, Inc. Announces Initial Short-Term Projections
NASSAU, Bahamas, July 09, 2019 (GLOBE NEWSWIRE) -- Naerodynamics, Inc. ("NDYN" or the "Company") (OTC:NDYN) announced its short term projections today. The Company currently operates 8,588.51 TH/s of cloud-based ASIC mining which produces 0.35 Bitcoin per day. Cloud mining provides the company with exposure to the operating margins of digital currency mining without the need to maintain the equipment or pay for power. Once the Company acquires 100,000 TH/s, we will explore opportunities to build a data center in the United States.
The Company will reinvest the proceeds daily until September 30, 2019. After that, we intend to reinvest a portion of the proceeds and to dividend out to the shareholders the remaining amount. Shareholders can see the daily payouts from the mining operation on our website at .
The Company’s has completed its internal projections for reinvestment through September 30, 2019. These projections are based on a $11,000 Bitcoin price.
| Date | Anticipated TH/s | Expected Payout |
| July 30, 2019 | 16,901 TH/s | 0.70 BTC |
| August 31, 2019 | 36,265 TH/s | 1.50 BTC |
| September 30, 2019 | 87,258 TH/s | 3.61 BTC |
These projections represent the net proceeds after maintenance, power and pool fees. These projections are also based on past results which are not indicative of future results. BTC mining profitability is dependent on the price of BTC, block reward payout and mining difficulty, which are subject to change.
The current number of common shares outstanding for NDYN is 249,038,025 common shares and 2,000,000 shares of Series B Preferred. The current float is 18,074,680. (/stock/NDYN/security).
About Naerodynamics, Inc.
Naerodynamics, Inc. is a holding company that operates subsidiaries that sell Bitcoin mining equipment and mine bitcoin.
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Safe Harbor Statement
The information in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering, development and/or manufacturing programs, changes in product mix, development and production delays, and other factors beyond the Company's control. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Refer to the Company’s Risk Factors in its SEC filings and located on its website, .
Contact: Naerodynamics, Inc.
