mej gets priceless publicity

The Coindesk news site has just published the Macro Energy/digitalBTC/Bitfury news and expanded on it, - in this story that will be seen by millions of bitcoin enthusiasts around the world.

(MEJ director) "Abiodun* added that CloudHashing.com expects to generate $7.5m-$10m worth of bitcoins a month."

DigitalBTC points out that about 40% of the bitcoins so far produced were mined with BitFury chips. Furthermore it states that the hardware it acquired has secured it a “significant proportion” of the current bitcoin mining network, thus making digitalBTC one of the largest bitcoin mining operations in the world.

http://www.coindesk.com/digitalbtc-signs-bitcoin-mining-hardware-deal-bitfury/

I think this is fabulous publicity for MEJ. Abiodun* is the creator of CloudHashing.com. His experience with JP Morgan and HSBC is invaluable in terms of understanding how the big investment banks work. He would know a lot of people in high places.

Its interesting that this story is an expansion of the basic ASX announcement of 3rd April. But adds more detail for foreign interest. I like the bit where it describes digitalBTC as Australia's first listed bitcoin company. If that doesn't spike some foreign interest nothing will.

http://www.coindesk.com/digitalbtc-signs-bitcoin-mining-hardware-deal-bitfury/

Also, it will be interesting to see if there is any reaction here today. It will be a weak market day. (Dow down 166).

I think this is one of the best assembly of technology, staff, properly financed, enthusiast teams I have ever seen.