Sun Kissed Industries, Inc.’s Numuni Subsidiary Positions Itself For Leadership Role In Cryptocurrency Hash Mining Ecosystem, Eyes New Revenue Streams In Phase 2
Sun Kissed Industries, Inc.’s (OTC: SKDI) Numuni Subsidiary in the past week has aggressively positioned itself to generate new revenue Phase 2 sales as it pursues a leadership position in the cryptocurrency hash mining ecosystem by partnering with both H-BIT, d.o.o., parent of NiceHash and owner of site NiceHash.com, and Connekt Earning and its 1.8 million active users on its website ROCash.com. NiceHash is parent the world’s largest hash power and cryptocurrency marketplace, capable of buying as much computer processing power as Numuni can produce. Applying its monetization technology to Connekt’s active users is designed to generate an estimated gross revenue of $2,916,000 in the first year of the revenue partnership, by converting only 5% of the traffic.
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Sun Kissed Industries, Inc.’s (OTC: SKDI) Numuni Subsidiary Positions Itself For Leadership Role In Cryptocurrency Hash Mining Ecosystem, Eyes New Revenue Streams In Phase 2
“This is an additional avenue for Numuni revenue generation, expansion to Biotech research, data crunching and other lucrative series will put us at the forefront of the distributed computing industry” said Robert Reynolds, CEO of Numuni. “Our ability to collect massive amounts of computer processing power combined with NiceHash’s industry-leading marketplace is going to turn the crypto mining industry upside down.” Sun Kissed Industries, Inc.’s (OTC: SKDI) Numuni Subsidiary Positions Itself For Leadership Role In Cryptocurrency Hash Mining Ecosystem, Eyes New Revenue Streams In Phase 2.
NiceHash Is well Known Brand In Cryptocurrency Ecosystem
He explained that hash mining is the process of complex computational calculations used in cryptocurrencies and blockchains to generate coins and complete transactions. The hash mining process is an integral part of cryptocurrency and blockchain systems. The demand for hash power is through the roof because cryptocurrency and blockchain are growing at an exponential rate. NiceHash is the Number One marketplace in the world consisting of hundreds of thousands of GPU/CPU processing buyers and sellers, the company said. NiceHash is a well known brand among cryptocurrency miners and plays a vital role in the cryptocurrency ecosystem by indirectly creating new coins and providing validation of transactions on several different blockchains.
NiceHash To Buy Numuni’s Computer Processing Power
Together, both Numuni and NiceHas see ‘surging revenues’ throughout their partnership. NiceHash parent H-BIT d.o.o. was founded in 2014 in Slovenia. It has massive hashing power. The global GPU availability market Numuni targets for its digital media monetization program is projected by Allied Market Research to reach a value of $200.85 billion by 2027. That market was valued by Allied at $19.75 billion in 2019, the Company said. Sun Kissed Industries, Inc.’s (OTC: SKDI) Numuni Subsidiary Positions Itself For Leadership Role In Cryptocurrency Hash Mining Ecosystem, Eyes New Revenue Streams In Phase 2.
$2,916.000 In Gross Revenue Seen In The Partnership’s First Year
Numuni also sees NiceHash being able to purchase as much computer processing power as it can generate. In the deal with Connekt Earning, Numuni plans to begin monetizing the 1.8 million active users on Connekt’s flagship website NiceHash.com. Numuni estimates that by converting just 5% of Connekt’s traffic, it can acquire 367,800 new software users and generate an estimated $2,916,000 in gross revenue in the partnership’s first year. On a commission basis, Numuni’s Reynolds, CEO, estimates Connekt Earning could generate $2.1 million with Numuni making some $729,000 in forecasted net revenue. Sun Kissed Industries, Inc.’s (OTC: SKDI) Numuni Subsidiary Positions Itself For Leadership Role In Cryptocurrency Hash Mining Ecosystem, Eyes New Revenue Streams In Phase 2.
SKDI’s Aggressive M&A Strategy
Sun Kissed Industries, Inc. (OTC: SKDI) is an emerging leader in the CBD-based products market. It is pursuing technology acquisitions through an aggressive M&A strategy. It seeks to become a dominant player in a well-defined, high-growth niche. It is a leader in the digital content management, and online ad monetization technology. The company is pursuing meaningful acquisitions as part of an aggressive M&A strategy.
Source: Stock Market Press
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