Timing Is Everything At Sun Kissed Industries, Inc.’s (OTC: SKDI) Numuni Subsidiary As Cryptocurrency Values Rise, Numuni Sees Leadership Role Executing Phase 2 Revenue Generation In Cryptocurrency Hash Mining Ecosystem

Timing is everything at Sun Kissed Industries, Inc.’s (OTC: SKDI) Numuni subsidiary as the financial industry sees cryptocurrency such as Bitcoin rise in value and institutional investors raise their interest in alternative currencies. Numuni in entering its Phase 2 revenue generation strategy, now is achieving an optimum profile in executing its distributed computational platform. Numuni has partnered 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 of the world’s largest hash power and cryptocurrency marketplace, capable of buying as much computer processing power as Numuni can produce.

The high technology market has drawn intense interest from media companies. stockmarketpress.com features specialized coverage of related stocks such as Sun Kissed Industries, Inc. (OTC: SKDI), Amazon (NASDAQ: AMZN), IBM (NYSE: IBM), MasterCard (NYSE: MA),  Charlotte’s Web (CSE: CWEB), Cronos Group (NASDAQ: CRON), GW Pharmaceuticals PLC (NASDAQ: GWPH), Aurora Cannabis Inc. (NYSE:ACB) (TSX: ACB), Supreme Cannabis Co. (OTC: SPRWF), Colgate Palmolive (NYSE: CL), Akerna Corp. (NASDAQ: KERN), INSYS Therapeutics, Inc. (NASDAQ: INSY), cbdMD (NYSE: YCBD), Joy Organics (NASDAQ: JOYG), Nividia (NASDAQ: NVDA), CME Group (NASDAQ: CME) and Canopy Growth Corp. (NYSE: CGC).

Timing Is Everything At Sun Kissed Industries, Inc.’s (OTC: SKDI) Numuni Subsidiary As Cryptocurrency Values Rise, Numuni Sees Leadership Role Executing Phase 2 Revenue Generation In Cryptocurrency Hash Mining Ecosystem

Cryptocurrency Bitcoin reached some $11,000 in value last week, with some analysts saying it could attain $12,000 and higher in the period ahead. Already, institutional investors have expressed renewed interest in the higher valuations. Traders are watching what they still term an immature market grow. At the same time, Numuni is partnering with major players in the hash mining cryptocurrency ecosystem. Timing Is Everything At Sun Kissed Industries, Inc.’s (OTC: SKDI) Numuni Subsidiary As Cryptocurrency Values Rise, Numuni Sees Leadership Role Executing Phase 2 Revenue Generation In Cryptocurrency Hash Mining Ecosystem.

Turning The Crypto Mining Industry ‘Upside Down’

Robert Reynolds, CEO of Numuni. said, “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.” Clearly, Reynolds is eyeing the aggressive upside that Allied Market Research sees for the global GPU market. 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.

NiceHash To Buy Numuni’s Computer Processing Power

Together, both Numuni and NiceHash see ‘surging revenues’ throughout their partnership. NiceHash parent H-BIT d.o.o. was founded in 2014 in Slovenia. It has massive hashing power. Numuni 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.

Reynolds 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. Timing Is Everything At Sun Kissed Industries, Inc.’s (OTC: SKDI) Numuni Subsidiary As Cryptocurrency Values Rise, Numuni Sees Leadership Role Executing Phase 2 Revenue Generation In Cryptocurrency Hash Mining Ecosystem.

Reynolds 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. Timing Is Everything At Sun Kissed Industries, Inc.’s (OTC: SKDI) Numuni Subsidiary As Cryptocurrency Values Rise, Numuni Sees Leadership Role Executing Phase 2 Revenue Generation In Cryptocurrency Hash Mining Ecosystem.

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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