Whether Bitcoin Reaches $20,000 In Value Or Falls To Lower Levels, Sun Kissed Industries, Inc.’s Numuni Subsidiary Wins As Cryptocurrency Attracts More Interest From Hash Miners, Investors

As Bitcoin’s valuation hovers at around $11,000, speculation about it reaching $20,000 or falling has drawn interest from hash miners, investors and other institutional analysts. Either way, Sun Kissed Industries, Inc.’s (OTC: SKDI) Numuni Subsidiary wins  as it enters Phase 2 with its recent strategic partnerships. They include its execution of its distributed computational platform with 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. The result is Numuni has raised its profile in the cryptocurrency ecosystem.

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).

Whether Bitcoin Reaches $20,000 In Value Or Falls To Earlier Levels, Sun Kissed Industries, Inc.’s (OTC: SKDI) Numuni Subsidiary Wins As Cryptocurrency Attracts More Interest From Hash Miners, Investors

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. 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. Whether Bitcoin Reaches $20,000 In Value Or Falls To Lower Levels, Sun Kissed Industries, Inc.’s (OTC: SKDI) Numuni Subsidiary Wins As Cryptocurrency Attracts More Interest From Hash Miners, Investors.

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.

Complex Computational Calculations

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. Whether Bitcoin Reaches $20,000 In Value Or Falls To Lower Levels, Sun Kissed Industries, Inc.’s (OTC: SKDI) Numuni Subsidiary Wins As Cryptocurrency Attracts More Interest From Hash Miners, Investors.

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. Whether Bitcoin Reaches $20,000 In Value Or Falls To Lower Levels, Sun Kissed Industries, Inc.’s (OTC: SKDI) Numuni Subsidiary Wins As Cryptocurrency Attracts More Interest From Hash Miners, Investors.

SKDI Pursuing Technology Acquisitions

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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