"Squire Mining" is a penny stock company, with no revenues. In most years, it had operating expenses around $10,000 - $150,000.
For many years, "Squire Mining" listed its business as literally mining for physical metals & minerals, like copper, gold, tungsten, etc
Then in August 2018, "Squire Mining" suddenly changed its listed business to say that it's now involved with mining Bitcoin & blockchain applications with ASIC chips.
Wow, what a change. From using shovels to mine for metals & minerals, to using ASIC chips to mine for Bitcoin.
Two months later (October 2018), Coingeek is promoting "Squire Mining", which claims that they now have an ASIC miner prototype, that is faster & more efficient than most commonly used crypto miners on the market, and they will deliver them to Coingeek in 2019.
"Squire Mining" also announced that Stefan Matthews is both the Chairman of nChain and director of Squire.
=================================
Squire's ASIC design apparently comes from "Aracore"
And the aracore.io website is shady as hell...
And the "About" page has blatant stock photos for team members..
Those are blatant stock photos...
Ryan Gosling is probably disappointed that his photo wasn't included on the team members page.
=================================
At this point, the penny stock company "Squire Mining" looks like a nChain shell company, acquired through reverse merger.
And it could easily be a pump & dump scam, designed to capture the media hype around "blockchain, Bitcoin, ASICs".
Which wouldn't be surprising, given that nChain's Chief Scientist Craig Wright ("Fake Satoshi") is a known fraudster.
 

50.0¢
0.0¢

No one has reviewed this piece of content yet