Canadian Securities Exchange (CSE)-listed public company Squire Mining Ltd., which will soon be known as CoinGeek Technologies Ltd., is gathering the best and brightest from the industry to establish an advisory board of experts. This move is to keep the company at the forefront of trends and at the cutting edge of the crypto space. To start it off, Squire has appointed two of the brightest minds in the industry, nChain CEO Jimmy Nguyen and nChain Chief Scientist Dr. Craig Wright.
This news comes less than two weeks after Squire Mining’s announcement that they have entered into an agreement with CoinGeek to purchase crypto mining assets consisting of 62,440 ASIC mining rigs, representing an estimated 960,000 terahash/s or about 90MW of power consumption. That agreement sets up Squire with the hardware to be the largest publically traded Bitcoin miner in the world, with assets in Canada, US and Kazakhstan.
With this new advisory board, they could not have started with two better men. Nguyen and Dr. Wright are among the leading proponents of Bitcoin SV (BSV), the only cyptocurrency to follow Satoshi Nakamoto original vision for Bitcoin.
This development from Squire Mining indicates the desire for more BSV expertise in the industry. As BSV is the only coin that can massively scale, and is already at 64MB blocks, it ensures transaction fees will remain low and ensure miner profits. Squire has found the expertise they need in Jimmy Nguyen and Dr. Craig Wright.
Squire’s announcement noted, “Jimmy and Craig are expected to provide Squire with invaluable insight and advice on current and future developments and trends in the Bitcoin SV ecosystem and the broader cryptocurrency and blockchain industries in general.”
When not advising Squire Mining, Jimmy Nguyen and Craig Wright are promoting and improving BSV. By making it a stable, scalable, secure and safe, they understand it has the best chance for adoption by business use. Furthermore, by encouraging mass adoption through beautiful simplicity, it is the only digital currency that has a serious chance of being the money of the future.
This is not the only new roles for Jimmy Nguyen and Craig Wright. nChain has just announced that Nguyen will be joining the new bComm Association as Founding President, with the goal of bringing together developers, merchants, exchanges, miners and other stakeholders in support of BSV.
nChain Group has also announced that they will also be creating a new Strategic Advisory Board, which Nguyen and Wright will also serve on.
The people at Squire Mining recognize that Jimmy Nguyen and Craight Wright are on the right track, and they want to be right there at the vanguard with them. We’ll see what happens next, now that the largest Bitcoin miner and two industry visionaries have joined forces.
New to Bitcoin? Check out CoinGeek’s Bitcoin for Beginners section, the ultimate resource guide to learn more about Bitcoin—as originally envisioned by Satoshi Nakamoto—and blockchain.