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HUNTER ENERGY & ASX LISTED “IOT” SIGN UP FIRST TWO CRYPTO CURRENCY MINERS TO TURN HUNTER VALLEY INTO BILLION DOLLAR BLOCKCHAIN VALLEY!



# NEW DEAL WILL SECURE LONG TERM REVENUE & STRONG PROFIT STREAM FOR THE IOT GROUP (ASX:IOT)

HUNTER ENERGY & ASX LISTED “IOT”  SIGN UP FIRST TWO CRYPTO CURRENCY MINERS TO TURN HUNTER VALLEY INTO BILLION DOLLAR BLOCKCHAIN VALLEY!

 

# OVER $25,000,000 WORTH OF POWER SOLD IN FIRST DEAL FOR BLOCKCHAIN APPLICATION CENTRE (B.A.C.)

# HIGH DEMAND TO SECURE SPACE & CONTRACT POWER WITHIN THE IOT BLOCKCHAIN APPLICATION COMPLEX.

# NEW DEAL WILL SECURE LONG TERM REVENUE & STRONG PROFIT STREAM FOR THE IOT GROUP (ASX:IOT)

# 2.5 MEGAWATT PER YEAR FOR UP TO 9 YEARS FOR OVER 1,000 CRYPTO MINING MACHINES.

# SAN FRANCISCO’S SILICON VALLEY SET TO BECOME NSW’s BILLION DOLLAR BLOCKCHAIN VALLEY. 

# WORLD FIRST BLOCKCHAIN CENTRE TO BE ESTABLISHED IN HUNTER VALLEY making pre-Grid cost effective power prices to Blockchain operators a fraction of normal per kilowatt hour charges. 

 

Australian stock exchange listed The IOT Group (ASX:IOT has signed up two crypto currency mining companies to become tenants in  Australia’s first Blockchain Application Centre which will supply Blockchain operators with electricity at wholesale prices at Hunter Energy’s  recommissioned REDBANK POWER STATION.

 

Executive Director and Founder of IOT Group Limited: Sean Neylon says “The interest in our Blockchain Applications Complex has been extremely high. We welcome both companies and look forward to working with them. This deal will generate long term revenue and profit for IOT from the supply of power and the rental space within the BAC. It is expected that IOT will secure agreements for at least 10 megawatts of Power in Q2 of this year with further expansion on this during Q3 and Q4 2018. 10 mw of Power with contracts for up to 9 years generates long term revenue and profit for IOT and builds shareholder value in the company.”

TO INTERVIEW IOT GROUP FOUNDER & EXECUTIVE  DIRECTOR SEAN NEYLON email max@marksonsparks.com or call Max Markson +61 412 501 601

ABOUT THE BLOCKCHAIN To use conventional banking as an analogy, the Blockchain is like a full history of a financial institution's transactions, and each block is like an individual bank statement. As it is a distributed database system, serving as an open electronic ledger, a Blockchain can simplify business operations for all parties. For these reasons, the technology is attracting not only financial institutions and stock exchanges, but many others in the fields of music, diamonds, gold, power, insurance, and Internet of Things (IOT)devices. Advocates have also suggested that this kind of electronic ledger system could be usefully applied to voting systems, weapon or vehicle registrations by state governments, medical records, or even to confirm ownership of valuable items such as artwork.While banks and financial institutions were initially hesitant to explore these technologies, they have now started looking into how the Blockchain might provide generous cost savings by allowing back-office settlement systems to process trades, transfers and other transactions much faster.

 

How IOT Group Is Ready to Compete in Blockchain Mining
https://hadeplatform.com/articles/2018/04/24/how-iot-group-is-ready-to-compete-in-blockchain-mining


ABOUT THE IOT GROUP / HUNTER ENERGY INITIATIVE 

 IOT signs Agreement with Hunter Energy granting it the right to develop a Blockchain Applications Centre (BAC) behind the grid with direct transmission of power. The power is to be provided at wholesale pricing upon completing the recommissioning of the Power Station located in NSW.  Hunter Energy is proposing to recommission the Power Station over the next 12 months. Power at wholesale cost would make Blockchain related operations attractive in Australia

 IOT to be the first in Australia to offer pre-Grid, cost effective power prices to Blockchain operators.

 IOT has established IOT Blockchain Advisory Service Pty. Ltd. to monetise Blockchain opportunities within Australia.

 It’s  a Power Station - NSW has no Power..see Hunter Energy www.hunterenergy.com.au  It was built in 2001  delivers 150 mega watts. Its small but effective.

 IOT Placing a BAC (Blockchain Applications Centre) First in the world to put a Blockchain Centre before the Grid..before Grid, Poles, energy retailers.The average consumer pays around 28 cents per kilowatt hour..With what IOT are doing its pre grid is 8 cents and will be 5 cents at night time.

 Cryptocurrency bitcoin miners will come to Australia now and spend billions because there is cost effective power.There are no Crypto miners in Australia currently because POWER is too expensive. To make Crypto mining work you need cheap power and IOT will change that.IOT has created the biggest and only opportunity for global Crypto miners to come to Australia.

 Hunter Valley, as well as coal and Vineyards, now it can also be the biggest TECH location in Australia – just like Silicon Valley. 
 IOT will build a 2 hectare commercial premises facility at the Hunter Energy Power station to house blockchain and data centres.
 Creating new employment, new housing, restaurants, coffee shops, restaurants and business for the Hunter Valley.
 Statistically, of all the DATA produced to date some 90 % has been produced in the last two years. IOT and others need to build massive Data centres and the HUNTER VALLEY will be the hottest place in the world for the Global Crypto billionaires.
 Australia has Sovereignty. Meaning a stable Government. The Government 100% support and guarantee Australia’s local Banks. Our democracy is stable and supports development. A great place for global billion dollar Blockchain and Crypto companies to build, bring their head office’s and deploy.

The new recommissioned power station will provide another 150Megs to the grid and power up Blockchain and Crypto – Bitcoin in the Hunter Valley creating the largest Tech area in Australia. Hunter Energy will transform, build Tesla Battery, will build Solar energy and renewable energy. Hunter Energy aims to build green energy over the next three years.