PRESS RELEASES

HOT OFF THE PRESS

Bluesky Digital Assets Corp., Announces Fifth Deployment of Advanced ASIC Mining Machines

May 12th, 2020

Bluesky Digital Assets Corp., (CSE: BTC), (CSE: BTC.PR.A), (OTC Pink: BTCWF), (“Bluesky” or the “Corporation”) is pleased to announce today an additional deployment of advanced ASIC mining machines in line with our continuing expansion strategy. Bluesky is deploying an additional $230,000.00 CDN advanced ASIC mining machines. The ASIC machines will all be online and operational within two days. The deployment potentially positions Bluesky in seeing a potentially significant impact on revenues that should be reportable in the Corporation’s Q2 2020 financial results.


Mr. Ben Gelfand / CEO stated: “While the digital asset vertical is both awaiting and anticipating the results from the completion of near term and future events like the change to Bitcoin from ‘The Halving’, we are strategically continuing to grow our business in this changing environment as we expand our capability and increase our active mining operations. We believe we are positioned well for the coming change to Bitcoin ’The Halving’ by continuing to deploy our select clusters of Mining Assets which have been built around astutely purchased ASIC miners and a highly customized GPU based mining architecture which has been optimized to maximum efficiency using advanced techniques by Bluesky. Our advanced hardware customization efforts, along with the proprietary purpose built creation of dedicated mining rigs, continue to demonstrate in production an increase of hashing capability of approximately 20% over standard specifications while at the same time demonstrating a trend of beneficial decreased power consumption per custom rig deployment in the range of 20% lower than industry standard numbers. Our advanced hardware and software customizations allows our mining rigs to operate very efficiently, and these efficiencies, in turn, stands to position Bluesky’s mining assets with better hashing capability than industry norms, while at the same time using less power than industry standards, therefore potentially increasing revenue capability over competitors, and at the same time, decrease the costs associated with delivering that mined revenue. Our current ongoing expansion efforts have embraced a dollar cost averaging approach ensuring that we are always deploying the most advanced, cost effective equipment.”

About Bluesky Digital Assets Corp.

Bluesky Digital Assets Corp, is building a high value digital currency enterprise. Bluesky mines digital currencies, such as Bitcoin and Ether, and is developing value-added technology services for the digital currency market, such as digital mining proprietary software. Offering a complete ecosystem of value-creation, Bluesky is targeting reinvesting appropriate portions of its digital currency mining profits back into its operations. A percentage of the profit will be invested in the development of a proprietary Artificial Intelligence (“AI”) based technology. Overall, Bluesky takes an approach that enables the Corporation to scale, and respond to changing conditions, within the still-emerging digital currency industry. The Corporation is poised to capture value in successive phases as this industry continues to scale. For more information please visit www.blueskydigitalassets.com

For further information please contact:

Mr. Ben Gelfand
CEO & Director
Bluesky Digital Assets Corp.
T: (416) 363-3833
E: ben.gelfand@blueskydigitalassets.com

Mr. Frank Kordy
Secretary & Director
Bluesky Digital Assets Corp.
T: (647) 466-4037
E: frank.kordy@blueskydigitalassets.com

Forward-Looking Statements

Information set forth in this news release may involve forward-looking statements under applicable securities laws. The forward- looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such. Neither CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE accepts responsibility for the adequacy or accuracy of this release. We seek safe harbor.

DOWNLOAD THIS PRESS RELEASE

press release archives

2020 Q2 PRESS RELEASES

May 11, 2020

Bluesky Digital Assets Corp., Provides an Update on Share Consolidation

READ FULL RELEASE

May 04, 2020

Bluesky Digital Assets Corp., Announces Share Consolidation & Engages IR Firm

READ FULL RELEASE

April 06, 2020

Bluesky Digital Assets Corp., Announces Joint Venture

READ FULL RELEASE
2020 Q1 PRESS RELEASES

March 02, 2020

Bluesky Digital Assets Corp., Announces Continuing Scale of its Active Mining Assets

READ FULL RELEASE

February 10, 2020

Bluesky Digital Assets Corp., Announces a $1,000,000.00 CDN Convertible Debenture Financing to Further Expand its Digital Mining Operations

READ FULL RELEASE

January 17, 2020

Bluesky Digital Assets Corp. Provides Update on the Continued Expansion of its Digital Mining

READ FULL RELEASE
2019 Q4 PRESS RELEASES

December 02, 2019

Bluesky Digital Assets Corp., Assigned BTCWF As Its OTC Markets Trading Symbol

READ FULL RELEASE

November 25, 2019

Gunpowder Capital Corp., Announces Name Change to Bluesky Digital Assets Corp.

READ FULL RELEASE

November 25, 2019

Gunpowder Capital Corp., Closes Fourth Tranche of its Non-Brokered Private Placement of Units

READ FULL RELEASE

November 22, 2019

Gunpowder Capital Corp., Announces Debt Settlement

READ FULL RELEASE

November 07, 2019

Gunpowder Capital Corp., Announces Results of its AGM

READ FULL RELEASE

November 06, 2019

Gunpowder Capital Corp., Completes the sale of another London based property. Invests proceeds from the sale into the Corporation’s Digital Assets Division.

READ FULL RELEASE

October 28, 2019

Gunpowder Capital Corp., Completes the sale of two of its London based properties. Invests proceeds from the two sales into the Corporation’s Digital Assets Division.

READ FULL RELEASE

October 21, 2019

Gunpowder Capital Corp., Appoints Ms. Evelin Wong as CFO, Grants Stock Options

> Read Full Release

October 02, 2019

Gunpowder Capital Corp., Provides Update on the Expansion of the Corporation’s Fully Owned Digital Assets Subsidiary

> Read Full Release

2019 Q3 PRESS RELEASES

September 30, 2019

Gunpowder Capital Corp., Announces Resignations of Director and CFO

> Read Full Release

September 13, 2019

Gunpowder Capital Corp., Announces Change of Auditor

> Read Full Release

September 04, 2019

Gunpowder Capital Corp., Appoints Ben Gelfand as Chief Executive Officer

> Read Full Release

August 29, 2019

Gunpowder Capital Corp., Closes Third Tranche of its Non-Brokered Private Placement of Units, Enters Into Loan Agreement, Settles Debt.

> Read Full Release

July 11, 2019

Gunpowder Capital Corp., Expands Cryptocurrency Operations

> Read Full Release

2019 Q2 PRESS RELEASES

May 30, 2019

Gunpowder Capital Corp., Completes the Sale of two of its Windsor based properties, Invests all proceeds from the sale into MethodeVerte Inc., the Corporation’s fully owned Cryptocurrency Subsidiary.

> Read Full Release

May 27, 2019

Gunpowder Capital Corp., Appoints Anthony R. Pearlman as President and COO of Crypto Mining Subsidiary.

> Read Full Release

May 22, 2019

Gunpowder Capital Corp., Forms Cryptocurrency Subsidiary and Commences Cryptocurrency Operations.

> Read Full Release

May 13, 2019

Gunpowder Capital Corp., Closes $257,000.00 CDN Second Tranche of its Non-Brokered Private Placement of Units, Increases Size of Offering to $5,000,000.00 CDN.

> Read Full Release

2019 Q1 PRESS RELEASES

March 22, 2019

Gunpowder Capital Corp., Signs an LOI to Commence a Joint Venture Commercial Hemp Production Farm With Grange Conservation LLC.

> Read Full Release

March 13, 2019

Gunpowder Capital Corp., Invests $240,000.00 CDN into Franchise Holdings International Inc., (OTCQB: FNHI).

> Read Full Release

March 11, 2019

Gunpowder Capital Corp., Loans $100,000.00 CDN To A Construction Services Company.

> Read Full Release

March 04, 2019

Gunpowder Capital Corp., Announces a $1,500,000.00 CDN Non-Brokered Private Placement of Units.

> Read Full Release

February 28, 2019

Gunpowder Capital Corp., Enters into a strategic relationship with Hemp Inc., (OTC PINK: HEMP) with the purpose of entering into the Industrial Hemp Industry in the United States.

> Read Full Release

February 20, 2019

Gunpowder Capital Corp., Completes the Sale of its Fifth USA Home Rehabilitation Property.

> Read Full Release

February 07, 2019

Eighteen Fifty Equity Inc., Engages Gunpowder Capital Corp.

> Read Full Release

February 01, 2019

Gunpowder Capital Corp., Receives $102,750.00 CDN in Compensation, Makes Strategic Investment, Settles Debt.

> Read Full Release

January 08, 2019

Gunpowder Capital Corp. Provides Update on Acquisition of Koch & Gsell AG.

> Read Full Release

January 03, 2019

Gunpowder Capital Corp., Declares Quarterly Dividend.

> Read Full Release

January 02, 2019

Gunpowder Capital Corp., Enters Letter of Intent to Acquire The Manufacture of The World’s First Tobacco-and-Hemp Cigarette, Koch & Gsell AG of Switzerland.

> Read Full Release