Summary of 2023 by our CFO @MendybayevAlash
This somewhat late post about 2023 results for XIVE, inc. The beginning of 2024 has been hectic, but finally had a chance to summarize company results.
1. We successfully expanded internationally, entering the US market and relocating our headquarters to Houston. We were fortunate to find exceptional partners and successfully energized our clients' ASIC machines in the US. It wasn't without challenges, as we encountered an unreliable supplier along the way and got scammed ๐ (itโs a long story, maybe will share it later in another post).
2. Another highlight of 2023 was the launch of a new product designed specifically for retail customers. With this innovative offering, bitcoin mining became accessible to anyone with just $50. Check it out here https://t.co/kKhPUXzIa5 for more details. The collaborative efforts of our IT and Marketing teams made this achievement possible.
3. Ordered the latest and most efficient S21, T21 ASIC miners at competitive prices. If anyone is interested in purchasing and hosting with us DM.
4. Despite the challenges posed by new legislation and uncertainty in Kazakhstan, at the end of the year we successfully energized ASIC miners there.
Now the total number of machines online under the management of Xive increased to 8,000 units (hopefully will be 11 000 units soon ๐)
5. A remarkable achievement for Xive was winning court battles against the government agencies in Kazakhstan, kudos to our KZ Legal team๐
These are just a few highlights of our accomplishments in 2023. There were numerous other achievements that contributed to our success, too many to mention in one post. I want to acknowledge and express my gratitude to every team member who played a part in our journey.
As we enter 2024, I am incredibly excited. I anticipate even greater challenges, not only for the mining industry but for the entire economy. It will be crucial to have an exceptional team and stay true to our values.
Let's make 2024 another remarkable year for Xive!
@BitcoinMagazine If we knew Satoshi, US Senate would definitely have called him/her to testify in front of them for causing harm to their "economic system".