CMSC is a cryptocurrency mining company created with strategic partnerships in hosting, repair and management that enable it to operate with minimal overhead and enhanced profitability, and with a conservative capital structure that allows for flexible and patient capital allocation.
Cryptocurrency mining is an operating business, specifically in seigniorage. Seigniorage is, in essence, how governments earn a profit from the creation of currency, which they issue for far more than their cost. In recent history, this right belonged exclusively to the government, until the emergence of open-source blockchains and decentralized cryptocurrencies.
As a prudent steward of capital, CMSC employs a capital allocation methodology designed to mitigate the unexpected swings in operating margins, such that we deliberately acquire our equipment over time to diversify our cost basis—which, ultimately, largely determines the return on capital.
Through its mining operations, CMSC intends to participate in decentralized cryptocurrency monetary policy in order to convert the seigniorage profit margin into a return on equity and alternative source of income. Cryptocurrency mining is revolutionary, and has the potential to become the largest asset class there is.