Bitcoin Mining Fleet Increases in Nebraska

Vinanz Limited

14 August 2024

 

14 August 2024

Vinanz Limited

Bitcoin Mining Fleet Increases in Nebraska

London, New York, August 14, 2024, Vinanz Limited (US OTCQB: VINZF and AQSE: BTC in London) ("Vinanz" or "the Company"), the publicly listed Bitcoin mining company with US and Canadian Bitcoin mining operations, announces that it has increased its Bitcoin mining fleet in Nebraska by 50% with the addition of ten Bitmain Antminer S19k Pro 120 Terahash (TH/s) miners yesterday.

Vinanz now has thirty S19k Pro 120 TH miners hashing a combined 3.6 PH/s. These miners are in our Superior cluster in Nebraska and are hosted by specialists Basic Mining (www.basicmining.com).

Nebraska is the latest US State for Vinanz's roll-out of its expanding Bitcoin mining fleet, joining recently announced moves into Indiana and Iowa and joins our growing Bitcoin miner fleet in Labrador in north-east Canada.

David Lenigas, Vinanz's Chairman, commented; "Nebraska is an important and fast-growing cluster for Vinanz's Bitcoin nexus in North America. With a power price of only 6.5 US cents per kw hour, Nebraska is proving to be a real winner for us when it comes to keeping operating costs low. The Company is bullish on the future of Bitcoin, so further expansion into the USA and Canada is our key corporate objective."

About Vinanz Limited

Vinanz's primary listing is in London (United Kingdom) on the Aquis Exchange under the ticker BTC and trades in the USA on the US OTCQB under the ticker VINZF. Vinanz is a British Virgin Island (BVI) domiciled company that is building out a fully-fledged Bitcoin mining company initially focusing on installing clusters of Bitcoin miners within multiple facilities throughout the US and Canada through third-party cryptocurrency mining providers. Currently, Vinanz operates Bitcoin miners in Labrador (Canada) and Indiana, Iowa and Nebraska in the USA. Whilst the Company will focus initially on BTC mining, it will also consider the mining of other cryptocurrencies, and operations in the DeFi, AI and Big Data space in the future.

The directors of Vinanz Limited accept responsibility for this announcement.

CONTACTS:

For further information please contact:

Vinanz Limited

David Lenigas                                      [e-mail]

Jeremy Edelman                                  [e-mail]

First Sentinel (Corporate Adviser and Broker)

Brian Stockbridge                                [e-mail]

                                                            [phone]

Clear Capital Markets (Broker)

Bob Roberts                                         [e-mail]

                                                            [phone]

 

END