RNS Number : 4469A
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                                      david@vinanz.co.uk

Jeremy Edelman                                  jeremy@vinanz.co.uk

 

First Sentinel (Corporate Adviser and Broker)

Brian Stockbridge                                brian@first-sentinel.com

                                                            +44 (0) 20 3855 5551

 

Clear Capital Markets (Broker)

Bob Roberts                                         bobroberts@clear-cm.co.uk

                                                            +44 (0) 20 3869 6080

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
NEXGCGDICXBDGSS
Vinanz (AQSE:BTC)
Historical Stock Chart
From Oct 2024 to Nov 2024 Click Here for more Vinanz Charts.
Vinanz (AQSE:BTC)
Historical Stock Chart
From Nov 2023 to Nov 2024 Click Here for more Vinanz Charts.