Vinanz Limited Bitcoin Miners Arrive at Iowa Hosting Center

RNS Number : 2818R

Vinanz Limited

06 June 2024

 

6 June 2024

 

 

Vinanz Limited

 

Bitcoin Miners Arrive at Iowa Hosting Center

 

London, New York, 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 further to its announcement of 30 May 2024, the first 20 Antminer S19J Pro+ 120TH bitcoin miners to be deployed into one of Mining Store's (www.miningstore.com) facilities in central Iowa have arrived on site.

 

The miners are expected to be operational over the coming week.

 

Vinanz intends to expand the operational miners in this new US BTC cluster, once the units have been operational for a period and the Company has had the necessary time to properly assess installation procedures, hosting facilities uptime performance and general connectivity.

 

David Lenigas, Vinanz's Chairman, commented; "Things move quick in America and I'm pleased to say that Mining Store have now received our miners at their facilities in central Iowa and will be installing them over the coming days."

 

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 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. Whilst the Company will focus initially on BTC mining, it will also consider the mining of other cryptocurrencies, and operations in the DeFi and Big Data space in the future. The Company intends to be able to provide a listed UK platform to offer entry to the technology and cryptocurrency business.

 

The directors of Vinanz Limited accept responsibility for this announcement.

 

This announcement contains information which, prior to its disclosure, was inside information as stipulated under Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

 

 

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]

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