15 July 2024
Vinanz
Limited
Vinanz Expands US Bitcoin
Mining Operations into Nebraska
London, New York, July 15, 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 launched
a new Bitcoin mining beachhead cluster in Superior, Nebraska,
USA.
Vinanz has collaborated with
Nebraska Bitcoin hosting specialists Basic Mining
(www.basicmining.com) and has acquired an initial 10 Bitmain
Antminer SJ19k Bitcoin 120 Terahash miners, from Basic Mining's
existing operational miners. The Company plans to expand on these
numbers with Basic Mining in Nebraska, once these initial miners
are settled into our mining fleet and Bitcoin pool.
This Nebraska deal is the newest US
State for Vinanz, joining recently announced moves into Indiana and
Iowa and joins our growing Bitcoin miner fleet in Labrador in
north-east Canada.
These miners are already online and
hashing 1.2 Petahash/second (PHs) to Vinanz's Luxor
pool.
David Lenigas, Vinanz's
Chairman, commented; "This deal sees Vinanz establish another
beachhead into another US State at an excellent power price. At a
contracted 6.5 cents per kilowatt hour, Nebraska should be an ideal
business cluster for us to expand upon. We continue to expand our
footprint in North America with our bitcoin miner rollout, with
operations in Labrador, Indiana, Iowa and now Nebraska. The Company
is bullish on the future of Bitcoin, and it being recognised as an
alternative cross-border alternative currency and asset class. So,
rapid expansion in the USA and Canada of our Vinanz Bitcoin Mining
Nexus is our goal."
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 USA and Canada through third-party
cryptocurrency mining providers. Currently, Vinanz operates Bitcoin
miners in Labrador (Canada), 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