London, New York, November 27, 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 the first of our initial order of ten next generation Canaan Avalon A1566 188 TH Bitcoin miners for our Nebraska fleet (as announced on 30 October 2024) are now online with our hosting partner there – Basic Mining.
They are performing as per expectations contributing about 1.8 Petahash to our wallet and increasing our total in hashing in Nebraska to around 9.2 Petahash.
Vinanz now operates Bitcoin miners in the US States of Nebraska, Texas, Indiana and Iowa and Labrador in north-east Canada.
David Lenigas, Vinanz’s Chairman, commented; “These new generation 1566 Bitcoin miners have now cleared customs and were put online yesterday in Nebraska taking our overall processing power to a total 9.2 PH with Basic Mining. We will look to increasing our bitcoin fleet in Nebraska as the opportunities present themselves.”
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
