19 June 2024
Vinanz
Limited
Vinanz Bitcoin Nexus Opens in
Indiana
London, New York, June 19, 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 will launch a
new Bitcoin mining cluster (as part of the Vinanz Nexus Network) in
the USA in the State of Indiana.
Vinanz has today collaborated with
Indiana Bitcoin hosting specialists Megawatt (www.megawatthq.com)
and has acquired an initial 20 Bitmain Antminer SJ19 Pro Bitcoin
miners, from Megawatt's existing operational miners. This Bitcoin
miner acquisition is the newest US State for Vinanz expanding its
Bitcoin Nexus with a new Indiana cluster, as part of its North
American diversification and decentralization expansion strategy.
These miners are based in Megawatt's hosting center in Alexandria,
Indiana.
These initial miners are already
online and hashing an immediate 2.15 Petahash/second (PHs) to
Vinanz's Luxor pool.
Megawatt is nearing completion of
their newest hosting centre near Brownsburg in Indiana and Vinanz
is planning on expanding its Indiana Bitcoin mining fleet into this
new site as soon as it is operational. Vinanz is looking to
increase its Indiana cluster to 100 miners and ultimately increase
its miners with Megawatt to around 300 units over time. Megawatt
are hoping to have their new Brownsburg site operational in around
4 to 6 weeks.
David Lenigas, Vinanz's
Chairman, commented; "The word "Nexus" means a connection of things
that are part of a chain of causation and that is exactly what
Indiana is for Vinanz - Indiana is the next important connection to
Vinanz's network of decentralized clusters of Bitcoin miners in
North America that all connect to our wallet. Our vision for growth
is to expand the Vinanz Bitcoin Nexus network as fast as we can
into as many US States as possible and in so doing we are always
updating our Bitcoin fleet with up-to-date technology and reducing
the inherent risks of having all our miners concentrated in one
jurisdiction and/or location."
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.
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