Business
Update on Crypto Currency Mining
Update on Crypto Currency Mining.
About this update from Quantum Blockchain Technologies Plc
[{"type":"text","content":"\n \n 12 July 2018\n\nClear Leisure Plc(“Clear Leisure†or the “Companyâ€)\n\nCryptocurrencies Mining Update\n\nThe board of Clear Leisure (AIM: CLP) is pleased to announce that the Company’s crypto currencies mining data centre, Miner One Ltd, located in Serbia, is now operational. We anticipate that the first full bitcoin will be mined in the next few weeks through the selected pooled mining network (see Glossary, below).\n\nFollowing this milestone, Miner One Ltd has secured additional low cost power supply at its Serbian location and is currently working to define the architecture and selected crypto-currencies for two possible additional mining units as announced on 2 May 2018.\n\nFrancesco Gardin, CEO and Executive Chairman of Clear Leisure, commented:\n\n“Our venture into blockchain technology currently comprises cryptocurrency mining which we believe will bring a small amount of revenue to the Group and our intention is to investigate other business opportunities for blockchain applications, which we believe will become, in a few short years, the backbone to most service industries around the world.†\n\n-ends-\n\nFor further information please contact:\n\nClear Leisure PlcFrancesco Gardin, CEO and Executive Chairman+39 335 296573\n\nSP Angel Corporate Finance (Nominated Adviser & Broker)Jeff Keating / John Mackay+44 (0)20 3407 0470 ...