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Vapor Group, Inc., Announces Purchase of Five Cryptocurrency Mining Machines That Mine any Cryptocurrency
Vapor Group, Inc., Announces Purchase of Five Cryptocurrency Mining Machines That Mine any Cryptocurrency.
About this update from Vapor Group Inc
[{"type":"text","content":"\n\n\n\nVapor Group, Inc., Announces Purchase of Five Cryptocurrency Mining Machines That Mine any Cryptocurrency\n\n\n\n\n\nVapor Group, Inc., Announces Purchase of Five Cryptocurrency Mining Machines That Mine any Cryptocurrency\nCompany Begins Aggressive Expansion of New Cryptocurrency Mining Subsidiary\nPR Newswire\nMIAMI, January 18, 2018\n\n\n\nMIAMI, January 18, 2018 /PRNewswire/ --\n\nVapor Group, Inc. (OTC Pink: VPOR), (\"Company\" or \"Vapor Group\"), announced today that its new wholly-owned subsidiary, CryptoTechCurrency, Inc. (http://www.cryptotechcurrency.com ), a cryptocurrency mining company, has purchased 5 additional mining machines with state-of-the-art flexibility to increase profitability.\n\nYaniv Nahon, President, stated, \"As we had already announced our initial purchase of 25 'high hash rate' cryptomining servers are in the process of going into service. In the interest of expanding our capabilities immensely, we have purchased five cryptomining dedicated hardware \"'igs', each with 8 Nvidia Model Geforce GTX 1070TI video cards, that are capable of mining 99% of all existing cryptocurrencies in existence on a 24/7 basis. Important, these rigs give us the ability to convert to whatever cryptocurrency on any given day is the most profitable, greatly increasing our flexibility and the potential profitability of this operation. We believe in today's volatile cryptocurrency environment, it is smart to buy such rigs that are not dedicated to one or a few specific cryptocurrencies.\"\n\nAbout Vapor Group, Inc. \n\nVapor Group, http://www.vaporgroup.com , historically has been focused on the acquisition and development of commercially viable intellectual property and proprietary products. Vapor Group, is a publicly traded OTC company, trading under the symbol, VPOR.\n\nCryptoTechCurrency, Inc., which specializes in cryptocurrency mining, is a wholly-owned subsidiary of Vapor Group and a new addition to its family of businesses. 'Cryptomining' is the fundamental methodology of earning and/or creating digital currencies such as Bitcoin, Litecoin and others, through the use of dedicated, specialized mining machines that perform complex mathematical functions to mine a cryptocurrency and also process cryptocurrency transactions. These machines operate 24-hours per day, 7-days per week within mining-dedicated, t...