Business
First USA Made Bitcoin Miners Online in Indiana
First USA Made Bitcoin Miners Online in Indiana.
About this update from London Btc Company Limited
[{"type":"text","content":"\n\n22 April 2025\n \n \n \nVinanz Limited\n(\"Vinanz\" or \"the Company\")\n(BTC:L in London and VINZF:US in the USA)\n \n First USA Made Bitcoin Miners Online in Indiana\n \nLondon, New York, April 22, 2025, Vinanz Limited; the London Stock Exchange Main Market Listed Bitcoin company with US and Canadian Bitcoin operations, announces that its first USA made Bitcoin miners - manufactured and supplied by California based Auradine Inc have now gone online in Indiana in the USA.\n \nOn 19 February 2025, the Company announced that it had placed an initial trial order of 20 Auradine AT2880 (220TH and 17.5 J/TH efficiency) miners which will be installed at our Indiana hosted facilities.\n \nMegawatt, our host in Indiana, have advised that these miners are now operational and are running as expected with an estimated operating Bitcoin breakeven price of around $57,000 (based on our now reduced contracted 7 cents per kWh electricity price).\n \nWith the US Government poised to apply tariffs on all US imports the Board considered it appropriate to buy these high performance Auradine AT2880s.\n \nPrevious miners purchased by Vinanz for its US growth plans have all originated from China with its fleets of various types of Bitmain, Whatsminer and Canaan miners. \n \nDavid Lenigas, Chairman of Vinanz, commented:\n \n\"Vinanz now has 140 units hashing in Indiana at Megawatt's hosting facilities, including these new 20 Auradine miners and we have been advised last night that all miners are now hashing a total of 16.78 PH/s for Vinanz. We are excited to be buying our first USA made miners for Vinanz's expansion plans. We will look at adding more of these USA made miners to our USA expansion plans this year as they make sound commercial sense plus to show our support for backing the US economy and our businesses there.\"\n \nThe directors of Vinanz Limited accept responsibility for this announcement.\n \nFor further information please contact:\n \nVinanz Limited\nDavid Lenigas ...