Business
Texas Bitcoin Mining
Texas Bitcoin Mining.
About this update from London Btc Company Limited
[{"type":"text","content":"\n\n23 August 2024\n \n \nVinanz Limited\n \nTexas Bitcoin Mining\n \n \nLondon, New York, August 23, 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 has started a new Bitcoin cluster in Texas, as part of its plans to roll-out Bitcoin miners in third-party hosting centres in the USA and Canada.\n \nVinanz has acquired its first Bitcoin miners in a facility located in the Midland area of Texas and these miners are hosted under a contract with Compass Mining Inc (www.compassmining.io). Our initial order for install and operate was for 3 x Antminer S21 200TH Bitcoin miners and these miners are now hashing c.600 Terahash (TH) to Vinanz's wallet.\n \nTexas is the latest US State for Vinanz's roll-out of its expanding bitcoin mining fleet, joining recently announced moves into Nebraska, Indiana and Iowa and joins our growing Bitcoin miner fleet in Labrador in north-east Canada.\n \nDavid Lenigas, Vinanz's Chairman, commented; \"Texas is the newest US State for our plans to expand our Bitcoin mining fleet throughout multiple US States and Canada. This time we have gone with Compass Mining Inc for hosting our miners in Texas. Once we know these initial miners are working for us and we can see reliable hosting services, we will look to increasing our miners in Texas as soon as practicable. Compass is a sizeable bitcoin mining host in the USA and Canada, and we plan to use this new relationship with them to further expand our operations through their extensive network of Bitcoin mining sites.\"\n \nAbout Vinanz Limited\n \nVinanz'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 Texas, Indiana, Iowa and Nebraska in the USA and in Labrador (Canada). Whilst the Company will focus initially on BTC mining, ...