LONDON - Vinanz Limited (US OTCQB: VINZF and AQSE: BTC in London), a British Virgin Islands-based Bitcoin mining company, has announced the activation of new Bitcoin mining hardware in Nebraska. The first of an initial order of ten Canaan Avalon A1566 188 terahash (TH) miners, which were part of an announcement on October 30, 2024, is now operational.
The new miners are reported to be performing as expected, contributing approximately 1.8 petahash to Vinanz's overall mining capabilities and increasing the company's total hashing power in Nebraska to around 9.2 petahash. The deployment of these miners is in line with Vinanz's strategy to expand its Bitcoin mining operations across the United States and Canada.
Chairman of Vinanz, David Lenigas, stated that the new generation miners have cleared customs and were activated the day prior, enhancing the company's processing power in partnership with Basic Mining. Lenigas also indicated that Vinanz is poised to further increase its Bitcoin mining fleet in Nebraska as opportunities arise.
Vinanz operates Bitcoin miners in several U.S. states, including Nebraska, Texas, Indiana, and Iowa, as well as in the Canadian region of Labrador. The company's primary listing is on the Aquis Exchange in London, with additional trade on the US OTCQB market.
This expansion reflects the company's continued investment in cryptocurrency mining infrastructure and its commitment to growth within the digital currency industry. The information reported is based on a press release statement by Vinanz Limited.
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