Vinanz Limited (BTC:LN, VINZF:US) New USA Bitcoin Miners & Indiana Expansion Plan

First USA Made Bitcoin Miners for Vinanz to be Hosted in Expanded Indiana Deal for New Miner Slots

Mark Fairbairn from StockBox Media spoke with David Lenigas, Chairman of Vinanz Limited, about their first order of USA-made Bitcoin miners.

Vinanz Limited, the London Stock Exchange Main Board Listed Bitcoin mining company with US and Canadian Bitcoin mining operations, announces that it has ordered it’s first-ever USA-made Bitcoin miners – manufactured and supplied by California-based Auradine Inc.

The initial trial order of 20 Auradine AT2880 (220TH and 17.5 J/TH efficiency) miners will be installed at our Indiana hosts facilities in the coming weeks and our hosts there advise that they will have an estimated operating Bitcoin breakeven price of around $53,000 (based on our contracted 7.5 cents per kWh electricity price).

David Lenigas, Chairman of Vinanz, commented:

“We are excited to be buying our first USA made miners for Vinanz’s expansion plans for North America and our plans to expand our mining fleet in Indiana. These miners are energy efficient and have a Bitcoin breakeven operating price of circa $53,000, we are keen to see them hashing in the coming weeks. If they perform as they say on the box, we will look at adding more of these USA made miners going forward to show our support for backing the US economy and our businesses there.”

“Megawatt have been a fantastic hosting partner for us since we started the trial in Indiana with them back in July last year and we now intend to put in place a plan that sees us going to over 100 miners with them in the coming months and many more over the course of this year. We are also looking at expanding our miner roll-out in Iowa, Nebraska and Texas in the coming months.”