Vinanz Limited - Bitcoin Mining Operational Update
Announcement provided byVinanz Limited · BTC
29 September 2023
This announcement contains information which, prior to its disclosure, was inside information as stipulated under Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.
("Vinanz" or "the Company")
Bitcoin Mining Operational Update
Vinanz Limited (London AQSE: BTC and US OTCQB: VINZF), the
Total Bitcoin in the Company's combined crypto wallets has risen since the Company listed on the Aquis Stock Exchange in April from 5.01 BTC to 7.84 BTC as at the end of September 2023.
Miner performance and availability have been and remain very high at well over 99%.
The Company acquired 20 BTC miners (running at a combined 1.6 PH/s) on listing, and these are located in
(Note: One Petahash/s (PH/s) is one quadrillion (1,000,000,000,000,000) hashes per second. In the context of Bitcoin mining or blockchain, the rate of hashes per second is an important measure of mining performance.)
David Lenigas, Vinanz's Executive Chairman, said:
"I'm very pleased to report that our new Bitcoin miners that we installed in
Vinanz is listed on the London Aquis markets and is building out a fully-fledged Bitcoin mining company initially focusing on installing clusters of Bitcoin miners within multiple facilities throughout the US and
The Company's admission document is available to view on its website www.vinanz.co.uk
The directors of Vinanz Limited accept responsibility for this announcement.
For further information please contact:
David Lenigas firstname.lastname@example.org
Jeremy Edelman email@example.com
First Sentinel (Corporate Adviser and Broker)
Brian Stockbridge firstname.lastname@example.org
+44 (0) 20 3855 5551
Clear Capital Markets (Broker)
Bob Roberts email@example.com
+44 (0) 20 3869 6080