Vortex Brands Expands Bitcoin Mining Operation
Vortex Brands Co. (OTC: VTXB) has purchased three new Antminer S19j Pro miners, which will come online in the next few weeks at a hosting facility in Texas.
This acquisition expands the company’s bitcoin mining operation up to 2,200 TH/s. Reports state that there will be continuing scaling up of mining operations consistently each month as the company can now focus all of its resources solely on building and expanding the operation.
The goal of expanding the mining operation is to accumulate BTC before the next halving event, which previously has caused significant spikes in the price of bitcoin. We will continue to provide updates to our shareholders when feasible.
The company reportedly seeks to provide as much transparency about Bitcoin mining as possible. Here is the link to a wallet that shareholders can view:
https://www.blockchain.com/btc/address/38xnQP3mbWoDQTqLZy3GFMZyd2bwigvwCp
*Revenue-related calculations. Please note that the company believes that any revenue-related calculations are accurate and based on factual information. There can be no assurance that the company will be able to achieve all projections due to many business-related factors, such as power pricing, mining equipment availability, bitcoin mining difficulty, bitcoin market pricing, and other unforeseen issues in deploying its mining rigs. You can view updated information on Bitcoin Mining by visiting https://minerstat.com/coin/BTC
Certain statements in this release constitute forward-looking statements. These statements include the capabilities and success of the company’s business and any of its products, services, or solutions. The words “believe,” “forecast,” “project,” “intend,” “expect,” “plan,” “should,” “would,” and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties, and other factors, any of which could cause the company not to achieve some or all of its goals or the company’s previously reported actual results, performance (finance or operating) to change or differ from future results, performance (financing and operating) or achievements, including those expressed or implied by such forward-looking statements. More detailed information about the company and the risk factors that may affect the realization of forward-looking statements is outlined in the company’s filings with the SEC, copies of which may be obtained from the SEC’s website at www.sec.gov. The company assumes no, and with this disclaims any, obligation to update the forward-looking statements contained in this press release.
View original content: https://www.prnewswire.com/news-releases/vortex-brands-expands-bitcoin-mining-operation-301734964.html
Andrey Kunev
Reporter at CoinsPress
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