2021-9-28 08:27 |
Vortex Brands Co. announces that an approximately additional 500 terrahash (TH/s) came online last week. This increases the Company’s total mining capacity to 1,000 TH/s (or 1 PH/s). An additional 1,000 – 2,000 TH/s (1-2 PH/s) is scheduled to come online shortly. These increases will continue as we continue towards our goal of acquiring 150,000 – 200,000 TH/s in mining capacity over the next 18 months. The Company’s commenced mining on September 21, 2021. From Tuesday, September 21, 2021, through Friday, September 24, 2021, the Company has mined a total of 0.0227 BTC with a daily average of 850 TH/s.
As promised, we will provide as much transparency as possible to our shareholders regarding our Bitcoin Mining operations. As part of this, we will provide weekly updates from the mining results to provide our shareholders with up-to-date information instead of making them wait until quarterly filings are made. Additionally, the company has set up a corporate Bitcoin wallet address. This will allow shareholders to see in real time our transaction (including the daily mining deposits) and balance. Thereby, allowing our shareholders to be able to independently verify our updates on the blockchain at their convenience.
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