Vortex Brands Co. Launches its Bitcoin Mining Operations and Provides an Operational Update
September 22, 2021 at 09:30 pm IST
Vortex Brands Co. announced the official commencement of its Bitcoin Mining Operations. This update is intended to provide shareholders and the investment community with their current mining statistics and forward-looking metrics regarding its business. As of Sept. 22, 2021, the company confirmed that it has acquired Bitcoin Mining Equipment. Of the equipment purchased, approximately 500 terrahash (TH/s) has already come online and is mining, they expect daily payouts in the next 48 hours. An additional 1,500 – 2,000 TH/s is scheduled to come online shortly. This represents the initial step to their goal to acquire 150,000 – 200,000 TH/s in mining capacity over the next 18 months.