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(MENAFN- ACN NewsWire) SINGAPORE, July 20, 2022 – (ACN Newswire) – SMI Vantage is buying new Avalon 1266 96TH/s crypto mining machines, to be put in of their mining datacentre in Melaka. The primary batch of six machines will probably be delivered, put in and operational by the top of July 2022.
Mark Bedingham, President and CEO of SMI Vantage, commented, ‘We’re happy to announce that we now have acquired new excessive hash price machines which will probably be worthwhile even with the present bitcoin costs. Within the present local weather, we’re assured that we are able to reap the benefits of suppressed machine costs to amass extra excessive hash price machines over the subsequent a number of months.’
SMI Vantage has obtained shareholder approval at an EGM held on April nineteenth, 2022 for a proposed enterprise diversification, following which the Firm’s cryptocurrency mining machines had turn into operationally enabled.
About SMI Vantage
SMI Vantage Restricted is an funding and administration firm centered on capitalizing on sturdy developments within the new financial system together with Cryptocurrency Mining, and different high-tech SaaS platforms. Listed on the Most important Board of the Singapore Inventory Change, SMI Vantage Restricted has a extremely succesful and skilled administration workforce with a confirmed monitor document in constructing sturdy enterprise partnerships and alliances.
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