DAX ®12.372,61-0,06%TecDAX ®2.879,87+0,19%Dow Jones27.110,80+0,13%NASDAQ 1007.888,79+0,46%
finanztreff.de

PRESS RELEASE: NORTHERN BITCOIN PREPARED TO ENTER THE MARKET WITH ITS NEW MINING CONTAINER

| Quelle: Dow Jones Newsw... | Lesedauer etwa 5 min. | Text vorlesen Stop Pause Fortsetzen


DGAP-News: Northern Bitcoin AG / Key word(s): Market launch
NORTHERN BITCOIN PREPARED TO ENTER THE MARKET WITH ITS NEW MINING CONTAINER

2019-09-09 / 07:30
The issuer is solely responsible for the content of this announcement.

*PRESS RELEASE*

*NORTHERN BITCOIN PREPARED TO ENTER THE MARKET WITH ITS NEW MINING
CONTAINER*

*- New container solution opens up additional expansion potential
- Innovative air cooling with high miner density
- Flexible response to site options in cool climates*

*Frankfurt on the Main - September 09, 2019* - Northern Bitcoin AG (XETRA:
NB2, ISIN: DE000A0SMU87) has successfully completed the tests for its new
air-cooled mining container at its test site in Frankfurt-Hoechst.

The innovative mining container, in which 144 ASIC miners are installed, is
a custom-made construction based on a 20-foot container. It was specifically
developed for outdoor operation. To cool the container, cold outside air is
ingested and filtered through lamellae mounted in an outer wall and led
through the container past the mining hardware. The warm exhaust air is
vented through the opposite container wall. The performance of the fans is
variable and controlled by temperature sensors. The concept was developed
together with partners in Germany and brought to market maturity.

With this additional, mobile, air-cooled container solution, Northern
Bitcoin AG is opening up further, even remote locations in the permanently
cool regions of the world, where sustainable electricity, for example from
hydropower, is available at extremely low cost and in abundance. Together
with the water-cooled containers that have been successfully in use in
Norway for over a year, Northern Bitcoin now has two different mobile
container solutions for practically any location in the Nordic countries.

Moritz Jäger, Chief Technology Officer (CTO) of Northern Bitcoin, comments:
"Already with our water-cooled container solution we have a revolutionary
approach in place to mine Bitcoins sustainably and cost-effectively. The new
air-cooled technology has been optimized for year-round cool locations. With
the new container variant, we are thus extending our option to open up new
locations in Scandinavia for our Bitcoin mining. Like the water-cooled
variant, also the air-cooled mining container is highly mobile. This allows
us to react flexibly to all location options at short notice for conducting
highly efficient Bitcoin mining".

Computers need be cooled during calculations due to the heat generated by
the processors. As a result of the high computing power, this applies in
particular to the special Bitcoin Mining hardware. At the Lefdal Mine
Datacenter in Norway, Northern Bitcoin AG currently operates 21 water-cooled
40-foot containers, each with 210 ASIC miners. In the new, air-cooled
20-foot container, a higher miner density has been achieved due to the
design. The still young Northern Bitcoin AG pursues the goal of becoming the
world's leading, sustainable Bitcoin mining company and is constantly
developing its innovative mining concept according to the most
state-of-the-art aspects. The new container solution will enable the company
to further accelerate the scaling of its business that has just begun.

*About Northern Bitcoin:*
Northern Bitcoin AG is a technology company focused on the Bitcoin
blockchain. It is challenging the status quo of Bitcoin mining and
redefining it. As a pioneer, it provides Bitcoin and blockchain technology
with a sustainable infrastructure. To this end, it operates its own
state-of-the-art mining hardware based on renewable energy sources under
extremely cost-efficient and secure conditions as well as a self-developed
mining pool. The company is headquartered in Frankfurt am Main. Further
information under www.northernbitcoin.com [1].

*Disclaimer:*
This press release does not constitute an offer to sell or the solicitation
of an offer to buy or subscribe for any securities of Northern Bitcoin AG
and does not constitute a prospectus of Northern Bitcoin AG. The information
contained in this press release is not intended to form the basis of any
financial, legal, tax or other business decision. Investment or other
decisions should not be made solely on the basis of this press release. As
with all business and investment matters, please consult qualified
professional advice. This release and the information contained herein are
not for distribution, directly or indirectly, in or into the United States
of America, Canada, Australia or Japan.

*Press contact:*
Northern Bitcoin AG
Dr. Hans Joachim Dürr
Head of Corporate Communications
Thurn-und-Taxis-Platz 6
60313 Frankfurt
Germany
E-Mail: h.duerr@northernbitcoin.com
Telefon: +49 69 348 752 89

*Investor Relations:*
Sven Pauly
E-Mail: ir@northernbitcoin.com
Telefon: +49 89 125 09 03 31

2019-09-09 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: Northern Bitcoin AG
Thurn-und-Taxis-Platz 6
60313 Frankfurt/Main
Germany
Phone: +49 69 34 87 52 25
E-mail: info@northernbitcoin.com
Internet: www.northernbitcoin.com
ISIN: DE000A0SMU87
WKN: A0SMU8
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt,
Munich (m:access), Tradegate Exchange
EQS News ID: 870169

End of News DGAP News Service

870169 2019-09-09


1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=9f47ac2af6d5827bee49b4ae4f0fc686&application_id=870169&site_id=vwd&application_name=news


(END) Dow Jones Newswires

September 09, 2019 01:30 ET ( 05:30 GMT)
Werbung

Das könnte Sie auch interessieren

Im Artikel erwähnt...

BTC/CHF
BTC/CHF - Performance (3 Monate) 10.158,6000 -0,42%
CHF -43,3000
Porträt - Chart
Nachrichten
17.09. MÄRKTE USA/Anleger warten auf die US-Notenbank - Ölpreise fallen CHESAPEAKE EN. DL-,01 1,59 -15,82%
17.09. LATE BRIEFING - Unternehmen und Märkte DAX ® 12.372,61 -0,06%
17.09. LATE BRIEFING - Unternehmen und Märkte -2- DAX ® 12.372,61 -0,06%
Weitere Wertpapiere...
BTC/EUR 9.290,2850 -0,22%
EUR -20,4050
BTC/USD 10.202,3350 -0,06%
USD -6,1600
NORTHERN BITCOIN AG O.N. 12,20 +1,67%
EUR +0,20
Werbung

News-Suche

Suchbegriff:
Werbung

Werbung
Diese Seite empfehlenschliessen
Interessant, oder?
Teilen Sie diese Seite auf Facebook oder Twitter
Wenn Sie auf die Teilen-Buttons klicken und sich bei den Betreibern einloggen, werden Daten an den jeweiligen Betreiber übermittelt. Bitte beachten Sie die Datenschutzerklärung.
Aktuelle Umfrageschliessen
Die CDU-Chefin sagt der Bürokratie den Kampf an und möchte, dass es eine antragslose Auszahlung von Kinder- und Elterngeld erfolgt. Haben Sie das Gefühl, dass die Bürokratie in den letzten Jahren immer mehr zugenommen hat?
Jetzt abstimmen!
Alle Umfragen ansehen