Kore Digital Mining Ltd Announces Additional 14 PH/s Bitcoin Mining Capacity.

25th April 2024, Edinburgh, Scotland

Kore Digital Mining Ltd, a UK based Bitcoin mining company, announces that effective 1st May 2024, an additional 14 PH/s mining capacity will be added to its existing infrastructure.

This additional capacity will be provided by Luxor Technologies, a major Bitcoin mining corporation and will be operational until 30th June 2024.

Derek Nisbet, Kore’s Founder & CEO, said – “We are pleased to work with a leading Bitcoin Miner in securing a large amount of mining capacity, for a 2 month trial period. We look forward to hopefully extending this period and engaging more with major mining corporations offering Bitcoin hashing opportunities, in the future.”

This additional 14PH/s Bitcoin mining capacity adds to the existing 2 PH/s currently operational with Kore’s own infrastructure and an additional 4 PH/s is due to be added over the next quarter, totalling 20 PH/s.

About Kore Digital Mining Ltd.

Kore Digital Mining Ltd is a U.K. based Bitcoin mining company focused on growing its hash rate and increasing infrastructure capacity with its global partners.

Kore’s mission is to provide technological resources on the Bitcoin network, enabling added blockchain security and increased decentralization.

Find out more at www.koredigitalmining.comDerek Nisbet 

Kore Digital Mining Ltd announces additional $150,000 Seed Investment.

FOR IMMEDIATE RELEASE
Monday, 15th April 2024
Edinburgh, UK

Kore Digital Mining Ltd, a U.K. based Bitcoin mining company, announced today that a further $150,000 has been invested into the business from existing seed investors.

This adds to the initial $100,000 raised upon creation of the company back in May 2023.

Derek Nisbet, the Founder & CEO, said – “We are thrilled to receive this additional seed capital from our loyal investors and this will enable us to grow our mining operations substantially, over the next few months.”

The seed capital will be used to purchase the latest innovations in mining hardware, including:-

● 5 x Antminer S21 200TH/s Miners, and
● 10 x Whatsminer M66S 288TH/s – Immersion Cooled Miners.

These are the latest and most efficient miners on the market today and will stand Kore in good stead following the Bitcoin halving cycle and new 4 year epoch.

The new mining hardware will increase Kore’s hash rate threefold to 6 PH/s.

About Kore Digital Mining Ltd.

Kore Digital Mining Ltd is a U.K. based Bitcoin mining company focused on growing its hash rate and increasing infrastructure capacity with its global partners.

Kore’s mission is to provide technological resources on the Bitcoin network, enabling added blockchain security and increased decentralization.

Find out more at www.koredigitalmining.com

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