ARCANE ANNOUNCES SUCCESSFUL MIGRATION OF BITCOIN MINING OPERATIONS TO NORTHERN NORWAY.
As communicated on June 13th, Arcane has entered into a hosting agreement with Exanorth, a subsidiary of Bitzero Blockchain Inc, to access lower electricity prices in Norther Norway.
Mining operations resumed on June 24th, following the successful transfer of 2MW of mining equipment to the new location.
For further information, please contact:
Torbjørn Bull Jenssen, CEO, Arcane Crypto AB
e-mail: ir@arcanecrypto.no
web: investor.arcanecrypto.se
About Arcane Crypto
Arcane Crypto develops the infrastructure and products that enable worldwide adoption of bitcoin and digital assets. Arcane is building a platform for users to learn, trade and invest in digital assets, all from one account. Our market leading research content educates our users and builds trust. Arcane achieves scale by providing a platform with open APIs, allowing third parties to develop their own products using our technology and then distribute their product to our users.
Subscribe to press releases and financial information: https://investor.arcanecrypto.se/
The Company is listed on Nasdaq First North Growth Market and Mangold Fondkommission is Certified Adviser, tel. +46 8 5030 1550, e-mail: ca@mangold.se, web: www.mangold.se
The following documents can be retrieved from beQuoted
Mining-move.pdf