Datametrex Subsidiary Ronin Blockchain Receives First Mining Rig Order
TORONTO, March 12, 2018 (GLOBE NEWSWIRE) -- Datametrex AI Limited (the “Company” or “Datametrex”) (TSXV:DM) (FSE:D4G) is pleased to announce that is wholly owned subsidiary, Ronin Blockchain Corp., has received GPU mining rigs from its initial order announced on Feb. 14th 2018 for both the Mongolia and Quebec locations, commencing activation of Ronin’s 150MW of available capacity with Gosun Group (“GoSun”) and our planned Quebec-based initiatives. The rigs are scheduled to be operational in March, ahead of the previously announced dates. The initial order is designed to establish mining operations in each location and to ensure a smooth integration as the Company moves towards the next larger order.
“This is an exciting milestone for Ronin as it transitions the company from a concept to an active miner. Ronin has a unique opportunity to scale up to 150MW in Asia and continues to build out its mining footprint in Quebec,” says Andrew Ryu, CEO and Chairman of Datametrex AI Limited.
About Ronin Blockchain Corp.
Ronin Blockchain Corp., is a wholly owned subsidiary of Datametrex AI Limited. Ronin’s business model is based on a centralized AI powered mining platform to operate a geo-diversified footprint of industrial scale Blockchain mining operations. Ronin has the potential to deploy state of the art mining capability across high value mining locations in North America, Asia and Europe from a centralized command center to maximize efficiency and profitability for GPU-based mining. Additionally, Ronin will also investigate further use of its expertise in software development and Artificial Intelligence algorithms to develop future revenue streams within the Blockchain space.
About the Company
Datametrex AI Limited is a technology focused company with exposure to four exciting verticals. Big Data, collecting data from retail point of sale environments, Artificial Intelligence and Machine Learning through its wholly owned subsidiary, Nexalogy (www.nexalogy.com), implementing Blockchain technology for secure Data Transfers through its joint venture company, Graph Blockchain (www.graphblockchain.com) and Industrial Scale Cryptocurrency Mining through its wholly owned subsidiary, Ronin Blockchain Corp. (www.roninblockchain.com).
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