Datametrex Subsidiary Ronin Blockchain Commences Mining in Two Geographies
TORONTO, April 10, 2018 (GLOBE NEWSWIRE) -- Datametrex AI Limited (the “Company” or “Datametrex”) (TSXV:DM) (FSE:D4G) is pleased to announce that its wholly owned subsidiary, Ronin Blockchain Corp. (“Ronin”), has commenced mining in two geographies, activating Ronin’s 150MW of available capacity with Gosun Group (“GoSun”) in Asia, and mining facilities in the province of Quebec, Canada. The mining rigs will be fully deployed in both locations as of April 12th ahead of schedule. This completes phase 1 of Ronin’s plan of establishing a diversified GPU mining footprint, centrally controlled from Canada prior to expanding to our full capacity.
“To be fully operational ahead of plan in multiple jurisdictions exhibits Ronin’s experience and execution skills and is a major milestone towards activating Ronin’s 150MW of available mining capacity.”, says Michael Frank, Chief Executive Officer of Ronin.
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).
Additional information on Datametrex is available at: www.datametrex.com
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For further information, please contact:
Jeffrey Stevens – President & COO
Phone: (647) 400-8494
Michael Frank – CEO, Ronin Blockchain Corp.
Phone: (416) 482-3282 ext. 225
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