VANCOUVER, British Columbia--(BUSINESS WIRE)--Newnote Financial Corp. (the “Company”) (CSE: NEU; FSE: 1W4) is pleased to announce that its cloud hashing service ‘Newnote Miners’, which sold out of its initial capacity in 12 hours, has added an additional 100 Terahashes of capacity.
Newnote’s cloud hashing platform allows users to participate in Bitcoin mining without having to purchase, configure, and maintain expensive hardware. The few platforms that do exist, offer inflexible pricing, but Newnote’s next generation cloud hashing platform gives users added flexibility and convenience. In a few short years, cloud hashing has become a global multi-million dollar business.
Paul Dickson, President and CEO states: “The demand for Newnote’s cloud hashing services was overwhelming, showing that the Company is offering a service that meets the needs of the marketplace. As a result, the Company has been sourcing additional computing capacity. This trial run is only the beginning; additional computing power is planned for the near future.”
Newnote Miners cloud hashing software is designed to distribute Bitcoin to subscribers based on purchased hashing power. Users may purchase a contract for one day or 24 months and may choose from one gigahash to multiple terahashes with no need for hardware or technical expertise. Individuals wishing to buy cloud hashing services can go to the Newnote Miner website: http://www.newnoteminers.com/.
About Newnote Financial Corp.
Newnote Financial Corp. is pioneering innovative crypto-currency and Bitcoin related software products and services geared at the growing business segment of this bourgeoning market. Newnote has positioned itself to be a leading contender in delivering opportunities to startup businesses world-wide and continues to create new opportunities for its clients and its shareholders. Newnote has a clear vision on the direction in which this new and unique business is headed and is continually adjusting and adopting new business practices in both technology and the policies & procedures required by banks and securities regulators.
For further information please contact:
President, CEO & Director
Newnote Financial Corp.
Suite 709-700 West Pender Street
Vancouver, BC V6C 1G8
This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business and trading in the common stock of Newnote Financial Corp. The forward-looking information is based on certain key expectations and assumptions made by the company's management. Although the company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the company can give no assurance that they will prove to be correct. These forward-looking statements are made as of the date of this press release and the company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.
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