Original date was Sept 1st, now moved up to around July 1st. two months ahead of the original schedule
Microelectronics Technology Corporation Secures Bitcoin Mining Server Supplier
Microelectronics Technology Co. (PC) (USOTC:MELY)
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Microelectronics Technology Corporation Secures Bitcoin Mining Server Supplier
MONARCH BAY, CA--(Marketwired - Apr 16, 2014) - Microelectronics Technology Corporation (OTCBB: MELY) (OTCQB: MELY), is pleased to announce the Company has negotiated with a Bitcoin equipment supplier for the acquisition of the 100 Th/s Bitcoin Mining servers.
The agreement calls for the initial delivery of three (1TH/s servers) Bitcoin mining servers to the companies Dynamo server co-location facilities for installation and testing.
Upon the determination of the performance abilities of the servers and the power consumption profile has been established, the company has agreed to take delivery of ten (1 TH/s servers) every two weeks for the next twenty weeks.
Upon completion the company will have established the planned first phase 100 TH/S BTC Mining Center by September 1, 2014
The company anticipates the launch of its Bitcoin Mining pool May 1, 2014.
