Microelectronics Technology Co. (fka MELY)

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PR's from MELY , and one time everytime. Please read


Microelectronics Technology Corporation Enters Into Negotiations for the acquisition of a Cyber Currency Digital Mining Company

Microelectronics Technology Corporation Enters Into Negotiations for the acquisition of a Cyber Currency Digital Mining Company
MONARCH BAY, CA--(Marketwired - Feb 18, 2014) - Microelectronics Technology Corporation (OTCBB: MELY) (OTCQB: MELY) is pleased to announce the Company has entered into negotiations for the acquisition of an established digital mining company and its digital mining assets.

The acquisition will include the existing operational digital mining servers and support software which will be transitioned to the Dynamo Server co-location facilities to allow for peak efficiency utilizing the state of the art server and seamless expansion capability dynamo servers can provide.




Microelectronics Technology Corporation Acquires Bitcoin Cyber Currency Digital Mining Company

Microelectronics Technology Corporation Acquires Bitcoin Cyber Currency Digital Mining Company
MONARCH BAY, CA--(Marketwired - Apr 3, 2014) - Microelectronics Technology Corporation (OTCBB: MELY) (OTCQB: MELY), is pleased to announce the Company has entered completed negotiations for the acquisition of an established digital mining company and its digital mining assets. The acquisition is now subject to final formal documentation to be completed by April 18, 2014.





Microelectronics Technology Corporation Plans Phase One 100 TH/s Mining Center

Microelectronics Technology Corporation Plans Phase One 100 TH/s Mining Center
MONARCH BAY, CA--(Marketwired - Apr 9, 2014) - Microelectronics Technology Corporation (OTCBB: MELY) (OTCQB: MELY) is pleased to announce the Company has initiated negotiations with Institutional Investment Funds for equipment acquisition financing.

The company is in negotiations for a NON-DILUTIVE credit facility of five million dollars for the acquisition and development of the digital currency mining center the company is developing through its Dynamo Server division.

The company is in the planning stages for the development of a first phase 100 TH/s
BTC mining center.

The company will be investing in the required hardware needed to provide the targeted 100 TH/s rate over the period of six to eight months.





Microelectronics Technology Corporation Secures Bitcoin Mining Server Supplier

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.





Microelectronics Technology Corporation Completes Acquisition of Bitcoin Cyber Currency Digital Mining Company

Microelectronics Technology Corporation Completes Acquisition of Bitcoin Cyber Currency Digital Mining Company
MONARCH BAY, CA--(Marketwired - Apr 17, 2014) - Microelectronics Technology Corporation (OTCQB: MELY), is pleased to announce the Company has completed the documentation required for the finalization of the acquisition of Digital Mining Corporation and its digital mining assets.

Complete Acquisition details will be provided on form 8K yet to be filed.


Microelectronics Technology Corporation Provides Update Regarding Acquisition of Bitcoin Cyber Currency Digital Mining Company

Microelectronics Technology Corporation Provides Update Regarding Acquisition of Bitcoin Cyber Currency Digital Mining Company
MONARCH BAY, CA--(Marketwired - Apr 25, 2014) - Microelectronics Technology Corporation (OTCQB: MELY), the Company previously announced:

"Company has completed the documentation required for the finalization of the acquisition of Digital Mining Corporation and its digital mining assets.

Complete Acquisition details will be provided on form 8K yet to be filed."

THE COMPANY WILL FILE FORM 8K WITHIN FOUR DAYS OF THE EFFECTIVE DATE IN COMPLIANCE WITH SEC REQUIREMENTS.





Microelectronics Technology Corporation Announces Bitcoin Mining Pool Status

Microelectronics Technology Corporation Announces Bitcoin Mining Pool Status
MONARCH BAY, CA--(Marketwired - May 1, 2014) - Microelectronics Technology Corporation (OTC Pink: MELY) (PINKSHEETS: MELY) is pleased to announce the status of the company's BTC Digital Mining Pool.

The BTC Mining Pool URL is: https://www.btcpoolparty.com/index.php

"At present the entire Bitcoin mining pool front end and backend is complete and is now in the processing of finishing its Bitcoin block chain synchronization. Stratum is up and running and sitting in sleep mode until the block chain is complete and our Avalon based test mining units are ready to start beta tests imminently." Stated company president Brett Everett, "the company expects to begin the Beta testing phase today, May 1, 2014 which will take a few days to complete and integrate the first of three, 1TH/s servers."

The Company previously announced April 17, 2014:

"The company anticipates the launch of its Bitcoin Mining pool May 1, 2014.

The company will add the first 3 (1TH/S servers) Bitcoin Mining Servers to the mining pool upon completion of the initial testing, with the addition of 10 (1TH/s servers) every two weeks contingent upon consistent delivery of the servers from our supplier.



Microelectronics Technology Corporation BTCPool Beta Testing Update

Microelectronics Technology Corporation BTCPool Beta Testing Update
MONARCH BAY, CA--(Marketwired - May 6, 2014) - Microelectronics Technology Corporation (OTC Pink: MELY) (PINKSHEETS: MELY), the Company is pleased to announce progress of beta testing of the company's BTC mining pool.

The first of three 1 TH/S servers has been added to the company's BTC Mining pool for the initial phase of beta testing. The beta testing is required to determine the production capabilities of the first of three initial 1 TH/s servers being added to the pool by the company with the additional two (1 TH/s servers) to be brought online upon delivery.

When these servers are online the company will continue to performance test all three production servers. Upon completion of satisfactory testing the company will initiate ordering the next ten servers as previously announced.

The company will order ten servers every two weeks, subject to availability and delivery, until the total of 100 TH/s has been achieved.

This will be the first phase of the company's initial BTC Mining business plan.



Current Report Filing (8-k)

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K


CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): May 5, 2014

MICROELECTRONICS TECHNOLOGY COMPANY
(Exact name of Company as specified in its charter)




Microelectronics Technology BTCPool Beta Testing Update

Microelectronics Technology BTCPool Beta Testing Update
MONARCH BAY, CA--(Marketwired - May 16, 2014) - Microelectronics Technology Corporation (OTC Pink: MELY) (PINKSHEETS: MELY), the Company is pleased to announce progress of the company's BTC Mining activities.

The Company continues the testing the first of three 1 TH/s servers. The delivery of the two additional 1 TH/s servers is expected on May 20, 2014. During this initial testing phase the company is determining the BTC production capabilities and power consumption, a key component in determining the economic viability of the server.

During this phase the company has temporarily moved its first 1 TH/s server to the BTC Guild mining pool and is operating under Identity number : 547125 and is ranked at number 1172 based on the current mining hash rate.

The company will move the three 1 TH/s servers back to the company's BTCmining pool upon completion of testing.

https://www.btcpoolparty.com/index.php

The 1 TH/s server has operated on the BTC Guild mining pool for approximately 84 hours and produced 0.34 BTC to date.

This testing phase indicates that the 1 TH/S server should produce BTC in the range of 0.0549 to 0.0971 per 24 hour period per server.

The company anticipates that the increase in the number of servers will provide for a higher yield per server per 24 hour period.

The company has confirmed that the 2 additional 1 TH/s servers are shipped and will be delivered by Tuesday, May 20, 2014

Upon delivery the two additional 1TH/s servers will be tested in similar fashion prior to ordering the next ten 1 TH/s servers.

The delivery time for the servers has varied to date however the company is confident that the delivery schedule will stabilize with the order of additional servers on a regular basis. The company is pleased that it has secured a consistent supply of BTC Mining servers that deliver on schedule.

The company will be providing updates on the BTC Mining beta testing results on a regular basis.

The company's BTCMining Pool can be found @ :

https://www.btcpoolparty.com/index.php

Bitcoin Mining: BTC
The company is in development of a 100 TH/s mining pool.

The company will be investing in the required hardware needed to provide the targeted 100 TH/s rate over the period of six to eight months.

The company will be operating this cyber currency mining center in an open pool configuration allowing other miners to join the pool for a proportional percentage share of the mining pool production.



Microelectronics Technology Corporation 100TH/s Server Order Update

Microelectronics Technology Corporation 100TH/s Server Order Update
MONARCH BAY, CA--(Marketwired - Jun 25, 2014) - Microelectronics Technology Corporation (OTC Pink: MELY) (PINKSHEETS: MELY) previously announced it had ordered one hundred, 1TH/s BTC mining servers. The Company is pleased to announce it has received all one hundred servers and is currently in the process of deploying a portion of them to the data center in the Vancouver, Canada area.

The company has also been building out its own data center in Washington State which is anticipated to be operational July 11, 2014 or earlier. This facility, once completed and operational, will allow for the company to expand up to five hundred (500) BTC Mining Servers in one facility. Once this facility is operational the company will then apply all 100TH/s BTC Mining to the company's BTCpoolparty mining pool. https://www.btcpoolparty.com/index.php

The company will be installing and testing all 100-1TH/s BTC Servers during this time period to determine power consumption and hash rate consistency. These 100 servers are reported by the manufacturer to be 25% more power efficient than the previous servers the company has currently online.

The company expects significant results from the BTC Pool Party mining pool once the 100TH/s have been installed and are operational.