Ronin Blockchain Corp. has begun mining a combination of alt coins
OREANDA-NEWS. April 19, 2018. Datametrex AI Limited (the “Company” or “Datametrex”) (TSXV:DM) (FSE:D4G) is pleased to announce that its wholly owned subsidiary, Ronin Blockchain Corp., has begun mining a combination of alt coins such as Zcash, Zcoin and Monero as well as Ethereum in both its Quebec and China locations. Ronin looks to maximize its 150 MW capacity in China and is also in discussion with a number of industry strategic partners that see the value in this massive footprint.
“The China jurisdiction along with the support from our partner GoSun has tremendous advantages and economies of scale. This footprint is one of the largest in the cryptocurrency mining sector today and should give Ronin key advantages,” says Michael Frank, CEO of Ronin Blockchain.
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