Vortex Brands Will Expand Bitcoin Mining

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DENVER, Jan. 18, 2023 /PRNewswire/ — Vortex Brands Co. (OTC: VTXB) announces that the company is currently working with its hosting partners on the availability and start dates of additional bitcoin mining equipment in order to expand its current bitcoin operation. The price of mining equipment has fallen in recent months due to the drop in the price of bitcoin. When Bitcoin was first launched, mining was a race to constantly upgrade to the latest hardware. However, the game has changed with the falling prices of Bitcoin mining equipment. It’s less about running the latest hardware as soon as possible, and more about minimizing infrastructure costs, minimizing power expenditures, and owning ASICs. The new cost of equipment will allow the company to minimize the infrastructure costs associated with new equipment while minimizing its energy expenditure. The company believes that now is the time to expand its bitcoin mining with current equipment prices. The company is currently working with its hosting partners on availability and start dates. We will provide additional information in the coming weeks.

As always, the company seeks to provide as much transparency as possible about its bitcoin mining operation, here is the link to our portfolio which can be viewed by shareholders: https://www.blockchain.com/btc/address/38xnQP3mbWoDQTqLZy3GFMZyd2bwigvwCp

About Vortex Brands Co.: The company operates as Technology Holdings Company which focuses on the cryptocurrency industry, specifically Bitcoin Mining. Additional information is available by visiting the Company’s website at www.vortexbrands.us or on Twitter at https://twitter.com/Vortexbrands.

*Revenue calculations. Please note that the Company believes all revenue related calculations to be accurate and based on factual information, there can be no assurance that the Company will be able to achieve all projections due to a number of business related factors , such as electricity pricing, mining equipment availability, bitcoin mining difficulty, bitcoin market price and other unforeseen issues in the deployment of its mining rigs. You can view update information on Bitcoin Mining by visiting https://minerstat.com/coin/BTC

Certain statements contained in this press release constitute forward-looking statements. These statements include the capabilities and success of the Company’s business and any of its products, services or solutions. The words “believe”, “plan”, “project”, “intend”, “expect”, “plan”, “should”, “would” and similar expressions and all statements, which do not are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors, each of which could prevent the Company from achieving all or part of its objectives or the actual results, performance (financial or operational ) previously announced by the Company. modify or defer future results, performance (funding and operation) or achievements, including those expressed or implied by such forward-looking statements. More detailed information about the Company and the risk factors that could affect the making of forward-looking statements is set forth in the Company’s filings with the SEC, copies of which may be obtained at the SEC’s website at address www.sec.gov. The Company undertakes no obligation to update any forward-looking statements contained in this press release and hereby disclaims any obligation.

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SOURCEVortex Brands Co.

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