Vapor Group, Inc., Buys Five More State-of-the-Art Cryptocurrency Mining Machines
New Cryptocurrency Mining Subsidiary Now Has Bought 35 Cryptomining Machines
MIAMI, February 12, 2018
MIAMI, February 12, 2018 /PRNewswire/ —
Vapor Group, Inc. (OTC Pink: VPOR), (“Company” or “Vapor Group”), announced today that its new wholly-owned subsidiary, CryptoTechCurrency, Inc. (http://www.cryptotechcurrency.com), a cryptocurrency mining company, has purchased 5 additional cryptomining machines with state-of-the-art flexibility to increase profitability, bringing the Company’s total quantity of machines purchased to thirty-five (35) since December.
Yaniv Nahon, President, stated, “As we reported last month, we bought five cryptomining hardware “rigs” each with 8 Nvidia Model Geforce GTX 1070TI video cards, that are capable of mining on a 24/7 basis 99% of all existing cryptocurrencies in existence which we added to our existing 25 “high hash rate” cryptomining servers bought in December that are now in service. These rigs, just now being installed, can switch on any given day to mine whatever cryptocurrency is the most profitable, greatly increasing our potential profitability from this operation. Now, we have ordered 5 more of these rigs, giving us 10 with incredible flexibility to adjust to what will give us the best return in the market. He added, “In the coming months, we plan to purchase many more rigs in order to aggressively build our revenues from cryptomining.”
About Vapor Group, Inc.
Vapor Group, http://www.vaporgroup.com, is a publicly traded OTC company, trading under the symbol, VPOR, and today is a holding company for several subsidiaries.
CryptoTechCurrency, Inc., a newly formed, wholly-owned subsidiary of Vapor Group specializes in cryptocurrency mining, or “cryptomining” which is the fundamental methodology of earning and/or creating digital currencies such as Bitcoin, Litecoin and others, through the use of dedicated, specialized mining machines that perform complex mathematical functions to mine a cryptocurrency while also processing cryptocurrency transactions. These machines operate 24-hours per day, 7-days per week within mining-dedicated, temperature-controlled server centers that provide complete end-to-end technical and other support for “peace of mind” and uninterrupted operation.
The Company’s principal wholly-owned subsidiary, Total Vapor, Inc. is the worldwide distributor of the revolutionary, hand-held automatic Easy Grinder™. For more information or to place an order, visit http://www.easygrinder.com, visit Amazon.com at http://a.co/5HOPUkE, email firstname.lastname@example.org or call us at 844-420-EASY (3279). Easy Grinder™ is shippable to Canada.
Vapor Group also owns Vapor 123, Inc., an e-cigarette, vaporizer and e-liquid company, and Royal CBD, Inc., a marketer of hemp-based CBD oil products
If you have specific questions about the Company, please email us at email@example.com.
Safe Harbor Statement:
This release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Such statements include any that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words “estimate”, “project”, “intend”, “forecast”, “anticipate”, “plan”, “planning”, “expect”, “believe”, “likely”, “should”, “could”, “would”, “may” or similar words or expressions. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company’s actual results and financial position to differ materially from those in such statements, which involve risks and uncertainties, including those relating to the Company’s ability to grow. Actual results may differ materially from those predicted and any reported should not be considered an indication of future performance. Potential risks and uncertainties include the Company’s operating history and resources, economic, competitive, and equity market conditions.
Vapor Group, Inc.
SOURCE Vapor Group, Inc.