BlockchainK2 Updates Bitcoin Mining Operations with Standard Power

Vancouver, British Columbia–(Newsfile Corp. – April 15, 2021) – BlockchainK2 Corp. (TSXV: BITK) (OTCQB: BIDCF) (FSE: KRL2) (the “BlockchainK2” or “Company”) is happy to announce an operational replace to its current revenue sharing partnership with Standard Power. The operations have been profitably producing Bitcoin with the Company’s unique technology Bitmain S9 miners for the reason that starting of operations in July of 2019.

Located in Coshocton, Ohio, Standard Power has current internet hosting capability that enables for 56 MW of energy use for operations. The firm additionally has secured a 40 acre web site in close by Conesville, Ohio, with plans so as to add an extra 160 acres there. This would supply internet hosting capability to accommodate cryptocurrency miners with as much as 1,000 MW of energy use at Standard Power’s below-market pricing.

This enticing value permits the Company to have a low Bitcoin mining breakeven value for its miners and offers a strong platform for the Company to develop its Bitcoin mining enterprise. The Company is utilizing its business attain to establish further internet hosting companions to develop its revenue sharing partnership with Standard Power.

BlockchainK2 is trying ahead to develop its working relationship with Standard Power with business main mining {hardware}.

About BlockchainK2 Corp.

BlockchainK2 Corp. is a holding firm investing in blockchain know-how options for capital markets and different sectors that may be made extra environment friendly by way of tokenization. The Company owns a gaming platform Amplify Games Inc altering the best way video video games are distributed and promoted. BlockchainK2 can also be invested in RealBlocks, a know-how platform for personal fairness, non-public credit score and actual property that gives tokenized secondary buying and selling of LP pursuits. The firm’s wholly owned subsidiary iRecover Inc is working to implement the findings and ideas of behaviorism, social neurodevelopment, and behavioral economics in a blockchain based mostly software to help people recovering from habit. The Company additionally has executed a three way partnership settlement with Standard Power, an industrial scale crypto foreign money mining facility with very low energy prices within the United States. For data on BlockchainK2 Corp., please go to www.blockchaink2.com.

For additional data, please contact: Sergei Stetsenko, CEO 604-630-8746

About Standard Power

Standard Power is a number one infrastructure service supplier for superior information processing firms. As a part of its Tier III+ information heart designs, Standard Power focuses on applied sciences that help excessive efficiency computing and is likely one of the first to undertake liquid 2-phase immersion cooling know-how. Standard Power has developed strong designs and methods to offer massive scale blockchain mining infrastructure to its institutional companions.

Please go to: https://standardpwr.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that time period is outlined within the insurance policies of the TSX Venture Exchange) accepts duty for the adequacy or accuracy of this launch.

Cautionary Note Regarding Forward Looking Statements

This press launch incorporates statements which represent “forward-looking statements”, together with data regarding the intentions, plans and future motion of the Company described herein. The phrases “could”, “would”, “might”, “will”, “intend”, “plan”, “anticipate”, “consider”, “estimate”, “count on” and related expressions, as they relate to the Company, are meant to establish such forward-looking statements. Investors are cautioned that forward-looking statements are based mostly on the opinions, assumptions and estimates of administration thought-about cheap on the date the statements are made, and are inherently topic to quite a lot of dangers and uncertainties and different recognized and unknown components that might trigger precise occasions or outcomes to vary materially from these projected within the forward-looking statements. These components embrace the overall dangers of a public firm, at the moment with restricted enterprise and monetary sources, in addition to these danger components mentioned or referred to within the Company’s steady disclosure file out there at www.sedar.com. Should a number of of those dangers or uncertainties materialize, or ought to assumptions underlying the forward-looking statements show incorrect, precise outcomes could range materially from these described herein as meant, deliberate, anticipated, believed, estimated or anticipated. The Company doesn’t intend, and doesn’t assume any obligation, to replace these forward-looking statements besides as in any other case required by relevant legislation.

To view the supply model of this press launch, please go to https://www.newsfilecorp.com/release/80528

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