Indianapolis, IN. July 09, 2018 /GlobeNewswire/ — iMine Corporation (“iMine” or the “Company”) (OTCQB:JRVS), a publicly-traded company focused on developing and selling commercial-grade cryptocurrency miners, announces that the Company has developed, tested, and launched its flagship product the Ai-1, a 12-GPU cryptocurrency miner that outputs over 490 Megahash/s.
“After months of rigorous product testing by our manufacturer, we are proud to showcase iMine’s first-class cryptocurrency miner, the Ai-1,” said Daniel Tsai, iMine’s Chief Executive Officer. “Ai-1 is a reliable GPU-based high-performance commercial-grade cryptocurrency miner product that we believe will be sought after by the blockchain industry.”
Ai-1 features advanced technologies that are designed to help deliver superior performance over competing GPU-based mining rigs on the market. Best-in-class features include:
- Multicoin Mining – Equipped with NVIDIA P104-100, a high-performance GPU designed for cryptocurrency mining, Ai-1 is compatible with most of the popular cryptocurrency algorithms including Ethash (Ethereum, Ethereum Classic), Equihash (Bitcoin Gold, ZCash), CryptoNightV7 (Monero), and Lyra2Rev2 (Vertcoin).
- Superior Cooling – Ai-1 comes standard with a professional closed-system chassis and ten cooling fans to keep the GPUs operating at the optimal temperature and drive down air-conditioning cost.
- Plug-in Ready – Ai-1 requires minimum assembly and comes pre-installed with EthOS, an operating system specialized in mining.
About iMine Corp
iMine is a publicly-traded corporation that is in the process of developing the business of selling computer equipment which can be used for the mining of cryptocurrency. The industry commonly refers to this computer equipment as “mining rigs”. We plan to develop and sell GPU-based mining rigs based on our specifications. For more information, please visit http://iminecorp.com/. Information on our website is not part of this press release.
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 design and market cryptocurrency mining equipment, sell any cryptocurrency it may mine, and develop and market its own cryptocurrency mining equipment. 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.
Media and Investor Contact: