|By Business Wire||
|May 13, 2014 04:21 PM EDT||
Newnote Financial Corp. (the “Company”) (CSE: NEU; FSE: 1W4) is pleased to announce that its cloud hashing service ‘Newnote Miners’ is now live and accepting Bitcoin, Litecoin and Dogecoin for hashing power.
Cloud hashing enables users to participate in Bitcoin mining without having to purchase and maintain expensive hardware. Even though the cloud hashing business is still in its infancy, it has become a multi-million dollar global business. Industry experts expect cloud hashing to grow substantially as Bitcoin prices appreciate, driving further interest from individuals and companies who wish to mine Bitcoin.
Paul Dickson, President and CEO states: “We’ve just made Newnote Miners available to the public and are currently accepting Bitcoin, Litecoin and Dogecoin as payment for contracts. Our rates are more than competitive and we expect the crypto-currency community to be pleased with what we’ve created. Our pricing model is designed to ensure profitability for the subscriber at the time of purchase.”
Newnote Miners cloud hashing software is designed to distribute Bitcoin to subscribers based on purchased hashing power. Users may purchase a contract for one day or 24 months and may choose from one gigahash to multiple terahashes with no need for hardware or technical expertise. Individuals wishing to buy cloud hashing services can go to the Newnote Miners website: http://www.newnoteminers.com/.
About Newnote Financial Corp.
Newnote Financial Corp. is pioneering innovative crypto-currency and Bitcoin related software products and services geared at the growing business segment of this bourgeoning market. Newnote has positioned itself to be a leading contender in delivering opportunities to startup businesses world-wide and continues to create new opportunities for its clients and its shareholders. Newnote has a clear vision on the direction in which this new and unique business is headed and is continually adjusting and adopting new business practices in both technology and the policies & procedures required by banks and securities regulators.
For further information please contact:
President, CEO & Director
Newnote Financial Corp.
Suite 709-700 West Pender Street
Vancouver, BC V6C 1G8
This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business and trading in the common stock of Newnote Financial Corp. The forward-looking information is based on certain key expectations and assumptions made by the company's management. Although the company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the company can give no assurance that they will prove to be correct. These forward-looking statements are made as of the date of this press release and the company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.
The CSE has not reviewed, approved or disapproved the content of this press release.
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