Vinanz Limited, a Bitcoin company listed on the London Stock Exchange (BTC:L) and trading under the symbol BTC:L in London and VINZF:US in the US, has announced that its first batch of US-made Bitcoin miners is now online in Indiana. The miners, manufactured by California-based Auradine Inc., represent a strategic move for the company as it expands its operations in the United States.
The initial test order, dated February 19, 2025, included 20 Auradine AT2880 miners, known for their efficiency of 220 terahashes per second (TH/s) and 17.5 joules per terahash (J/TH). These units were installed at Megawatt’s Indiana hosting facilities, which confirmed that the miners are performing as expected and have an estimated Bitcoin break-even price of approximately $57,000. This calculation is based on the reduced electricity costs of 7 cents per kilowatt-hour that Vinanz has contractually agreed to.
This development comes at a time when the US government is considering imposing tariffs on all US imports, prompting Vinanz to invest in the domestically produced Auradine AT2880. Previously, Vinanz sourced its mining equipment from China, including various models from Bitmain, Whatsminer, and Canaan.
David Lenigas, Chairman of Vinanz, expressed his excitement about the company’s latest acquisition: “Vinanz now has 140 units hashing in Indiana at Megawatt’s hosting facilities, including these new 20 Auradine miners, and we were informed last night that all miners are now producing a total of 16.78 PH/s for Vinanz. We are excited to purchase our first US-made miners for Vinanz’s expansion plans. We will consider adding more of these US-made miners to our US expansion plans this year, as they make economic sense and to demonstrate our support for the US economy and our companies there.”
The directors of Vinanz Limited have taken responsibility for this announcement, which is based on a press release. The company’s decision to purchase American-made miners is a significant step toward diversifying its supply chain and supporting the U.S. economy amid potential new trade policies.
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