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GRANDVILLE, MI / ACCESSWIRE / January 4, 2017 / Bitcoin Services Inc. (OTC PINK: BTSC) announced today that it purchased four Antminer S9 bitcoin miners. The S9 has more hashing power than any previous device crammed into its silicon; a massive 14 TH/s (TeraHash per second). A total of 189 chips, spread over 3 circuit boards, are combined to achieve this phenomenal hashrate. In addition, after several shareholder inquiries, the company has no plans for a reverse split. The current share structure as of today is 511,784,705 OS, 387,512,190 Restricted, and 124,272,515 Float.

About Bitcoin Services Inc.:

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Our business operations are Internet based to the consumer and consist of three separate streams, as follows: (1) bitcoin escrow services, (2) bitcoin mining, and (3) blockchain software development. The principal products and services are the mining of bitcoins, providing escrow services for buyers and sellers of bitcoins, and the development and sale of blockchain software. The market for these services and products is worldwide, and sold and marketed on the Internet.

Safe Harbor Statement

This release contains forward-looking statements within the meaning of Section 27a of the Securities Act of 1933, as amended and section 21e of the Securities and Exchange Act of 1934, as amended. Those statements include the intent, belief, or current expectations of the company and its management team. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. Accomplishing the strategy described herein is significantly dependent upon numerous factors, many that are not in management’s control. Some of these factors include the ability of the company to raise sufficient capital, attract qualified management, attract new customers, and effectively compete against similar companies.

CONTACT:

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SOURCE: Bitcoin Services Inc.