Agoracom Blog

Newnote Financial Announces Strong Demand for Bitcoin Cloud Hashing Service

Posted by AGORACOM-JC at 9:04 AM on Friday, June 20th, 2014

Vancouver, British Columbia – Newnote Financial Corp. (the “Company”) (CSE: NEU; FSE: 1W4) announced today that it currently has sold 44% of its 110 terahash cloud hashing capacity in four weeks, representing approximately $78,000 in gross sales.

Newnote’s state-of-the-art cloud hashing platform allows users to participate in Bitcoin mining without having to purchase, configure, and maintain expensive hardware. Newnote also allow owners of Bitcoin mining equipment to use the leading-edge Newnote Mining software system to consign computing power to Newnote customers.

Paul Dickson, President and CEO states: “The demand for Newnote’s cloud hashing service is strong and growing steadily, showing that Newnote Miners has a product with robust global appeal. We are looking to add additional capacity as demand continues to grow.”

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:

Paul Dickson

President, CEO & Director

Newnote Financial Corp.

Suite 709-700 West Pender Street

Vancouver, BC V6C 1G8

direct: 604-229-0480

fax: 604-685-3833


Forward-Looking Information:

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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