BlockMint Technologies Inc. provided an update on its Bitcoin mining operation which commenced on December 3, 2021 with fifty new S19 Antminers at a third-party hosting facility in Washington state. Since the start of mining operations, approximately 2.76 Bitcoins have been mined, equivalent to USD 110,490 based on a Bitcoin price of USD 40,000. For the most recent three month period (i.e. January 1st - March 31st 2022), the amount mined was approximately 2.07 Bitcoins.

There is no guarantee of future mining or financial performance which is subject to a number of factors including Bitcoin price, mining difficulty rate, electricity prices, machine performance, etc.