SMI Vantage announced that it has started cryptocurrency mining operations in Bandar Seri Begawan, Brunei. SMI Vantage has signed leases with two locations and is expected to sign two more leases in the near future. All four locations will be sufficient to house 1,500 cryptocurrency mining machines, which form part of the 3,000 cryptocurrency mining machines previously announced.

The shipment of the remaining 1,500 cryptocurrency mining machines has been delayed by various supply chain impediments in China. As previously announced, SMI Vantage owns the remaining 1,500 cryptocurrency mining machines and expects to ship them to Brunei within the next two to three months.