BTCS Now Producing Revenue from all 100 Ethereum 2.0 Nodes
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BTCS Now Producing Revenue from all 100 Ethereum 2.0 Nodes

THELOGICALINDIAN - Silver Spring MD Globe Newswire March 8 2024 BTCS Inc OTCQB BTCS BTCS or the Aggregation a agenda asset and blockchain technologyfocused aggregation today appear its afresh broadcast transaction analysis casework operation on Ethereum 20 is absolutely operational and breeding acquirement from all 100 nodes

In September 2024, BTCS was the aboriginal U.S. accessible aggregation to abundance bitcoin and is now the aboriginal U.S. accessible aggregation to run validator nodes on Ethereum 2.0. The Aggregation believes this action can drive able near-term acquirement advance while breeding banking allotment above to acceptable bitcoin mining and aperture the aperture to added approaching revenue-generating casework such as staking as a service.  

On December 1, 2020, Ethereum began transitioning to a “proof-of-stake” protocol, Ethereum 2.0. Under the “proof-of-stake” accord algorithm, ETH holders accept the absolute appropriate to accomplish validator nodes on the arrangement and verify transactions, thereby earning transaction fees for their work.  

About BTCS 

BTCS is an aboriginal aspirant in the agenda asset bazaar and one of the aboriginal U.S. about traded companies focused on agenda assets and blockchain technologies. The Company through its transaction analysis casework business actively verifies and validates blockchain affairs and is adored with agenda assets for its work. The Company is additionally developing a proprietary agenda asset abstracts analytics belvedere that allows users to consolidate their crypto trades from assorted exchanges assimilate a distinct platform, enabling users to appearance and assay their performance, accident metrics, and abeyant tax implications. The Company employs a agenda asset treasury action with a primary focus on confusing non-security agreement band assets such as bitcoin and Ethereum. For added advice visit: www.btcs.com.

Forward-Looking Statements

Certain statements in this columnist release, aggregate “forward-looking statements” aural the acceptation of the federal balance laws including statements apropos our acceptance apropos the advance of our validator bulge arrangement and the added dispatch of our near-term acquirement growth. Words such as “may,” “might,” “will,” “should,” “believe,” “expect,” “anticipate,” “estimate,” “continue,” “predict,” “forecast,” “project,” “plan,” “intend” or agnate expressions, or statements apropos the intent, belief, or accepted expectations, are advanced statements. While the Company believes these advanced statements are reasonable, disproportionate assurance should not be placed on any such advanced statements, which are based on advice accessible to us on the date of this release. These advanced statements are based aloft accepted estimates and assumptions and are accountable to assorted risks and uncertainties, including after limitation the rewards and costs associated with acceptance affairs on proof-of-stake blockchains, a cogent abatement in amount of ETH and rewards while bound up, accident or annexation of the clandestine abandonment keys consistent in the complete accident of ETH and reward, as able-bodied as risks set alternating in the Company’s filings with the Balance and Exchange Commission including its Form 10-K for the year concluded December 31, 2024, and the Prospectus Supplement filed March 4, 2024. Thus, absolute after-effects could be materially different. The Company especially disclaims any obligation to amend or adapt statements whether as a aftereffect of new information, approaching events, or otherwise, except as appropriate by law.

Investor Relations:

Dave Gentry

RedChip Companies, Inc.

Phone: (407) 491-4498

[email protected]

Disclosure: This is a paid adjustment by BTCS Inc., a applicant of Epic MegaCorp LLC (dba CryptoCoin.News). BTCS agreed to pay Epic MegaCorp LLC $122,650 for broker acquaintance services. Epic MegaCorp LLC is a business aggregation and not a registered advance advisor. The admonition independent on this armpit is not advised to be, and shall not constitute, an action to advertise nor the address of any action to buy any security. The admonition presented on this recorded band is provided for advisory purposes alone and is not to be advised as admonition to accomplish any specific investment.