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Vortex Brands, Co. (Vortex) has two business operations: Bitcoin Mining and offers multi-purpose Phase Angle Synchronization (PAS) equipment as a service to electric utilities in the United States. The Company is engaged in Bitcoin Mining that is the process, by which bitcoins are created, resulting in new blocks being added to the blockchain and new bitcoins being issued to the miners. Miners engage in a set of prescribed complex mathematical calculations to add a block to the blockchain and thereby confirm cryptocurrency transactions included in that block’s data. Miners that are successful in adding a block to the blockchain are automatically awarded a fixed number of Bitcoins for their effort. PAS is a technology designed to address the problem of inefficient power consumption caused by electric motors. The Company’s subsidiary includes Blockchain Energy.
Name | Age | Since | Title |
---|---|---|---|
Todd Higley | 48 | 2018 | President, CEO & Director |
Cecilia Widner-White | 74 | 2018 | Director |
Alfredo Forte | 56 | 2019 | Director |
John F. Nunley | 74 | 2019 | Director |
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