{"id":532743,"date":"2021-08-31T08:33:13","date_gmt":"2021-08-31T12:33:13","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/olb-group-subsidiary-dmint-orders-data-centers-for-cryptocurrency-mining\/"},"modified":"2021-08-31T08:33:13","modified_gmt":"2021-08-31T12:33:13","slug":"olb-group-subsidiary-dmint-orders-data-centers-for-cryptocurrency-mining","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/olb-group-subsidiary-dmint-orders-data-centers-for-cryptocurrency-mining\/","title":{"rendered":"OLB Group Subsidiary DMint Orders Data Centers For Cryptocurrency Mining"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>OLB Group Subsidiary DMint Orders Data Centers For Cryptocurrency Mining<\/b><\/p>\n<p><i><span style=\"font-weight:normal\">Data centers will begin operations in mid-September, housing the first 1000 miners expected to generate around $3M for the 4<sup>th<\/sup> quarter of 2021 revenue, and functioning with a net-zero carbon footprint.<\/span><\/i><\/p>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.olb.com%2F&amp;esheet=52482179&amp;newsitemid=20210831005008&amp;lan=en-US&amp;anchor=The+OLB+Group%2C+Inc.&amp;index=1&amp;md5=be20dcef37445948e8b5a67a479d9797\">The OLB Group, Inc.<\/a> (NASDAQ: OLB), a provider of cloud-based omnicommerce and payment acceptance solutions for small- and mid-sized merchants, announced that DMint, Inc, a wholly-owned subsidiary of OLB (\u201cDMint\u201d), is expecting their first batch of cryptocurrency data centers to come online mid-September 2021. Located in Bradford, PA, the centers will be powered through clean gas energy generated through DMint mineral rights.\n<\/p>\n<p>\n\u201cThese new data centers employ the latest efficiencies for maximizing performance of the miners with an eye on the environmental impact and cost of power,\u201d said Ronny Yakov, Chief Executive Officer of OLB. \u201cWe expect this approach to generate excellent revenue and will enable further expansion of all services and functions important to keeping our merchants competitive. Crypto commerce is becoming increasingly popular with merchants and consumers, and OLB is striving to make it accessible to all.\u201d\n<\/p>\n<p>\nDmint\u2019s first data centers will accommodate some 1000 miners that are expected to be in operation before the end of September 2021, generating more than $3M new revenue for OLB. DMint has plans to increase capacity to some 24,000 miners over the next 24 months.\n<\/p>\n<p>\nMerchants interested in implementing cryptocurrency commerce or omnicommerce services can set up a SecurePay or OmniSoft account at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fcardaccept.com%2F%23contact&amp;esheet=52482179&amp;newsitemid=20210831005008&amp;lan=en-US&amp;anchor=https%3A%2F%2Fcardaccept.com%2F%23contact&amp;index=2&amp;md5=dba666385ba4320178dd0624a01aefa1\">https:\/\/cardaccept.com\/#contact<\/a>.\n<\/p>\n<p>\nFor more information about The OLB Group, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.olb.com&amp;esheet=52482179&amp;newsitemid=20210831005008&amp;lan=en-US&amp;anchor=www.olb.com&amp;index=3&amp;md5=6c2c3931f78c719e2559174e6f79c24d\">www.olb.com <\/a>or <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.olb.com%2Finvestors-data&amp;esheet=52482179&amp;newsitemid=20210831005008&amp;lan=en-US&amp;anchor=www.olb.com%2Finvestors-data&amp;index=4&amp;md5=b826b47825ff076f8c616096f34b5fa4\">www.olb.com\/investors-data<\/a>.\n<\/p>\n<p><b>Future OLB Press Releases and Updates<\/b><\/p>\n<p>\nInterested investors or shareholders can be notified of future Press Releases and Industry Updates by e-mailing <a rel=\"nofollow\" href=\"mailto:investorrelations@OLB.com\">investorrelations@OLB.com<\/a>.\n<\/p>\n<p><b>Safe Harbor Statement<\/b><\/p>\n<p>\nAll statements from The OLB Group, Inc. in this news release that are not based on historical fact are &#8220;forward-looking statements&#8221; within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements include, but are not limited to, statements concerning the impact of COVID-19 on our operations and financial condition, our ability to implement our proprietary merchant boarding and CRM system and to roll out our Omni Commerce and SecurePay applications, including payment methods, to our current merchants and the integration of our secure payment gateway with our crowdfunding platform, our ability to successfully launch a cryptocurrency mining operation and our ability to earn revenue from the new operations. While the Company\u2019s management has based any forward-looking statements contained herein on its current expectations, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties, and other factors, many of which are outside of our control, that could cause actual results to materially differ from such statements. Such risks, uncertainties, and other factors include statements regarding the expected revenue and income for operations to be generated by The OLB Group, Inc. For other factors that may cause our actual results to differ from those that are expected, see the information under the caption \u201cRisk Factors\u201d in the Company\u2019s most recent Form 10-K and 10-Q filings, and amendments thereto, as well as other public filings with the SEC since such date. The Company operates in a rapidly changing and competitive environment, and new risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. The Company disclaims any intention to, and undertakes no obligation to, update or revise any forward-looking statement.\n<\/p>\n<p><b>About The OLB Group, Inc.<\/b><\/p>\n<p>\nThe OLB Group, Inc. is a payment facilitator and commerce service provider that delivers cloud-based merchant services for web-based and brick-and-mortar organizations. OLB provides a seamless, end-to-end digital commerce solution that includes site creation, hosting, transaction processing and payment gateway, order fulfillment, customer service, outbound marketing, sales reporting, and fundraising. With services from private label shopping sites designed to maintain the unique look or feel of the merchant website, to order fulfillment and customer service, OLB remains invisible to the user and promotes the merchant\u2019s brand with market-leading technology and solutions. For more information about solutions, services, or to find a reseller, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.olb.com%2F&amp;esheet=52482179&amp;newsitemid=20210831005008&amp;lan=en-US&amp;anchor=www.olb.com&amp;index=5&amp;md5=4cf1d6773e36437fe8008d168ebed4a7\">www.olb.com<\/a>. Investor information is available at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.olb.com%2Finvestors-data&amp;esheet=52482179&amp;newsitemid=20210831005008&amp;lan=en-US&amp;anchor=www.olb.com%2Finvestors-data&amp;index=6&amp;md5=64f8a18430b34b3fb55babe8c6726376\">www.olb.com\/investors-data<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210831005008r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210831005008\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210831005008\/en\/<\/a><\/span><\/p>\n<p>\nThe OLB Group &#8211; Investor Relations<br \/>\n<br \/>Rick Lutz<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:InvestorRelations@olb.com\">InvestorRelations@olb.com<br \/>\n<\/a><br \/>(212) 278-0900 EXT: 333\n<\/p>\n<p><b>KEYWORDS:<\/b> United States North America Pennsylvania New York<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Networks Internet Environment Finance Data Management Professional Services Technology Security<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210831005008\/en\/1084478\/3\/OLB-4Nasdaq.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>OLB Group Subsidiary DMint Orders Data Centers For Cryptocurrency Mining Data centers will begin operations in mid-September, housing the first 1000 miners expected to generate around $3M for the 4th quarter of 2021 revenue, and functioning with a net-zero carbon footprint. NEW YORK&#8211;(BUSINESS WIRE)&#8211;The OLB Group, Inc. (NASDAQ: OLB), a provider of cloud-based omnicommerce and payment acceptance solutions for small- and mid-sized merchants, announced that DMint, Inc, a wholly-owned subsidiary of OLB (\u201cDMint\u201d), is expecting their first batch of cryptocurrency data centers to come online mid-September 2021. Located in Bradford, PA, the centers will be powered through clean gas energy generated through DMint mineral rights. \u201cThese new data centers employ the latest efficiencies for maximizing performance of the miners with &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/olb-group-subsidiary-dmint-orders-data-centers-for-cryptocurrency-mining\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;OLB Group Subsidiary DMint Orders Data Centers For Cryptocurrency Mining&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-532743","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>OLB Group Subsidiary DMint Orders Data Centers For Cryptocurrency Mining - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/olb-group-subsidiary-dmint-orders-data-centers-for-cryptocurrency-mining\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"OLB Group Subsidiary DMint Orders Data Centers For Cryptocurrency Mining - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"OLB Group Subsidiary DMint Orders Data Centers For Cryptocurrency Mining Data centers will begin operations in mid-September, housing the first 1000 miners expected to generate around $3M for the 4th quarter of 2021 revenue, and functioning with a net-zero carbon footprint. NEW YORK&#8211;(BUSINESS WIRE)&#8211;The OLB Group, Inc. (NASDAQ: OLB), a provider of cloud-based omnicommerce and payment acceptance solutions for small- and mid-sized merchants, announced that DMint, Inc, a wholly-owned subsidiary of OLB (\u201cDMint\u201d), is expecting their first batch of cryptocurrency data centers to come online mid-September 2021. Located in Bradford, PA, the centers will be powered through clean gas energy generated through DMint mineral rights. \u201cThese new data centers employ the latest efficiencies for maximizing performance of the miners with &hellip; Continue reading &quot;OLB Group Subsidiary DMint Orders Data Centers For Cryptocurrency Mining&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/olb-group-subsidiary-dmint-orders-data-centers-for-cryptocurrency-mining\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-08-31T12:33:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210831005008r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/olb-group-subsidiary-dmint-orders-data-centers-for-cryptocurrency-mining\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/olb-group-subsidiary-dmint-orders-data-centers-for-cryptocurrency-mining\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"OLB Group Subsidiary DMint Orders Data Centers For Cryptocurrency Mining\",\"datePublished\":\"2021-08-31T12:33:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/olb-group-subsidiary-dmint-orders-data-centers-for-cryptocurrency-mining\\\/\"},\"wordCount\":797,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/olb-group-subsidiary-dmint-orders-data-centers-for-cryptocurrency-mining\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20210831005008r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/olb-group-subsidiary-dmint-orders-data-centers-for-cryptocurrency-mining\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/olb-group-subsidiary-dmint-orders-data-centers-for-cryptocurrency-mining\\\/\",\"name\":\"OLB Group Subsidiary DMint Orders Data Centers For Cryptocurrency Mining - 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NEW YORK&#8211;(BUSINESS WIRE)&#8211;The OLB Group, Inc. (NASDAQ: OLB), a provider of cloud-based omnicommerce and payment acceptance solutions for small- and mid-sized merchants, announced that DMint, Inc, a wholly-owned subsidiary of OLB (\u201cDMint\u201d), is expecting their first batch of cryptocurrency data centers to come online mid-September 2021. Located in Bradford, PA, the centers will be powered through clean gas energy generated through DMint mineral rights. \u201cThese new data centers employ the latest efficiencies for maximizing performance of the miners with &hellip; Continue reading \"OLB Group Subsidiary DMint Orders Data Centers For Cryptocurrency Mining\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/olb-group-subsidiary-dmint-orders-data-centers-for-cryptocurrency-mining\/","og_site_name":"Market Newsdesk","article_published_time":"2021-08-31T12:33:13+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210831005008r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/olb-group-subsidiary-dmint-orders-data-centers-for-cryptocurrency-mining\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/olb-group-subsidiary-dmint-orders-data-centers-for-cryptocurrency-mining\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"OLB Group Subsidiary DMint Orders Data Centers For Cryptocurrency Mining","datePublished":"2021-08-31T12:33:13+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/olb-group-subsidiary-dmint-orders-data-centers-for-cryptocurrency-mining\/"},"wordCount":797,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/olb-group-subsidiary-dmint-orders-data-centers-for-cryptocurrency-mining\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210831005008r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/olb-group-subsidiary-dmint-orders-data-centers-for-cryptocurrency-mining\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/olb-group-subsidiary-dmint-orders-data-centers-for-cryptocurrency-mining\/","name":"OLB Group Subsidiary DMint Orders Data Centers For Cryptocurrency Mining - 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