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<p>Further Mining Machines Anticipated to be Electrified and Mining by the Finish of April 2023</p><p>TAMPA, Fla., April 12, 2023 /PRNewswire/ -- LM Funding America, Inc. (NASDAQ: LMFA) ("LM Funding" or the "Firm"), a cryptocurrency mining and technology-based specialty finance firm, immediately introduced that the Firm has expanded its contracts with Core Scientific ("Core") below which Core will host a further 900 of its bitcoin mining machines for the Firm, all of that are anticipated to be electrified and mining by the top of April 2023.</p><p>Bruce M. Rodgers, Chairman, and CEO of LM Funding commented, "We're comfortable that we have now reached an settlement to develop our enterprise relationship with Core to host a further 900 bitcoin mining machines, bringing the overall variety of machines hosted by Core to roughly 3,900. We count on to have these extra machines totally electrified and operational by the top of April, offering LM Funding with a complete mining capability of roughly 400 petahash from the machines hosted by Core. The addition of those machines brings the overall variety of mining machines electrified, and mining for the Firm, to roughly 4,600, offering LM Funding with a complete mining capability of roughly 470 petahash."</p> <p>About LM Funding America</p><p>LM Funding America, Inc. (Nasdaq: LMFA), along with its subsidiaries, is a cryptocurrency mining enterprise that commenced Bitcoin mining operations in September 2022. The Firm additionally operates a technology-based specialty finance firm that gives funding to nonprofit group associations (Associations) primarily positioned within the state of Florida, in addition to within the states of Washington, Colorado, and Illinois, by funding a sure portion of the Associations' rights to delinquent accounts which might be chosen by the Associations arising from unpaid Affiliation assessments.</p><p>Ahead-Wanting Statements</p><p>This press launch could include forward-looking statements made pursuant to the Personal Securities Litigation Reform Act of 1995. Phrases akin to "anticipate," "consider," "estimate," "count on," "intend," "plan," and "undertaking" and different comparable phrases and expressions are supposed to indicate forward-looking statements. Ahead-looking statements are usually not guaranties of future outcomes and situations however slightly are topic to numerous dangers and uncertainties. A few of these dangers and uncertainties are recognized within the firm's most up-to-date Annual Report on Kind 10-Okay and its different filings with the SEC, which can be found at <a target="_blank" href="https://c212.net/c/link/?t=0&l=en&o=3835051-1&h=1564389166&u=http%3A%2F%2Fwww.sec.gov%2F&a=www.sec.gov" rel="noopener">www.sec.gov</a>. These dangers and uncertainties embrace, with out limitation, uncertainty created by the COVID-19 pandemic, the dangers of getting into into and working within the cryptocurrency mining enterprise, the capability of our bitcoin mining machines and our associated means to buy energy at affordable costs, and the power to finance our deliberate cryptocurrency mining operations. The incidence of any of those dangers and uncertainties might have a cloth opposed impact on our enterprise, monetary situation, and outcomes of operations.</p>
<p>Contact:</p><p>Crescendo Communications, LLC</p><p>Tel: (212) 671-1021</p><p>E mail: <a target="_blank" href="https://www.valdostadailytimes.com/content/tncms/live/mailto:LMFA@crescendo-ir.com" rel="noopener">LMFA@crescendo-ir.com</a></p><p>View authentic content material to obtain multimedia: <a target="_blank" href="https://www.prnewswire.com/news-releases/lm-funding-america-inc-expands-contract-with-core-scientific-to-host-additional-900-bitcoin-mining-machines-301795847.html" rel="nofollow noopener">https://www.prnewswire.com/news-releases/lm-funding-america-inc-expands-contract-with-core-scientific-to-host-additional-900-bitcoin-mining-machines-301795847.html</a></p><p>SOURCE LM Funding America</p>
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