#Sustainable #Bitcoin Mining / #Crypto #Stocks in the News (OTC: $EPAZ) (Nasdaq: $HIVE) (NASDAQ: $MARA) (Nasdaq: $HUT) @epazz @HiveBlockchain @MarathonDH @Hut8Mining
#Sustainable #Bitcoin
Mining / #Crypto #Stocks in the News (OTC: $EPAZ) (Nasdaq: $HIVE) (NASDAQ:
$MARA) (Nasdaq: $HUT) @epazz @HiveBlockchain @MarathonDH @Hut8Mining
Vancouver, Kelowna, Delta, BC –April 18, 2022 - Investorideas.com, a leading
investor news resource covering crypto mining technology and sustainable energy
stocks releases a special report, featuring Epazz Inc. (OTC:
EPAZ),
on the crypto mining industry transitioning to sustainable energy solutions and
energy saving technologies as they become more economical.
Read this article,
featuring EPAZ in full at https://www.investorideas.com/news/2022/cryptocurrency/04181Sustainable-Bitcoin-Mining.asp
In
a recent article titled “How
Can Cryptocurrency Transition to Sustainability?” both investment
into sustainable energy solutions as well as new mining technologies are listed
as potential solutions to crypto mining’s growing energy demands.
“As
Bitcoin usage becomes mainstream by the broader public and financial
institutions, there’s increased attention paid to the environmental consequences.
While some countries ban mining, these actions shift the mining to other
countries, and don’t address the environmental impacts of mining at a global
scale.”
Epazz Inc. (OTC:
EPAZ),
a mission-critical provider of blockchain cryptocurrency mobile apps and
cloud-based business software solutions recently
announced
that CryObo NFT Solar Power converted into Bitcoin project will launch its
mobile app in the third quarter.
Epazz Inc. is a leading cloud-based
software company specializing in providing customized cloud applications to the
corporate world, higher-education institutions, and the public sector. Epazz
BoxesOS v3.0 is the complete business web-based software package for small to
midsize businesses, Fortune 500 enterprises, government agencies, and higher
education institutions. BoxesOS provides a combination of many web-based
applications that an organization would otherwise need to purchase separately.
Epazz's other products are DeskFlex (room scheduling software) and Provitrac
(applicant-tracking system).
The CryObo mobile app will provide token
holders with the ability to exchange their tokens for fiat currencies and also
track the income generated from mining operations or other income-generated
operations. Token holders will be able to sign up for future projects.
Epazz’s CryObo technology will use solar
power for sustainable Bitcoin mining and NFT tokens for real estate
tokenization. The company is creating a cooling technology to control the
underground servers’ temperature.
Shaun Passley, Ph.D., Epazz Inc. CEO and
Chairman said, “Our mobile app will make
it easier to earn income with our Bitcoin mining operations using solar power.”
HIVE Blockchain Technologies Ltd. (TSX.V:HIVE) (Nasdaq:HIVE) recently
announced
the production figures from the Company’s global Bitcoin and Ethereum mining
operations for the month of March 2022, with a BTC HODL balance of 2,568
Bitcoin and 16,196 Ethereum as of April 3, 2022. In addition to this the
Company also announced two milestone accomplishments of reaching 2 Exahash of
Bitcoin mining and 6 Terahash of Ethereum mining this month
March 2022
Production Figures
●
278.6
BTC Produced
●
2.0
Exahash of Bitcoin mining capacity
●
2,459
ETH Produced*
●
4.58
Terahash of Ethereum mining capacity at beginning of March
●
Increased
to 6.1 Terahash of Ethereum mining capacity at end of March
*The Company’s production of ETH from GPU
mining (including selective optimizations of GPU hashrate) has yielded a total
ETH production of 2,549 ETH.
Frank Holmes, Executive Chairman of HIVE
stated, “We are very pleased to report HIVE has continued its extremely strong
momentum in expanding our hashing power, notably our Ethereum mining hash power
grew by 33% this month. In March we produced an average of 9.0 BTC per day, and
we are pleased to note that as of today, we are producing approximately 9.0 BTC
a day even after the recent difficulty increase of 4%. Our Bitcoin hashing
power increased in March and at the calendar month-end our hashrate was 2.0
Exahash, which translated into a 6% increase in BTC mining on a month over
month basis, while BTC prices corrected.”
Aydin Kilic, President & COO of HIVE
noted, “We continue to strive for operational excellence, ensuring that as we
scale our hashrate as a company we also optimize our uptime, to ensure ideal
Bitcoin and Ethereum output figures.” Mr. Kilic continued, “We also would like
to provide an update on the BTC and ETH equivalency, where one can equate value
of the coins produced daily. As such the ETH that HIVE produced during the
month of March, equated daily, is approximately equal to a monthly total of
168.8 BTC, which we refer to as Bitcoin equivalent or BTC equivalent. This is
in addition to the 278.6 BTC produced from our Bitcoin mining operations during
March, for a total of 447.4 Bitcoin equivalent.”
Last month the
company announced
a supply agreement with Intel Corporation to purchase new high performing ASIC
chips that will be incorporated into state-of-the-art mining equipment that
will be custom built for HIVE as well as announced entering into a letter of
intent with Compute North LLC ("Compute North") to host 100 megawatt
("MW") of mining capacity in one of their new Texas renewable energy
data centre facilities.
Recently, Intel has published more
specifics on the introduction of the Intel Blockscale ASIC, a game changing
event for BTC miners. Intel has only
made this chip available to select customers, of which Hive Blockchain is one
of four customers globally. The Intel Blockscale will advance energy efficient
hashing for proof of work consensus using green energy.
Further their US designed high performing
chips are up to 26 J/TH power efficiency at a very competitive and attractive
price that fits into our strategy to generate high returns on invested capital
for our shareholders. Hive Blockchain shares in the sustainability goals that
are important to both Intel and ESG focused investors.
Marathon
Digital Holdings, Inc. (NASDAQ:MARA), one of the
largest enterprise Bitcoin self-mining companies in North America, is also
focusing on sustainable energy having announced the Company’s
intent to transition its Bitcoin miners from the facility in Hardin, MT to new
locations with more sustainable and non-carbon emitting sources of power.
In 2021, Marathon announced that the
Company’s mining operations would be 100% carbon neutral by year-end 2022. To
achieve that goal and to build upon its current strategy, Marathon intends to
transition its Bitcoin miners from the facility in Montana, which currently
derives its power from a coal-fired power plant, to new locations with more
sustainable sources of power. The transition is planned to occur in stages to
minimize downtime and is currently expected to be completed during the third
quarter of 2022.
“Marathon made a commitment for our mining
operations to be 100% carbon neutral by the end of 2022,” said Fred Thiel,
Marathon’s Chairman and CEO. “To achieve that goal, we have endeavored to
ensure our miners are as sustainably powered as possible. With the majority of
our fleet already scheduled to be deployed at renewable power facilities and
deployments currently underway, we believe it is an appropriate time to
transition our legacy operations away from fossil fuel generation and towards
more sustainable sources of power. We will therefore be moving our miners from Hardin,
Montana to new locations that are more in line with our current strategy of
deploying behind the meter at sustainable power stations. We would like to
thank the team at Beowulf and Hardin for the integral role they played in
helping Marathon through the early stages of our journey to become one of the
leading Bitcoin miners in North America.”
Companies like Hut 8 Mining Corp. (Nasdaq:
HUT)
(TSX:
HUT),
have had sustainability on the mind since early inception with two digital
asset mining sites located in Southern Alberta and a third site in North Bay,
Ontario, all located in Canada, Hut 8 has one of the highest capacity rates in
the industry and one of the highest inventories of self-mined Bitcoin of any
crypto miner or publicly-traded company globally. With 36,000 square feet of
geo-diverse data centre space and cloud capacity connected to electrical grids
powered by significant renewables and emission-free resources, Hut 8 is
revolutionizing conventional assets to create the first hybrid data centre
model that serves both the traditional high performance compute (Web 2.0) and
nascent digital asset computing sectors, blockchain gaming, and Web 3.0.
The company recently
announced
having advanced its Bitcoin holdings in the period ending March 31, 2022.
"Our teams working in Medicine Hat and
Drumheller, Alberta have continued to ensure our upgraded machines are
delivering strong results for us," said Jason Zaluski, Head of Technology,
Hut 8. "Our orders from MicroBT are arriving as scheduled, we are
experiencing consistent growth in our MicroBT Authorized Repair Centre, and we
continue to actively recruit team members as we continue to grow."
As one recent
news article
pointed out, “When China banned bitcoin (BTC) mining from May of last year, it
handed the U.S. a “trillion-dollar present,” as one mining executive told
CoinDesk. But perhaps most importantly, crypto miners, particularly listed
firms in the U.S., Canada and parts of Europe, are presiding over a shift
towards greener and more innovative ways to use energy for mining coins.”
Sustainable energy has seen several booms
in the past but has often slowed down due to lack of funding and a loss in
momentum, but with the large scale demands of the crypto mining community
growing and the seemingly infinite capital raising potential behind that
market, sustainable energy could be receiving the final boost to becoming a
true reality.
With
headlines of “Billionaire Peter
Thiel Says Bitcoin Could Rise 100x“ there is a lot at stake in getting it
right.
Visit the Investorideas Crypto/bitcoin
stock directory to research more stocks https://www.investorideas.com/Bitcoin-Cryptocurrency/Stocks_List.asp
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