Canadian investors have decided to invest in a wind power company in cryptodevice in Romania. To do this, they acquired a wind farm capable of generating enough energy to power more than 30,000 homes. They also added a "Blockchain Power" to your company name.
The company Transeastern Power Trust has acquired the wind farm Dorobantu for €90 million It plans to use to power mining facilities that will be installed near it. They will be mined cryptocurrencies, including Bitcoin.
"We believe that we can become pioneers in a new and reliable business model, going from utility company to a vertically integrated company on cryptocurrency mining," said George. Coulter Edie, chief Executive officer of Transeastern.
He also added that the name change and the introduction of a new brand reflect the company's expansion into the market of cryptocurrency mining using our own 100% renewable energy. The company is also working on the similar projects through its subsidiaries in other European countries, including the Netherlands.
The canadian company has already entered into an agreement to purchase mining equipment valued at about $23 million They expect that the capacity of the farm will be 90.7 per PH/s. This will allow you to get about 30 bitcoins per day.
The company Transeastern Power Trust Blockchain hope to provide investors with "long-term stable conditions, while maintaining the capital value of its portfolio through investments".
author:Maxim Centurion