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Graystone Company Announces Planting of 2,100 Tress Through Its Partnership With the National Forest Foundation as Part of Its Commitment to a Net-Zero Climate Impact Bitcoin Mining Operation

Graystone Company, Inc. announced that last week the company donated to plant 1,000 trees through its partnership with the National Forest Foundation, a congressionally chartered organization that works directly with the USDA Forest Service and thoroughly selects planting sites in the 193-million-acre National Forest System where the ecological need is the greatest.

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Graystone is passionately committed to environmental sustainability and a clean energy approach. A simple act of planting trees will sequester carbon to help mitigate climate change, storing millions of metric tons of carbon each year. Thus far the Company has proudly contributed to plant 2,100 trees, thereby removing over 4.5 tons of air pollutants annually, one tree for each terrahash that is mining and operational.

In addition to planting trees, the Company has decided to take it one step further and sourced a co-location that generates its power from a nuclear power plant, allowing our equipment to be powered by a zero-emission clean energy source. We also work with mining vendors and partners to encourage them to join us on this effort in addition to pursuing alternative renewable energy sources.

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The company is excited about the future of Bitcoin and our Bitcoin Mining operation, but we feel it is necessary to be responsible and mindful of its environmental impact. With that in mind, the company will continue to assist in planting one tree for each terrahash that they acquire, paving their way to the great goal of planting at least one million trees per year as part of an overall commitment to be a net-zero climate impact bitcoin mining operation.

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