Artificial Intelligence | News | Insights | AiThority
[bsfp-cryptocurrency style=”widget-18″ align=”marquee” columns=”6″ coins=”selected” coins-count=”6″ coins-selected=”BTC,ETH,XRP,LTC,EOS,ADA,XLM,NEO,LTC,EOS,XEM,DASH,USDT,BNB,QTUM,XVG,ONT,ZEC,STEEM” currency=”USD” title=”Cryptocurrency Widget” show_title=”0″ icon=”” scheme=”light” bs-show-desktop=”1″ bs-show-tablet=”1″ bs-show-phone=”1″ custom-css-class=”” custom-id=”” css=”.vc_custom_1523079266073{margin-bottom: 0px !important;padding-top: 0px !important;padding-bottom: 0px !important;}”]

EcoChain, Inc. Announces Strategic Update on its Growth and Operations

EcoChain, Inc., a wholly-owned subsidiary of Mechanical Technology, Incorporated, a cryptocurrency mining business powered by renewable energy, announced the release of a strategic update discussing how EcoChain is setting the critical building blocks for its growth into place.

Recommended AI News: FlowBank Puts Global Markets at Investors Fingertips

In the presentation Mr. Toporek discusses the power cost of EcoChain’s new data center in the South Eastern United States. “Having a power cost of $0.023 cents per kWh for at least 83% of the time opens up the opportunity to purchase second and third generation processors for immediate delivery at a 50% to 65% discount to current generation processors on a hash rate basis. When operations begin during the second half of 2021, we believe that this low power cost will allow us maximum flexibility to potentially optimize the Company’s return on invested capital.”

Related Posts
1 of 38,756

Recommended AI News: Green Hills Software Expands Advanced Development Tools for Leading Global Automotive Tier 1 Suppliers Using Infineon TRAVEO II

Mr. Toporek also reviews how EcoChain manages return on invested capital, its long-term growth strategy and the results of its mine in Washington State. “Our Washington mine is operating at approximately 2.6MW. The assets were acquired in May 2020 and the capacity of the mine was increased in the fall of 2020, as a result of improvements mining operations and infrastructure. These improvements are expected to enable the return of 100% of the capital we deployed to the site by the end of the second quarter of 2021, or in under twelve months. This initial project may be small-scale in nature, but it effectively demonstrates how driving this kind of return on investment is part of MTI’s and EcoChain’s playbook and DNA.”

Recommended AI News: DATIS to Host Virtual Workforce Management Summit for Human Services Leaders

  1. 30 to 60 minutes: If you took Bentyl (dicyclomine) for
    Abdominal Pain /Cramps and Frequent Diarrhea it will help the Cramps first.

    And slowly your diarrhea will improve as the Peristalsis slows down. Some time it may take a full day to resolve the Diarrhea
    problem but Cramps will improve.

  2. Where to buy Prandin without prescription Online
    pharmacy for diabetes drugs with fast delivery
    and no prescription
    Searching for a reliable online pharmacy
    that sells diabetes medication at dirt cheap prices without a prescription.
    Get Glipizide online for diabetes without a prescription at a low price

  3. prix du allegra sur ordonnance says

    Great blog you have here but I was wanting to know if you knew of any message boards that cover the same topics talked
    about here? I’d really like to be a part of group where I can get feedback
    from other knowledgeable individuals that share the same interest.
    If you have any suggestions, please let me know.

  4. I am really enjoying the theme/design of your site. Do
    you ever run into any internet browser compatibility issues?
    A few of my blog readers have complained about my website not working correctly in Explorer but looks great in Chrome.
    Do you have any tips to help fix this issue?

  5. What’s up mates, good article and good urging commented at this place, I am in fact enjoying
    by these.

Leave A Reply

Your email address will not be published.