- Link Global Technologies (LNK) and Neptune Digital Assets (NDA) have formed a joint venture company to mine Bitcoin with clean energy
- The company, Pure Digital Power, will be a power and Bitcoin mining infrastructure company with an emphasis on clean sustainable energy
- Pure will also be focused on developing a Pure carbon credit token or NFT
- Through Pure, Neptune and Link will develop an initial 5 MW renewable energy Bitcoin mining facility in Alberta
- Link Global Technologies provides infrastructure and operating expertise for cryptocurrency mining and blockchain technology
- Neptune Digital Assets manages a diversified portfolio of investments across the digital asset ecosystem
- Link Global Technologies (LNK) is up 17.65 per cent and is currently trading at $1 per share
- Neptune Digital Assets (NDA) is up 39.05 per cent and is currently trading at $1.46 per share
Link Global Technologies (LNK) and Neptune Digital Assets (NDA) have formed a joint venture company to mine Bitcoin with clean energy.
The company, Pure Digital Power, will be a power and Bitcoin mining infrastructure company with an emphasis on clean sustainable energy.
Through Pure, Neptune and Link will develop an initial 5 MW renewable energy Bitcoin mining facility in Alberta using solar, wind and minimal natural gas.
Link operates the majority of its Bitcoin mining operations in Alberta.
Neptune and Link have entered into a shareholders’ agreement governing the management of Pure sharing equally in costs and crypto-based revenues.
All Bitcoin mined under Pure’s operation are expected to be held in treasury for reinvestment and decentralized finance-based earnings.
Pure will also be focused on developing a Pure carbon credit token or NFT.
Cale Moodie, Neptune’s President and CEO, commented,
“We are extremely excited with our second foray into Bitcoin mining with Link, and an environmentally sustainably focused operation at that. We see the future of Bitcoin mining to be an environmentally sustainable one and this flagship operation is likely to be the first of many facilities to be developed using green sources.”
Stephen Jenkins, Link’s President and CEO, added,
“The creation of Pure is the perfect step in the evolution of Link. We have found a like-minded partner in Neptune who understands the value of green energy and sees the same business opportunity in creating a sustainable path for the energy requirements of BTC mining. The Pure 5 MW facility is only the beginning of what we expect will be an innovative and profitable relationship.”
Link Global Technologies provides infrastructure and operating expertise for cryptocurrency mining and blockchain technology.
Neptune Digital Assets manages a diversified portfolio of investments across the digital asset ecosystem.
Link Global Technologies (LNK) is up 17.65 per cent and is currently trading at $1 per share as of 3:14 pm ET.
Neptune Digital Assets (NDA) is up 39.05 per cent and is currently trading at $1.46 per share as of 3:18 pm ET.
