The scalable unit will process MSW and generate enough power to run up to 200 cryptocurrency mining machines.
CurrencyWorks and NFT have announced that they are advancing their zero-cost energy crypto mining platform.
CurrencyWorks’s Zer00 crypto mining platform uses thermal treatment of waste rather than incineration to generate energy. The unit will generate enough power to run up to 200 cryptocurrency mining machines. The energy generated is environmentally friendly, and the system will be self-sustainable. It also reduces waste currently filling landfill. The Company intends to purchase up to an initial 200 cryptocurrency mining machines for its crypto mining platform.
“Crypto mining can be incredibly profitable if you can eliminate or minimise the energy costs in the mining process, while at the same time through these policies and best practices reduce the need for landfills and GHG, providing cleaner air and water, conservation of local biodiversity, sustainable energy development and green jobs,” said Cameron Chell, Chairman of CurrencyWorks.
CurrencyWorks, formerly known as ICOx Innovations, has been a pioneer in the blockchain and digital rights protection for several years. The company was involved in the development of Kodak’s first digital tokens for protecting customers’ digital photo property. The Los Angeles-based company operates the CurrencyWorks Collectibles NFT platform, is working to create the first NFT for the Barrett-Jackson Auction Company and recently partnered with XTM on an NFT payment platform.