- Standard Power has secured a 40-acre site in Ohio, with plans to add an additional 160 acres
- This would provide the capacity to accommodate cryptocurrency miners with up to 1,000 MW of power
- BlockchainK2 Corp is using its industry reach to identify additional hosting partners to expand its profit-sharing partnership with Standard Power
- BlockchainK2 Corp. is a holding company investing in blockchain technology solutions
- Standard Power provides infrastructure services for advanced data processing companies
- BlockchainK2 Corp. (BITK) opened trading at C$1.07 per share
BlockchainK2 Corp. (BITK) is pleased to provide an operational update to its existing profit-sharing partnership with Standard Power.
The operations have been profitably producing Bitcoin with the company’s original generation Bitmain S9 miners since July of 2019.
Located in Coshocton, Ohio, Standard Power has the hosting capacity to provide 56 MW of power use for operations. The company also has secured a 40-acre site in nearby Conesville, Ohio, with plans to add an additional 160 acres. This would provide hosting capacity to accommodate cryptocurrency miners with up to 1,000 MW of power use at Standard Power’s below-market pricing.
BlockchainK2 Corp is using its industry reach to identify additional hosting partners to expand its profit-sharing partnership with Standard Power.
BlockchainK2 is looking forward to expanding its working relationship with Standard Power with industry-leading mining hardware.
BlockchainK2 Corp. is a holding company investing in blockchain technology solutions for capital markets and other sectors that can be made more efficient through tokenization.
Standard Power is a leading infrastructure service provider for advanced data processing companies.
BlockchainK2 Corp. (BITK) opened trading at C$1.07 per share.