- Bluesky Digital Assets (BTC) has received approval from its power utility provider to increase power to its primary Canadian mining facility
- The company will be utilizing additional heat generated from mining with the increased power to heat its operating facility
- This increase in power capability is expected to support between an approximate 1,500-2,000 additional mining assets
- Bluesky Digital Assets is a merchant bank that mines digital currencies such as Bitcoin and Ether
- Bluesky Digital Assets Corp. (BTC) is down 3.57 per cent on the day, trading at $0.54 per share
Bluesky Digital Assets (BTC) has received approval from its power utility provider to increase power to its primary Canadian mining facility.
The power increase will come from non-fossil fuel energy resources, consistent with Bluesky’s recently announced environmental, social, and governance policy.
The company has also committed to recycle power where possible, and will be utilizing additional heat generated from mining with the increased power to heat its operating facility.
Bluesky COO Anthony R. Pearlman commented, “From a business perspective we smartly planned well in advance for a controlled and staged growth for our active mining presence and associated assets and this increase in capacity allows us to execute on our scale plans and realize continuing growth in our overall mining operations.”
Bluesky expects this increase in power capability to support between an approximate 1,500-2,000 additional mining assets, depending on the type of mining machines deployed.
The company has already acquired the infrastructure required to support the next stage roll-out of its new mining capacity and expects to see this next-staged release in the next 30-45 days.
Bluesky Digital Assets is building a high value digital currency enterprise.
The company mines digital currencies, such as Bitcoin and Ether, and is developing value-added technology services for the digital currency market, such as proprietary technology solutions.
Bluesky Digital Assets Corp. (BTC) is down 3.57 per cent on the day, trading at $0.54 per share as of 1:38 pm ET.