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CurrencyWorks (CSE:CWRK) provides update on eco-friendly zero-cost energy mining units

Cryptocurrency, Technology
CSE:CWRK
21 October 2021 16:15 (EDT)

CurrencyWorks (CWRK) is ready to implement its Zer00 crypto mining platform using a thermal waste treatment to generate energy.

The initial scalable units are now able to process not only municipal solid waste (MSW), but will also be able to process oilfield waste, generating enough power to run up to 200 cryptocurrency mining machines.

The energy generated is environmentally friendly and is designed to be self-sustainable, converting waste to energy with zero emissions in the process.

“Having an eco-friendly solution with zero energy costs is game changing for the crypto mining industry,” said CurrencyWorks chairman Cameron Chell.

“Now that we are going to also be processing oilfield waste as well as MSW,” added Mr. Chell, “we have another abundant fuel source available to scale our mining solution.”

These new units provide CurrencyWorks with a solution to run its crypto mining operations with zero energy cost.

CurrencyWorks is a full-service blockchain platform provider that builds and operates fintech platforms for digital currencies, digital assets, and security tokens.

Shares in CurrencyWorks Inc. (CWRK) are currently down 11.61 per cent, trading at $0.495 per share as of 3:48 pm ET.

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