{"id":524128,"date":"2021-08-05T08:34:13","date_gmt":"2021-08-05T12:34:13","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/ecochain-leads-crypto-minings-u-s-growth-adding-megawatts-of-renewable-capacity-mechanical-technology-inc-featured-in-pcg-digital-tech-watch\/"},"modified":"2021-08-05T08:34:13","modified_gmt":"2021-08-05T12:34:13","slug":"ecochain-leads-crypto-minings-u-s-growth-adding-megawatts-of-renewable-capacity-mechanical-technology-inc-featured-in-pcg-digital-tech-watch","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ecochain-leads-crypto-minings-u-s-growth-adding-megawatts-of-renewable-capacity-mechanical-technology-inc-featured-in-pcg-digital-tech-watch\/","title":{"rendered":"EcoChain Leads Crypto Mining’s U.S. Growth, Adding Megawatts of Renewable Capacity; Mechanical Technology Inc. Featured in PCG Digital Tech Watch"},"content":{"rendered":"
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EcoChain is a profitable subsidiary of Mechanical Technology Inc. (NASDAQ: MKTY)<\/h2>\n

Takeaways<\/h2>\n

– Cryptocurrency data centers require enormous amounts of electricity. Access to inexpensive renewable energy is vital.<\/h2>\n

– North American locations are valuable to help counter environmental, geopolitical, economic and supply chain concerns.<\/h2>\n

– EcoChain is meeting the needs of crypto miners with a focus on environmental, social and governance factors.<\/h2>\n

– In 2021, EcoChain will expand its floorspace, electrical capacity and computing horsepower.<\/h2>\n

Powering high-power computing<\/h2>\n

PR Newswire<\/p>\n<\/p><\/div>\n

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\n NEW YORK<\/span>, Aug. 5, 2021<\/span> \/PRNewswire\/ — EcoChain builds and operates ultra-low-cost green data centers for cryptocurrency mining. These centers are complex ecosystems of enterprise-grade equipment that require extensive electricity.<\/p>\n

The crypto mining industry is facing several new challenges.<\/p>\n