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Powerbridge Technologies Establishes Cryptocurrency Mining Fleets for Bitcoin and Ethereum in Hong Kong

Source: kmvt.com kmvt.com
News Snapshot:

ZHUHAI, China, Oct. 8, 2021 /PRNewswire/ — Powerbridge Technologies Co., Ltd. (Nasdaq: PBTS) ("Powerbridge" or the "Company"), a SaaS solutions and Blockchain applications provider, is proud to announce that Powercrypto Holdings ("Powercrypto"), a subsidiary of the Company, is launching cryptocurrency mining, specifically bitcoin (BTC) and ethereum (ETH), in Hong Kong. These cryptocurrency operations will utilize environmental-friendly, green and sustainable energy. Powercrypto expects to complete the deployment of 2,600 high-performance mining rigs in Hong Kong, encompassing 600 high-performance BTC mining machines with a hashrate of approximately 60 PH/s, and 2,000 high-performance ETH mining machines with a hashrate of approximately 1,000 GH/s….

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