Currencyworks Inc (OTCMKTS:CWRK) is moving down a bit in the opening after the news.
Market Action
As of 10:17, CWRK stock is 2% to $1.07 with more than 42K shares, compared to its average volume of 764K shares. The stock has moved within a range of $1.0300 – 1.0800 after opening the trade at $1.07.
Major Trigger:
CurrencyWorks’ Zer00™ Crypto Mining Platform Starts Working with the First Municipality to Implement Environmental Zero-Cost Energy Solution
Key Highlights:
- Currencyworks Inc announced that Fogdog Energy Solutions Inc. has started working with the first municipality which will implement CurrencyWorks’ environment zero-cost energy crypto mining solution.
- CurrencyWorks has designed and is implementing its Zer00™ crypto mining platform as a proprietary multi-step integrated platform utilizing a thermal treatment (not burning) of waste to generate energy which will power CurrencyWorks’ Zer00™ crypto mining platform, www.currencyworks.io/zer00.
- The initial scalable unit will process Municipal Solid Waste (“MSW”) as well as other demanding waste streams and generate enough power to run up to 200 cryptocurrency mining machines. The energy generated is environmentally friendly, and the system will be self-sustainable. Additionally, this technology reduces waste that would eventually end up at landfills and contribute to greenhouse gas emissions (“GHG”) containing methane that is more harmful than CO2. The Company intends on purchasing up to an initial 200 cryptocurrency mining machines for its Zer00™ crypto mining platform.
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