Blockchain Power owns and operates hydroelectric facilities, solar parks, and wind parks. It produces 100% green energy from renewable sources in Romania, a member of the EU and a country geographically well endowed for the production of all major forms of renewable energy. We produce electricity from our various operations and earn revenue from EU Green Certificates, a form of subsidy for producing approved types of renewable energy from certified facilities in the EU. That Green Certificate revenue is separate and distinct from any revenue earned from sales or use of the electricity produced. Romania has a huge installed generation base of renewable energy across all generation types (Wind, Solar and Hydroelectric) with very low power prices, historically the lowest percentile in the EU and some of the lowest unregulated prices in the world. Blockchain Power intends to utilize the electricity it produces for virgin cryptocurrency mining and validation. Blockchain Power is generating 100% green renewable energy at nominal cost, earning EU Green Certificates, and plans to supply all of the power for its own crypto-currency operations internally providing it the opportunity to be one of the first fully integrated and lowest cost cryptocurrency miners in the world.
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