WPUR Adds Sustainable Cryptocurrency Mining To Electric Utility Offerings
November 22 2021 - 12:54PM
InvestorsHub NewsWire
Dallas, Texas -- November 22, 2021 --
InvestorsHub NewsWire -- WaterPure International, Inc.
(USOTC:
WPUR) today announced the company will introduce a sustainable
cryptocurrency mining initiative to its portfolio of electric
utility offerings.
WPUR recently updated its decade old clean
water operations and begun to trial new water delivery efficiencies
and technologies in developing economic markets to be subsequently
scaled for all global markets.
WPUR also recently announced its expansion
into the electric utilities sector with a focus on bringing
high-tech solutions to the EV charging
sector.
Now WPUR will add sustainable
cryptocurrency mining solutions to its electric utilities
focus.
The environmental impact of cryptocurrency
mining is becoming more apparent. Elon Musk, CEO of Tesla
(TSLA) and SpaceX was recently quoted in Cointelegraph:
“Cryptocurrency is a good idea on many
levels and we believe it has a promising future, but this cannot
come at great cost to the
environment.”
Leafscore reported, “There’s been a lot of attention on Bitcoin’s
[BTCUSD] shocking environmental impact in recent months, and while
efforts are being made to minimize the carbon footprint of the
cryptocurrency, some investors are jumping ship in favor of greener
options.”
WPUR will expand its focus in East Africa
by adding the sustainable cryptocurrency mining offering.
Africa currently has one of the smallest bitcoin hash rates.
This is due largely to the high cost of electricity and
equipment. This low hash rate is an
opportunity.
Instead of replacing existing energy
production and computing equipment solutions with more efficient
and sustainable solutions, WPUR has the opportunity to launch
fresh, clean, green mining
operations.
WPUR is forecasting a recurring revenue
model to begin generating and rapidly expanding revenue next year
in 2022 by providing services in the electric utilities sector with
an emphasis on the electric vehicle (EV) charging and sustainable
cryptocurrency mining subsectors, and the water technology sector
with combined market values over $100
billion.
WPUR plans to trial, refine, and scale
solutions for the water tech, EV charging and sustianble
cryptocurrency mining markets to take
global.
To learn more, visit https://www.wpurinc.com/.
Disclaimer/Safe Harbor: This news release
contains forward-looking statements within the meaning of the
Securities Litigation Reform Act. The statements reflect the
Company's current views with respect to future events that involve
risks and uncertainties. Among others, these risks include the
expectation that any of the companies mentioned herein will achieve
significant sales, the failure to meet schedule or performance
requirements of the companies' contracts, the companies' liquidity
position, the companies' ability to obtain new contracts, the
emergence of competitors with greater financial resources and the
impact of competitive pricing. In the light of these uncertainties,
the forward-looking events referred to in this release might not
occur.
Contact:
Sean
Mathis
info@wpurinc.com
972-918-5256
WaterPure (PK) (USOTC:WPUR)
Historical Stock Chart
From Aug 2024 to Sep 2024
WaterPure (PK) (USOTC:WPUR)
Historical Stock Chart
From Sep 2023 to Sep 2024