Los Angeles CA, June 15, 2021 (GLOBE NEWSWIRE) — CurrencyWorks Inc. (“CurrencyWorks” or the “Firm”), (CSE: CWRK and OTCQB: CWRK) a monetary know-how blockchain pioneer, NFT, digital foreign money, and fee platform supplier, at this time is happy to announce that Fogdog Power Options Inc. has began working with the primary municipality which is able to implement CurrencyWorks’ setting zero-cost vitality crypto mining answer.
CurrencyWorks has designed and is implementing its Zer00™ crypto mining platform as a proprietary multi-step built-in platform using a thermal therapy (not burning) of waste to generate vitality which is able to energy CurrencyWorks’ Zer00™ crypto mining platform, www.currencyworks.io/zer00.
The preliminary scalable unit will course of Municipal Strong Waste (“MSW”) in addition to different demanding waste streams and generate sufficient energy to run as much as 200 cryptocurrency mining machines. The vitality generated is environmentally pleasant, and the system can be self-sustainable. Moreover, this know-how reduces waste that might ultimately find yourself at landfills and contribute to greenhouse fuel emissions (“GHG”) containing methane that’s extra dangerous than CO2. The Firm intends on buying as much as an preliminary 200 cryptocurrency mining machines for its Zer00™ crypto mining platform.
In line with latest analysis by Information & Elements, the worldwide Cryptocurrency Market was estimated at USD $792.53 Million in 2019 and will attain USD $5,190.62 Million by 2026. The worldwide Cryptocurrency Market anticipates rising at a compound annual development charge (CAGR) of 30% from 2019 to 2026.
In the present day, traders need tasks that incorporate clear vitality and that applies to Bitcoin mining as properly. Implementing clear vitality blockchain options is essential now greater than ever earlier than.
“CurrencyWorks is worked up to be working to implement a zero-cost vitality Crypto answer. CurrencyWorks Zer00™ Crypto operations assist to develop a sustainable method of minimizing MSW and utilizing that vitality to mine for crypto,” mentioned Cameron Chell, Chairman of CurrencyWorks.
Study extra about CurrencyWorks’ Zero-Value Power Crypto Mining Platform: http://www.currencyworks.io/zer00
CurrencyWorks Inc. (CSE: CWRK and OTCQB: CWRK) is a publicly-traded firm that builds and operates FinTech Platforms for Digital Currencies, Digital Belongings, and Safety Tokens.
For extra info on CurrencyWorks, please go to us at www.currencyworks.io. For added investor data go to www.currencyworks.io or www.sedar.com and www.sec.gov looking out CWRK.
Bruce Elliott, President
Disclaimer for Ahead-Trying Statements
This information launch comprises “forward-looking statements.” Statements on this information launch that aren’t purely historic are forward-looking statements and embody any statements relating to beliefs, plans, expectations or intentions relating to the long run. Such forward-looking statements embody, amongst different issues: that the Firm will develop a Zer00™ crypto mining platform; that the thermal unit will produce sufficient energy to run as much as 200 cryptocurrency mining machines; that the Firm will buy as much as 200 cryptocurrency mining machines; and that the Firm’s Zer00™ crypto operations can be developed, carried out and change into operational.
The fabric assumptions supporting these forward-looking statements embody, amongst others, that the thermal unit will function as projected, that the thermal unit will generate sufficient energy to run as much as 200 cryptocurrency mining machines, that there can be no materials variations in present regulatory environments by which the Firm operates; and the Firm will be capable to receive any mandatory financing on acceptable phrases. Though administration considers these assumptions to be affordable based mostly on info at present accessible to it, they might show to be incorrect. These forward-looking statements are solely predictions and contain recognized and unknown dangers, uncertainties and different elements, together with: the danger that Fogdog won’t achieve success in creating its thermal energy era unit, that the thermal unit won’t generate adequate energy to run as much as 200 cryptocurrency mining machines; the danger that the Firm will be unable to buy 200 cryptocurrency mining machines in any respect or at affordable costs; the danger that the Firm can be unable to effectively construct the blockchain options; the danger that there could also be unfavourable modifications on the whole financial and enterprise situations; the danger that the Firm could have unfavourable working money stream and never sufficient capital to finish the blockchain options; the danger that the Firm could not be capable to receive further financing as mandatory; the danger that there could also be will increase in capital and working prices because of engaged on the blockchain options; the danger that the blockchain options could also be topic to fraud and different failures; the danger that there could also be technological modifications and developments within the blockchain that make the blockchain options out of date; dangers regarding regulatory modifications or actions which can impede the event or operation of the blockchain options; the danger that different opponents could launch related blockchain options; and different basic dangers concerned within the blockchain options.
Any of those dangers could trigger the Firm’s precise outcomes, ranges of exercise, efficiency or achievements to be materially completely different from any future outcomes, ranges of exercise, efficiency or achievements expressed or implied by these forward-looking statements. Additional, though the Firm has tried to determine elements that would trigger precise outcomes, ranges of exercise, efficiency or achievements to vary materially from these described in forward-looking statements, there could also be different elements that trigger outcomes, ranges of exercise, efficiency or achievements to not be as anticipated, estimated or supposed. These forward-looking statements are made as of the date of this information launch, and the Firm assumes no obligation to replace the forward-looking statements, or to replace the the reason why precise outcomes might differ from these projected within the forward-looking statements, besides as required by relevant legislation, together with the securities legal guidelines of the US and Canada. Though the Firm believes that any beliefs, plans, expectations and intentions contained on this information launch are affordable, there will be no assurance that any such beliefs, plans, expectations or intentions will show to be correct. The Firm doesn’t assume any legal responsibility for disclosure regarding some other firm talked about herein.