ADP Holdings (ADP) is pleased to announce its collaboration with Heat Source Energy, Athena Global Energy Solutions (AGES), and KWHCoin (KWH) for an exciting renewable energy project for the cryptocurrency data mining industry.
The cryptocurrency data mining industry uses huge amounts of fossil-fuel energy, resulting in enormous amounts of CO2 being pumped into the worldwide environment. Digiconomist (www.digiconomist.net) states the global data mining industry is currently using 73.12TWh of fossil-fuel energy at an estimated annual cost of $3.7B, which exceeds the annual total energy usage of many sovereign nations, including Austria.
ADP’s technology client, Heat Source Energy (“HSE”), is a developer/manufacturer of unique technology to capture waste heat from data centers (as well as industrial processes, fuel generators, geothermal, etc.) for conversion into zero-emission, renewable energy. HSE’s patented, 3rd Party validated, technology captures waste heat and converts it into zero-emission renewable energy.
The AGES client, a leading cryptocurrency data mining operation, currently uses 2 MWHs of conventionally sourced energy and is on a fast track for corporate growth. This AGES client is excited about the potential financial savings (replacing their use of fossil-fuel energy with zero-emission, renewable energy) and hybrid energy storage which will demonstrate their resolve to improve their environmental profile and contribute to their expected corporate growth.
The KWHCoin digital currency technology, backed by a kilowatt hour of electricity, aggregates energy usage data of distributed energy resources. This collaboration between AGES, ADP, Heat Source Energy, and KWHCoin will serve as a breakthrough environmental energy solution for the entire cryptocurrency data mining industry.
Keith Johnson, Executive Director of HSE, stated “Heat Source Energy is very excited about this new project opportunity with AGES/ADP/KWHCoin where we will develop a prototype energy efficiency solution for the cryptocurrency data mining industry. This industry is currently using vast amounts of energy to run their server farms, and HSE is confident we will achieve the stated project goals, which include (1) significantly reducing fossil-fueled energy usage, (2) generating a new source of zero-emission, renewable energy, and (3) improving our client’s environmental footprint.”
KWHCoin’s CEO, Girard Newkirk, stated “Our cryptocurrency token model was developed to provide millions of industries and people with an affordable and reliable energy platform for massive social impact. Heat Source Energy and our technology partners will vastly augment the programs we have already achieved, establishing a deeper relationship with the municipalities, communities, villages, and neighborhoods we assist. KWHCoin focuses on the over 500 million global households that do not have access to energy.”
We are thrilled about the recent developments and growth in KWHCoin as we come closer to the fruition of our mission to enable energy access for off-grid households and eradicate energy poverty.
KWHCoin is currently being traded on TOPBTC, IDEX, Coinexmarket and Bitfex.trade and is on the edges of the developing the internet of energy for more than 500 million off-grid households globally.
Visit us at www.kwhcoin.com for more information on our dynamic blockchain energy company and contact us directly at firstname.lastname@example.org.