Green Crypto Mining for Ethereum and Bitcoin with O-Power | 2021-08-10 | Press releases

NEW YORK, NY / ACCESSWIRE / Aug 10, 2021 / Axis Technologies Group, Inc. (OTC: AXTG) (‘AXTG’ or the ‘Company’) has announced a groundbreaking strategic partnership with O-Power LLC to create the world’s first really “green” cryptocurrency. The envisaged system will be able to produce any cryptocurrency desired using crypto mining computers and peripherals that have been proven to run on electricity generated by O-Powers patented 100% zero emission power generators that are scalable, portable, constant ( 24/7/365.)) Electricity generation in which no solar, geothermal, hydroelectric or wind power plants are used to generate electricity.

The generators do not produce toxic waste and regardless of climate, weather, seasonal conditions, proximity to waterways, or the availability of wind or sunshine, can be used in any environment to produce constant electricity that is more than “environmentally friendly” at just 1.5 per Kilowatt.

About O-Power

O-Power is the California-based holder of the exclusive worldwide license to manufacture, sell, use, and service the equipment that utilizes this breakthrough technology. Executive Manager Ryan Carter said: ‘As a debt-free and independent company, O-Power is free to enter into the relationships that make the most sense in solving urgent problems while meeting the growing demand for truly zero-emission energy. Constant.’

O-Power recognizes the ability of this technology to enable cryptocurrency to shed its greatest stigma: that it is exacerbating climate change due to the massive power consumption required to mine every new coin. Although the technology has myriad humanitarian uses (e.g., enabling district cooling of vaccines, providing clean electricity for individual and mass transportation, enabling better connectivity in developing countries), O-Power recognizes the superior economic opportunities presented by the first Application of the technology to crypto mining.

effects

This innovative combination of O-Power technology with standard crypto mining equipment has the potential to affect the production of both fungible tokens (i.e. BTC, ETH, etc.) and non-fungible tokens (NFTs) by being the main obstacle for the introduction is eliminated of cryptocurrencies by companies that deal with social responsibility. Innovations include the ability to go beyond the idea of ​​a purely clean or “green” cryptocurrency and achieve a higher level of environmental responsibility (zero-emission crypto) at lower costs than conventionally produced cryptocurrencies.

Not only will the market be free to accept these zero emission cryptocurrencies, thereby mitigating their customers’ environmental concerns, but this new class of cryptocurrencies will also have verified blockchain built-in proof of origin to separate them from conventionally manufactured cryptocurrencies or something to distinguish – called “green” crypto (which is not emission-free, constant and 100% independent of sun, wind, geothermal energy or any additional generative expansion). Finally, according to Carter, “Because of the portability, scalability and lower cost of O-Power technology, this new class of crypto can be made available quickly and in sufficient quantities to meet the current and future global needs of retailers.” ‘

Conceptual evidence

William Tien, President of AXTG, stated that “our company and O-Power are moving rapidly towards setting up a demonstration project in Southern California to prove the effectiveness of the technology and verifiable key conceptual elements of this momentous project” innovation. ‘ The work on the proof of concept is expected to be completed in the third quarter of 2021. Interested parties, including investors, patrons and developers, can find out more at ceo@axtg.us.

Safe Harbor Statement

This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements about anticipated revenues, expenses, profits, cash flows from operations, market prospects and product demand. Forward-looking statements are not guarantees of future performance and are inherently subject to uncertainties and other factors that could cause actual results to differ materially from the forward-looking statements. Such statements are based, among other things, on assumptions and information currently available to management, including management’s own knowledge and assessments of the industry and the company’s competition. The company assumes no obligation to update its forward-looking statements.

SOURCE: Axis Technologies Group, Inc.

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