HashWatt, Inc.: A leading US-based cryptocurrency-mining firm, leveraging direct power plant access for operations.
Location
Philadelphia, PA, US
Founded
2017
HashWatt focuses on enterprise-grade, sustainable Bitcoin mining in the United States. The company leverages unique long-term power purchase agreements, providing a significant energy advantage for their operations. HashWatt's investment strategy centers on expanding their cryptocurrency mining capabilities while maintaining profitability and ESG compliance.
As a Delaware corporation, HashWatt has secured rights and regulatory approvals to purchase electricity directly from one of the largest U.S. power plants, allowing for collocation on the plant's property. This strategic positioning enables the company to optimize its mining operations while contributing to the security of the Bitcoin blockchain. HashWatt aims to replicate its past bitcoin mining success to further scale its operations.
HashWatt - Classification
Also Known As
HashWatt, Inc.
NAICS
520000Finance and Insurance
SIC
6000Depository Institutions
Show 3 more industry codes
SIC
6200Security And Commodity Brokers, Dealers, Exchanges, And Services
6280Services Allied With The Exchange Of Securities Or Commodities