Olenox Industries Outlines Planned Phase Of Gas-To-Power-To-Compute Strategy; Targets Expansion From ~9,700 To 20,000 Miners, Supported By Self-Generated Power Strategy Targeting 75% Lower Electricity Rate
Olenox Industries Inc. (NASDAQ:OLOX) ("Olenox" or the "Company"), an integrated energy and infrastructure company, today outlined the next planned phase of its gas-to-power-to-compute strategy:
Olenox plans to double its computing machines from about 9,700 to 20,000. They want to make their own power cheaper so they spend less money on electricity.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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