As China is cracking down on cryptocurrency mining over concerns about environmental impact, savvy U.S. companies, including Perpetual Industries (OTC: PRPI), are looking to benefit. A recent Forbes publication highlights this opportunity, reporting that mining is about to get both easier and more profitable for North American crypto miners (https://ibn.fm/2Li5e). Amid this backdrop, Perpetual Industries has been working to build an efficient, powerful network of cryptocurrency mining operations that offer environmentally friendly solutions for the sustainability of the blockchain industry (https://ibn.fm/sKkGH). “Our goal is to advance and integrate green energy power sources such as solar, wind and hydro in order to lessen the environmental impact of decentralized blockchain systems,” a recent article states, noting the company’s positioning and its research and development efforts for the creation of a proprietary system. “We are researching a new, revolutionary design for a crypto-mining farm system that optimizes the collection of green energy to produce a powerful, self-sustaining mining farm called the Green Energy Mining (‘GEM’) System.”
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About Perpetual Industries Inc.
Incorporated in Nevada and based in Auburn, Indiana, Perpetual Industries is an incubator for the development of new and innovative energy-efficient technologies. The company’s mission is to “perpetuate industry” by bringing value-added technologies to market. At PRPI’s core is a proprietary technology known as the XYO Mechanical Balancing Technology, designed specifically to dynamically eliminate vibration in rotating equipment to create energy-efficient, environmentally responsible products. The company is expanding its expertise and knowledge of energy-efficient technology by developing low-cost, green energy-powered solutions for a variety of industries while continuing its research, development and commercialization of the XYO Technology in key applications. For more information about the company, please visit www.PerpetualIndustries.com.
NOTE TO INVESTORS:The latest news and updates relating to PRPI are available in the company’s newsroom at https://ibn.fm/PRPI
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