EcoChain, Inc. (“EcoChain”), a wholly-owned subsidiary of Mechanical Technology, Incorporated , a cryptocurrency mining business powered by renewable energy, today announced the release site level results by month through May.
As previously communicated, EcoChain has released its site level financial flash, including revenue, adjusted cost of cryptocurrency revenue and contribution margin.
Michael Toporek, CEO of the Company commented “We are pleased to make this first monthly disclosure of EcoChain’s revenue and contribution margin by location. It is the first of what will now be regular releases of monthly results. We continue to disclose information that is consistent with our ethos of transparency and accountability to stockholders. We sincerely hope that investors find this information useful when reviewing our operating performance.”
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About EcoChain, Inc.
EcoChain, Inc., a wholly-owned subsidiary of Mechanical Technology, Incorporated, is engaged in developing and operating ultra-low cost green data centers focused on cryptocurrency mining. For more information about EcoChain, please visit www.ecochainmining.com.
Kirin Smith, President
PCG Advisory, Inc.