Cryptocurrency Mining Turns Green with Ormeus Coin

Upstate New York becomes Bitcoin mining hub with cheap hydro energy
fuelling 21st Century Gold-Rush

LONDON–(BUSINESS WIRE)–#bitcoin–Virtual Currency Ormeus Coin is using renewable energy from a hydro dam
near the Niagara Falls on the American/Canadian border to power a new
multi-million-dollar industrial crypto mining operation.

Ormeus has joined forces with local authorities and the Moses-Saunders
Power Dam – a colossal hydro project that stretches over the St.
Lawrence River Valley for more than 30 miles.

The dam has 32 turbine-generators divided equally by the international
border with 1,045 megawatts operated on the Canadian side and 912
megawatts being run from Massena, upstate New York.

The extensive USD$250 Million Ormeus Coin mining farms in the Midwest
and New York take advantage of a variety of technologies, including
artificial intelligence and custom-built algorithms which help the data
centers run at maximum efficiency – thereby increasing profits to almost
USD$7 Million per month.

However, it is cheap energy from the hydro dam that gives Ormeus the
ultimate mining edge with some of the lowest electricity rates in North
America and extremely low or free energy distribution costs.

“The dam offers low-cost power under a statutorily authorized program
called Preservation Power, which protects and promotes jobs in the
upstate New York area of Massena,” a spokesperson for Ormeus Coin said.

“The legislation allows proceeds from sales of certain hydropower blocks
to be used for economic development in the St. Lawrence County area.

“Ormeus Coin is currently adding jobs to the area as promised with one
of our new mining facilities close by,” said Ormeus Coin’s spokesperson.

Cryptocurrency miners are following the Ormeus Coin lead and moving
their facilities to the St. Lawrence County area of upstate New York,
which is now being described as the ‘Silicon Valley of Crypto Mining.’

Ormeus executed a lease for a 15,000 square-foot mining center in the
northern New York area last August and the operation is already making
gains as Bitcoin stabilizes around the USD$10,000 mark.

Ormeus Coin is expected to release its new cryptocurrency wallet
shortly, and further announcements regarding the coin being added to
large crypto exchanges are imminent.

For more information on Ormeus Coin, the public can visit www.ormeuscoin.com.

Contacts

Ormeus Coin
Journalists Contact:
Tim Forde, 00-44-7881292043
www.ormeuscoin.com