Business
Link Global's Subsidiary Pure Digital Power Corp. Signs A Letter of Intent With a Leading Solar Consultant to Source 20MW of Solar Power
VANCOUVER, BC / ACCESSWIRE / April 13, 2021 / LINK GLOBAL TECHNOLOGIES INC. (CSE: LNK; FRA: ...
About this update from Neptune Digital Assets Corp
[{"type":"text","content":"Link Global's Subsidiary Pure Digital Power Corp. Signs A Letter of Intent With a Leading Solar Consultant to Source 20MW of Solar PowerVANCOUVER, BC / ACCESSWIRE / April 13, 2021 / LINK GLOBAL TECHNOLOGIES INC. (CSE: LNK; FRA: LGT; OTC: LGLOF) (\"LINK\" or the \"Company\"), an innovative power and infrastructure solutions provider for Bitcoin mining and data hosting operations, is pleased to provide an update on its planned renewable energy Bitcoin mining operations. As previously announced, April 12, 2021, Pure Digital a joint venture between Link and Neptune Digital Assets Corp. (\"Neptune\") (TSX-V:NDA; OTC:NPPTF; FSE:1NW)to create Pure Digital Power Corp. (\"Pure\"), have signed a Letter Of Intent (\"LOI\") with a solar consultant, specializing in the adoption of renewable energy, for 20MW of power and associated carbon credits.Pure is committed to positioning itself as the leader in clean energy BTC mining . With an estimated 600MW of additional solar power expected to come online in early 2022 in Alberta, Pure is aggressively securing supply.Pure has proposed a 10 year contract at a fixed rate.Pure intends to have a definitive agreement by the end of April, 2021.Operational updateBit Digital BTC mining machines have been installed ( previously announced March 31,2021).Link has received the first 2.5MW generator from Starco Fuels and is expecting another 2.5 MW generator by the end of April 2021 (Previously announced March 18, 2021).Link has extended the Letter Of Intent for electrical cost reducing technology IP (previously announced February 25, 2021) until April 23, 2021.Link President and Chief Executive Officer Stephen Jenkins commented, \" The growth of solar power in Alberta will keep sustainable energy in the forefront of BTC mining. With the increased market adoption of BTC and the impending IPO of Coinbase, we see the opportunity to expand our mining operations and secure long term sustainable power.\"About Link Global Technologies Inc.Link is engaged in providing infrastructure and operating expertise for digital mining and data hosting operations. Link's objectives include locating and securing, for lease and option to purchase, properties with access to low-cost, reliable power, and deploying this low-cost power to conduct digital mining and supply clean energy and infrastructure for other data-hosting service...