Australian-based AXP Energy Limited to provide energy sources to enable EMI to scale quickly and meet the growing demand
updated: Aug 13, 2021
August 13, 2021 (Newswire.com) –
Elite Mining Inc. (EMI) is excited to announce it has signed a Heads of Agreement (HOA) with Australian and United States.-based AXP Energy Limited (ASX: AXP, OTC US: AUNXF), (‘AXP’, ‘Company’) to establish in-situ power generation for the large and growing cryptocurrency mining sector in the United States.
Elite Mining Inc. acquires, installs and maintains mining hardware to mine digital currencies, using immersion technology and the lowest 2% renewable energy costs in the United States. The hardware, or miners, are submerged in EMI’s proprietary liquid-cooled Immersion Mining Pods, which are placed within a 28-foot Elite Mobile Unit (EMU) to…