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GreenBlocks

Entity Type
Financial Services
Links
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Industry
Information Technology & Services
Location
Europe
Founding Date
2021

GreenBlocks mines Bitcoin and other cryptocurrencies using 100% renewable energy of Iceland and helps partners with stranded or excess energy increase their utilization and revenue through mining. The firm offers a flexible structure to each partnership, depending on capacity, availability and location, to monetize the otherwise unused energy production through proof-of-work. GreenBlocks secures blockchains using the clean energy of Iceland and helps owners of stranded/excess energy maximize utilization.

Daniel Jonsson

2021 - present

ABOUT GREENBLOCKS

  • GreenBlocks has been active in mining since 2019 but 2021 marks the birth of GreenBlocks as a brand.

  • According to Daniel Jonsson, GreenBlock’s founder, crypto mining is one of the first green alternatives Iceland has to export its energy.

  • Additionally, Bitcoin is a solution that will be one of the biggest catalysts in the shift to renewable energy sources over the coming years.

Warnings and Disclaimers

The information contained herein is obtained from sources believed to be reliable, but its accuracy cannot be guaranteed. It is not designed to meet your personal financial situation - we are not investment advisors nor do we give personalized investment advice. The opinions expressed herein are those of the publisher and are subject to change without notice. It may become outdated an there is no obligation to update any such information.

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