HashWatt, Inc., a Delaware corporation, is a U.S. based bitcoin mining company with long term power contracts that secure the lowest price of power for both mining and “Captive Energy Development” asset development. With physical mining operations and management based in the U.S., HashWatt’ mission is to provide assurance of adherence to U.S. law, focus on Environment (ESG) and to generate mining rewards with “provenance” (known to have clean lineage). HashWatt’ long term power agreements are contracted from U.S. power suppliers and delivered directly to HashWatt before reaching the power grid.
The company’s business model is unique. We are a U.S. sovereign bitcoin mining company. We provide our investors with a legitimate and transparent way to acquire substantial holdings of Bitcoin in a structure suitable for each project. As such, we are an “ESG Captive Energy Asset Development” entity as well: able to use our power agreements to generate revenue in any project that requires the use of our valuable power agreements.
Instead of acquiring Bitcoin in the open market or over-the-counter purchases, we mine cryptocurrencies and are rewarded for our mining in those currencies, and, in that way, create an ever-growing basket of cryptocurrency for our shareholders and customers.
Our investors fund mining operations and receive mining rewards (or utilize our custody services to store coins securely) based on contracted agreements.
The company has a significant cost advantage over other mining operations because it has entered into long-term contracts for “mining co-location” within U.S. power generation facilities (via our valuable energy purchase agreements of up to 200mw) with large U.S. power producers to deliver low-cost power directly – without distribution costs associated with grid. We also reduce power availability risk to investors as we are not subject to regulatory risk associated with competitors who utilize grid power.
The company’s goal is to become the most effective, legally compliant, and transparent way to gain multi-currency exposure to the cryptocurrency markets, and through reinvestment and acquisition, become one of the largest cryptocurrency mining operations in the USA.