Powerbridge Technologies, a provider of SaaS solutions and blockchain applications, announced that its subsidiary Powercrypto Holdings has started a crypto mining business in Hong Kong, using environmentally friendly, green, and sustainable energy.

Powercrypto is expected to deploy 2,600 high-performance mining machines in Hong Kong, including 600 Bitcoin mining machines with a computing power of about 60 PH/s, and 2000 Ethereum mining machines with a computing power of about 1,000 GH/s.

By establishing mining operations in North America and Asia, Powercrypto will focus on improving the overall level of computing power in BTC and ETH mining.

By Mary Liu