About the Company
HashWatt, Inc., a Delaware corporation, is a US-based Bitcoin mining development company that has secured long-term rights and all relevant energy-related regulatory approvals to purchase electricity directly from the largest waste-burning power plant in the United States and to lease property at the plant site so that energy purchases are made without any grid-related risk and without any risks related to the operation of a power plant.Contact The TEam
High altitude, high latitude, cool climates with prevailing wind enables effective environmental cooling without electricity waste.
A partner that not only controls power generation, but also fuel source, logistics, waste disposal, and land reclamation.
Small relative energy use footprint compared to plant generation capacity with the opportunity for expansion.
Triple redundancy with two separate boilers and grid-based backup.
HashWatt’s Mission Statement
HashWatt will continue to build on our successes to further mature as a large-scale, highly profitable, ESG friendly, legally compliant, U.S. Bitcoin Mining company with a Powerful Energy Advantage. We apply best-in-class practices, rigorous business management, and rigorous execution to the Bitcoin markets, in conformity and compliance with U.S. laws, rules and regulations.
The company’s goal is to expand further on the journey into a large-scale, highly profitable, ESG friendly, legally compliant, U.S. Bitcoin Mining company with a Powerful Energy Advantage.
What Sets Us Apart as a Bitcoin Mining Company
SEC/FINRA/FERC/RTO Compliant & ESG Focused
HashWatt, Inc. management is committed to the belief that cryptocurrency markets require investor protection, environmental focus, and transparency in order to be legitimized. HashWatt is a US company and will operate in compliance with US laws, rules, and regulations. HashWatt capital structure is based only upon US Law compliant Securities.
Hashwatt Power Partnerships Mean Cheaper Mining With Esg Focus
HashWatt is among the lowest cost miners in the U.S. because of the unique arrangements it has with U.S. power generators that guarantee long-term, low-cost electricity without distribution costs, and secure, leasehold property. These contractual agreements are for seven years and renewable for three-year extensions with no regulatory risk associated with buying power from the grid.
Enhanced Irr Captive Energy “Without Risk Of Power Plant Ownership”
Based on HashWatt’ valuable power purchase agreement that enables the company to purchase power “behind the nameplate,” HashWatt can mine Bitcoin with a strong advantage to other competitors, reduced regulatory risk (as HashWatt is not buying from the grid, rather directly from energy producers without the complications of power plant ownership).
Hashwatt’s Management Personnel
Hashwatt’s Non-Employee Directors
Hashwatt’s Story and Bitcoin Background
Bitcoin, the first successful, modern, decentralized currency, was introduced in 2009. Bitcoin’s success has been significantly due to its architecture which relies on a digital public ledger system called blockchain. Blockchain is a digital history of every transaction in the coin. Instead of a central bank, blockchain requires computers around the world to verify transactions to ensure there is no duplication of coin use.
The decentralized computers that verify blockchain transactions are called miners and they search for blocks of transactions that require verification. In Bitcoin, every ten minutes, competing miners submit a block of discovered pending transactions and deliver the blocks into a mathematical puzzle. The first miner to find a solution delivers it to the rest, and, if a majority approve, the block is attached to the ledger and the miner is rewarded with a “Block Reward,” which is a payment of a certain number of coins of the cryptocurrency being mined.
Growth in the cryptocurrency is through the issuance of Block Rewards. The marking of new transactions is done through what is called “hashing” because it is performed through the hashing algorithm that permits new blocks to be introduced into the chain.
The effectiveness of blockchain as an alternative to traditional centralized banking systems has led to the creation of over one thousand different crypto currencies and the development of trading markets for those currencies against each other and against traditional currencies.
The most significant variable cost of mining is electricity as a large number of application-specific integrated circuits (ASICs), graphics processing units (GPUs) and central processing units (CPUs) are used to mine blockchain transactions and require large amounts of energy to perform that function.