We harness green energy to secure the future of decentralized finance.
A Legacy of Innovation
EcoChain is a subsidiary of Mechanical Technology Inc. (NASDAQ:MKTY), which was formed to develop and monetize cryptocurrency mining facilities that can be powered by renewable energy. We believe that we can contribute to the acceleration and the adoption of decentralized finance by leveraging underutilized green power resources globally.
NEWS
EcoChain, Inc. Announces August Site Level Financials
EcoChain reports continued execution with another strong month of growth as the cash contribution margin more than doubled and installed hashrate in August increased by 174%.
MTI Announces Pricing of Upsized $18 Million Preferred Stock Offering
MTI announced the pricing of its upsized underwritten public offering of 720,000 shares of its 9.0% Series A Cumulative Perpetual Preferred Stock.
EcoChain, Inc. Announces Agreement to Acquire Soluna Computing, Inc. Adds 300 MW Pipeline Under LOI
“I am thrilled to increase the size and scope of our company and this transaction puts us in an even stronger position to provide significant value for investors,” said Michael Toporek, Chief Executive Officer of MTI.