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%.
September 2021
August 2021
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.
MTI Announces Second Quarter 2021 Financial Results and EcoChain July Site Level Financials
EcoChain ramp continues with expected August hashrate up 269% and MTI Instruments reports solid quarter and strong pipeline activity.
May 2021
EcoChain, Inc. Presents an Illustration and Application of its Business Model as Capacity Ramps Towards 50MW 2021 Target
EcoChain announces release of a document intended to serve as a hypothetical illustration and application of its business model as it continues to add capacity.
EcoChain, Inc. Adds Immediate Capacity; Transformation on Track Towards 50MW 2021 Target
Today announced two new lease agreements located in the Southeast United States, adding immediate capacity.
March 2021
EcoChain, Inc. Announces Strategic Update on its Growth and Operations
In the presentation Mr. Toporek discusses the power cost of EcoChain’s new data center in the South Eastern United States.
January 2021
EcoChain, Inc. Announces Land Acquisition to Build Ultra Low-Cost Green Data Center
Ecochain's parent company, MTI purchases land to build a green data center to further its mission of cryptocurrency mining in the Southeast United States.
Mechanical Technology, Incorporated, is Committed to Transparency!
ALBANY, N.Y., January 6, 2021 /PRNewswire/ — Mechanical Technology, Incorporated (“MTI” or the “Company”), a publicly traded company (OTC Pink: MKTY) headquartered in Albany, New York, continues their philosophy of transparency as they enter 2021.
May 2020
Mechanical Technology Incorporated Announces Closing of Previously Announced GigaWatt Acquisition
EcoChain Inc. closes acquisition of intellectual property of Giga Watt and other property and rights of GigaWatt associated with a Washington State crypto-mine
February 2020
MTI backs cryptocurrency startup, forms new subsidiary
Mechanical Technology Inc. invests in cryptocurrency startup and forms new subsidiary EcoChain. EcoChain is a cryptocurrency mining startup that is focused on mining operations powered by clean energy sources such as hydro, wind, and solar.