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NEWS
VivoPower's Caret Digital to activate Dogecoin mining operations, with revenue and profitable cashflow generation by early January 2025
Thursday, 5th December at 8:15 am
Caret Digital has selected renewable-powered hosting facilities in Wisconsin and Oregon with an initial fleet ramping up to 1,000 Antminer L9s to be activated
Annualised revenue potential of up to US$25m based on current Dogecoin prices, with annualised cash EBITDA of up to US$12m
Dogecoin mining is consistent with Caret Digital's Power-to-X strategy that seeks to activate the highest and best use cases for renewable power capacity
Economics of Dogecoin mining have improved markedly with an estimated payback period of 9-12 months (depending on power costs and based on current market values)
Thursday, 5th December at 8:15 am
Caret Digital has selected renewable-powered hosting facilities in Wisconsin and Oregon with an initial fleet ramping up to 1,000 Antminer L9s to be activated
Annualised revenue potential of up to US$25m based on current Dogecoin prices, with annualised cash EBITDA of up to US$12m
Dogecoin mining is consistent with Caret Digital's Power-to-X strategy that seeks to activate the highest and best use cases for renewable power capacity
Economics of Dogecoin mining have improved markedly with an estimated payback period of 9-12 months (depending on power costs and based on current market values)
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Only Believe : Thanks Bro