Environmentally Friendly HD Initiates Bitcoin Mining Using Solar Power

Environmentally Friendly Holdings (3777) announced on the 28th that its board of directors has decided to start a Green Coin Mining business. Although still in the planning stage, the company intends to utilize the 2-3 year waiting period before connecting to the power company's transmission network, following the completion of the solar power plant, to conduct Bitcoin mining. By integrating a Battery Energy Storage System (BESS) with the solar power plant, the company aims to create an innovative revenue model that combines renewable energy with virtual currency. The company has already concluded a basic agreement with Energy Product on July 7th to demonstrate mining operations at a 32MW solar power facility.