SDBT Builds USD 10 Million Cryptocurrency Mining Facility
OREANDA-NEWS. February 09, 2018. SDT Holdings, Inc. / Wuhan General Group (China), Inc. (OTC PINK:WUHN) (the "Company"). The Company announces today that its subsidiary SDBT will start building a $10 Million Cryptocurrency Mining Facility North of Quebec region.
"This is an exciting time for our enterprise from an investment standpoint as big Chinese miners like Bitmain are turning to Quebec because of low energy cost and cold climate. This is obviously going to revolutionize our way of thinking about currency," stated Ramy Kamaneh, CEO of SDT Holdings, Inc.
"We are currently securing a scalable up to 100 000 sq. ft warehouse with 30MW of available power which will provide the space and electricity for future expansion. We are currently in discussion with key hardware providers and joint ventures in the project," stated Ramy Kamaneh, CEO of SDT Holdings, Inc.
Strategic Development of Blockchain Technology (SDBT) is a Quebec-based enterprise that focuses on large-scale mining cryptocurrencies farm in its region while offering other related services as well as the development of industrial blockchain technologies with the purpose of facilitating its access and adoption.
About SDT Holdings
SDT Holdings, Inc. is a Montreal-based industrial technology holding company that focuses on the development, production and commercialization of its four subsidiaries, specialized in these areas: mining electrification, cryptocurrencies / blockchain, industrial batteries, internet of things and artificial intelligence for the industrial market. Dedicated to supplying quality, innovative technologies and battery solutions, SDT Holdings services the transport, mining, agricultural, industrial and earthmoving industries.