Ocean Power Technologies Inc (OPTT)

[$oldier Hard]

$OPTT, is Ocean Power Tech getting noticed for Bitcoin mining?

From July 2022 article.
In 2021, Tesla stopped taking Bitcoin for electric vehicle purchases. Why? Concern for the environmental toll of creating new units of the world’s best-known cryptocurrency in a process called mining.

The computers that mint new Bitcoin use a tremendous amount of electricity, often generated by fossil fuels. That real-world cost of electricity is one of the factors that give real-world value to the digital currency, which is currently trading at around $23,600.

Regardless of the source of electricity, and the cryptocurrency mining industry is moving toward renewable energy sources, mining is central to Bitcoin’s existence as a decentralized currency.
https://www.forbes.com/advisor/investing/cryptocurrency/bitcoin-mining/
From OPTT Tweet 31 May

May 21 TMGcore joined OPT along with Ocean Aero.
TMGcore is the Home of Immersion. HPC, Data Centers, Crypto Mining - cool, quiet, sustainable.
TMGcore
@TMGcore
·
Jun 24
CryptoCore = #bitcoinmining done right. Energy efficient, sustainable, consistent overclocking, small footprint, quiet, etc., etc. TMGcore is changing the game. No more hot air, just substance (and?? hash rates ??). http://TMGcore.com/crypto

Aug 2021 Ocean Power Technologies Announces DOE Award Supporting Development of Next Generation Wave Energy Converter Concept

July 2022 Ocean Power Technologies Announces DOE Award Supporting Phase II Development of Next Generation Technologies
.