FAVO Blockchain, Inc., a Wholly Owned Subsidiary of FAVO Realty, Inc. is Pleased to Announce it has Signed a Definitive Agreement to Exchange Their ASIC Inventory for an Equivalent Hash Rate Service Contract with Hydro66 Holdings Corp.

Aug 08, 2019

GARDEN CITY, NY / ACCESSWIRE / August 8, 2019 / FAVO Blockchain, Inc. will sell its entire inventory of ASICS and associated equipment to Hydro66 in exchange for a hash rate equivalent cloud services contract delivered from Hydro66’s award winning colocation data center in Boden, Sweden. This data center is powered by 100% green locally generated hydropower, is world-class efficient using 90% less energy than the average EU data center and is an ISO27001 accredited facility. FAVO Blockchain expects the new contract to be in production before the end of the month.

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