written by
Tom F

Announcing the acquihire of energy industry veterans, CleanTech Digital

Press Releases 1 min read

It is great to be able to announce something we have been working on for sometime - adding more oil & gas experts to our team. Today we made public our plan to acquire the team and assets of CleanTech Digital (“CleanTech”), a Texas company.

Mr. Jordan and his team bring substantial expertise to the mission of Redivider in the pursuit of diversified clean energy solutions. – Tom Frazier, CEO of Redivider Blockchain

CleanTech has an experienced leadership team in the oil and gas industry allowing Redivider to quickly expand. The CleanTech industry relationships enable a number of new locations as well as partners that align with leveraging clean processes and systems for large-scale generation of electricity.

CleanTech is focused on sustainable Bitcoin mining solutions for the oil and gas industry. CleanTech can address many of the challenges faced by that industry, in part, through the enablement of zero net carbon Bitcoin mining emissions.

The need by Bitcoin miners for energy efficient solutions continues to reach new levels globally. In order to meet this demand Redivider seeks to deploy its mobile data centers to locations nationwide. This strategy allows for parallel deployments and also helps reduce single-jurisdiction risks present in today’s monolithic facilities.

CleanTech is excited to partner with Redivider Blockchain as we lever our decades of Oil and Gas industry experience with Redivider's resources to create clean and sustainable Bitcoin mining for the future. – Tom Jordan, CEO of CleanTech Digital

The transaction is expected to close in May 2022 and is subject to customary closing conditions for a transaction of this nature.

See more in the press release here.