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Harmonychain AS ( (DE:7EW) ) just unveiled an announcement.
Lokotech AS, a subsidiary of Harmonychain AS, has developed an in-house Smart Power Distribution Unit designed to work with a broad range of popular legacy mining machines. The product is aimed at large-scale miners and hosting facilities seeking more efficient fleet management and improved load balancing without replacing existing power supplies.
After successful pilot testing of the Smart Power Distribution Unit at a client site in the U.S., Lokotech has placed its first, limited-scale production order to support customer sampling. A broader commercial launch is planned later this year once the full product suite is certified, positioning the company to enhance its role in crypto mining infrastructure and potentially deepen relationships with major hosting customers.
More about Harmonychain AS
Harmonychain AS, through its subsidiary Lokotech AS, operates in the cryptocurrency mining infrastructure segment, focusing on hardware and power management solutions tailored to large-scale miners and hosting facilities. The company targets operators of legacy mining machines, aiming to improve fleet management, power efficiency, and invoicing accuracy without requiring costly overhauls of existing equipment.
Average Trading Volume: 4,331,349
Current Market Cap: NOK507.2M
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