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Energy Industry Team To Launch Crypto Mining Fund
Energy Industry Team To Launch Crypto Mining Fund
Sheridan, WY February 08, 2022 --(PR.com)-- Several energy industry veterans have joined forces with
experienced bitcoin mining operators and a robust executive team to launch HashWorks Digital Industries
(“HDI”) and HashWorks Digital Partners (“HDP”) to solve a problem: providing investors an opportunity
to directly participate in the revenue stream from mining Cryptocurrencies.
HashWorks founders Todd Esse (ex-Southport Energy, Sasco Energy, Sempra/AIG), Rene Ramirez
(Torofino/Osofino, Fortis, Cinergy), and Henri deLaunay (ex- Torrent Oil, Hilcorp) bring over seventy
years of combined experience in identifying, managing, owning, and operating physical energy and
electricity assets in the United States. Along with an experienced CTO (ex-General Dynamics) and COO
(ex-Harbour Square, Sasco Energy).
With 75 megawatts of electric capacity in advanced stages of development, Esse believes there will be
institutional and family office demand for exposure to the arbitrage that exists today between the value of
Bitcoin and the cost of production.
“To date, the opportunity doesn’t exist for investors to directly invest in crypto mining capacity at scale
through fund platforms which allow an audit and oversight component, contrary to the equity offerings
available in the market today,” says Ramirez. “Why should eligible investors only have the option to buy
shares of public companies that are mining? Those entities trade at multiples and volatility many times
that of their underlying assets.”
HashWorks is working with legal counsel and service providers to launch a private investment fund
vehicle for LP interests. The team is exploring the possibility of tokenization of the revenue streams
generated through mining with digital asset industry pioneers, and are in advanced discussions with a
top-tier investment bank about financing it’s first electricity-generating asset purchase for colocation of
bitcoin mining.
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Contact Information:
HashWorks Digital Industries
Todd Esse
307-387-9003
Contact via Email
hashworks.industries
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