Introduction to the Mechanical Technology Inc and Soluna Partnership

EcoChain, a subsidiary of Mechanical Technology Inc. (NASDAQ:MKTY), was formed to develop and monetize crypto currency mining facilities that can be powered by renewable energy. We believe that we can contribute to the acceleration and the adoption of crypto currencies by reducing the cost of mining through a vertical integration strategy. Mechanical Technology’s investment in Soluna provides its shareholders with the right to commit capital directly to the first 100mw of wind turbine assets associated with Soluna’s projects, as well as to associated crypto mining assets.

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