Meet the Under the Radar Clean Energy Company that Can Help Make Cryptocurrency Mining Become Sustainable for the Planet!

Innovative and focused on tremendous upward growth, Viking Energy Group, Inc. (OTCQB: VKIN) has become an impressive clean energy company to keep your eyes on!

https://www.vikingenergygroup.com/

Viking Energy Group, Inc. (OTCQB: VKIN) is proving itself to be an exciting company to pay attention to, having revenues of more than $40 million in 2020!

In August of 2021, VKIN announced the exciting acquisition of a majority interest in Simson-Maxwell Ltd, a leading manufacturer and supplier of industrial engines, power generation products, services and custom energy solutions.  Viking also acquired an exclusive license in Canada to a patented carbon-capture system.

Simson-Maxwell integrates innovative technology with superior products to contribute to global energy sustainability. 

A notable highlight of this announcement is that one of Simson-Maxwell’s main focuses is to assist with sustainable mining for crypto-currency!

2021 was a breakthrough year for crypto and a record breaking one for Bitcoin, breaking its previous all-time high and adding over $540 billion to its market capitalization! 

Clean, renewable energy is more important now than ever before. The world is focused on using renewable energy sources in order to protect the planet. 

Renewable energy is in fact the fastest-growing energy source in the United States, increasing 42 percent from 2010 to 2020 (up 90 percent from 2000 to 2020)!

Not only is clean, sustainable energy better for the environment, it’s much more profitable!

Headquartered in Houston, TX, Viking Energy Group, Inc. (OTCQB: VKIN) is focused on providing custom energy & power solutions to commercial and industrial clients in North America.

VKIN is a growth-oriented diversified energy company. Through various majority-owned subsidiaries, Viking provides custom energy & power solutions that are clean and sustainable for the planet.

VKIN’s intent is to pursue opportunities while recognizing the immediate dependence on current, unsustainable energy sources as well as the need to explore the sustainable and profitable alternatives.

• Sustainable and clean energy is a huge and growing market as the future of our planet becomes a top priority. According to the report published by Allied Market Research, the global renewable energy market garnered $881.7 billion in 2020, and is anticipated to reach $1,977.6 billion by 2030, exhibiting a CAGR of 8.4% from 2021 to 2030.
• • Cryptocurrency, a form of currency that exists digitally only and has no central issuing or regulating authority, is an ever-growing market and the global cryptocurrency market size was valued at $1.49 billion in 2020, and is projected to reach $4.94 billion by 2030, growing at a CAGR of 12.8% from 2021 to 2030.
    
    
• Increase in need for operational efficiency and transparency in financial payment systems, rise in demand for remittances in developing countries, increase in data security, and improved market cap are the major factors that drive the growth of the global cryptocurrency market. 
• Bitcoin mining can be said to be partly responsible for the production of the greenhouse gases that cause climate change as the process of mining requires so much energy, that the Bitcoin network is estimated to consume more energy than several countries! This means, we need a more sustainable way of mining cryptocurrency.
• Recently announced earlier this month, VKIN has also entered a purchase agreement to acquire a renewable diesel facility in Reno, NV.
• U.S. production capacity for renewable diesel is forecasted to increase significantly through 2024 based on several announcements for projects that either are currently under construction or could be in development soon. This growth is driven by higher state and federal targets for renewable fuel, favorable tax credits, and the conversion of existing petroleum refineries into renewable diesel refineries.
• The company has also entered into an Exclusive Intellectual Property License Agreement with ESG Clean Energy, LLC regarding ESG’s patent rights and know-how related to stationary electric power generation, including methods to utilize heat and capture carbon dioxide. The license is exclusive for all of Canada (unlimited number of systems), and non-exclusive for up to twenty-five locations in the United States!

~ There is untapped potential in several markets for uncapped market growth for this company! ~

Greetings Investors, 

The world is in desperate need for clean, renewable energy sources to protect our planet. Renewable energy can play an important role in U.S. energy security and in reducing greenhouse gas emissions.

Using renewable energy can help to reduce energy imports and reduce fossil fuel use, which is the largest source of U.S. carbon dioxide emissions. Fossil fuels are responsible for large amounts of local air pollution, a growing health problem that leads to at least 5 million premature deaths each year!

To reduce CO2 emissions and local air pollution, the world needs to rapidly shift towards low-carbon sources of energy; nuclear and renewable technologies.Around 78% of the nation’s energy comes from fossil fuels, 8.9% from nuclear, and only 12.5% from renewable sources.

According to Digiconomist, Bitcoin mining generates about 96 million tons of carbon dioxide emissions each year—equal to the amounts generated by some smaller countries.

Cryptocurrency mining also generates a significant amount of electronic waste, as mining hardware quickly becomes obsolete. The Bitcoin network generates approximately 30 thousand tons of electronic waste every year.

The potential for the cryptocurrency market is incredibly impressive. In January, Tesla CEO Elon Musk added “#bitcoin” to his Twitter bio which ended up sending the value of the cryptocurrency rocketing by $5,000 within an hour! 

However, due to environmental concerns, Musk stated this year that Tesla would no longer accept bitcoin which may have played a role in the crash in May. This decision inadvertently turned the attention to the sustainability of cryptocurrency. Now more than ever, the focus has turned to make cryptocurrency mining more environmentally friendly.

ABOUT THE COMPANY

Viking Energy Group, Inc. is s a growth-oriented diversified energy company. Through various majority-owned subsidiaries, Viking provides custom energy & power solutions to commercial and industrial clients in North America and owns interests in oil and natural gas assets in the United States The company also holds an exclusive license in Canada to a patented carbon-capture system.

COMPANY HIGHLIGHTS

• Viking is leveraging their its expertise and relationships to build a diversified organization with profitable business segments to increase stakeholder value. This balanced approach can expedite growth while reducing dependence on any particular division. The company’s aim is to acquire a majority interest in assets or entities with current revenue streams and realistic upside potential.
• Within their Energy Division, they intend to pursue opportunities recognizing the immediate dependence on current energy sources as well as the need to explore sustainable and profitable alternatives. Outside the Energy sector, the company intends to target opportunities with compelling metrics and scalability.
• The company has many subsidiaries they’ve acquired, focused on clean and sustainable energy as well as in oil and gas fields. 

The company is determined to provide sustainable and clean forms of energy and power solutions to their clients.

Simson-Maxwell, Ltd. is a majority-owned subsidiary of Viking Energy Group, Inc., and is a leading manufacturer and supplier of power generation products, services and custom energy solutions.

They provide commercial and industrial clients with efficient, flexible, environmentally responsible and clean-tech energy systems involving a wide variety of products, including: CHP (combined heat and power), tier 4 final diesel and natural gas industrial engines, solar, wind and storage. 

CRYPTOCURRENCY MINING POWER

Cryptocurrency is decentralized digital money that’s based on blockchain technology. Unlike the U.S. Dollar or the Euro, there is no central authority that manages and maintains the value of a cryptocurrency.You can use crypto to buy regular goods and services, although most people invest in cryptocurrencies as they would in other assets, like stocks or precious metals. 

The market for crypto is expansive and has uncapped growth potential: the global cryptocurrency market size was valued at $1.49 billion in 2020, and is projected to reach $4.94 billion by 2030, growing at a CAGR of 12.8% from 2021 to 2030.

Cryptocurrencies require huge amounts of energy to mine. It’s estimated that 0.21% of all of the world’s electricity goes to powering Bitcoin farms. That’s roughly the same amount of power Switzerland uses in a year! It’s estimated most Bitcoin miners end up using 60% to 80% of what they earn from mining to cover electricity costs.

Which is why sustainable mining is incredibly important! Simson Maxwell works can assist with  just that!

Simson-Maxwell is able to provide power system solutions optimized for cryptocurrency mining projects. Efficient, durable, and reliable systems provide clients with maximum uptime to ensure that your productivity and revenue stream is maximized.

Viking Energy Group, Inc. is a party to an Intellectual Property License Agreement with ESG Clean Energy, LLC regarding ESG’s patent rights and know-how related to stationary electric power generation, including methods to utilize heat and capture carbon dioxide (the “ESG Clean Energy System”). 

The ESG Clean Energy System is designed to generate clean electricity from internal combustion engines and utilize waste heat to capture ⁓ 100% of the carbon dioxide (CO2) emitted from the engine without loss of efficiency, and in a manner to facilitate the production of precious commodities for sale.

Besides electrical power generation, the ESG clean energy system is also designed to be utilized in a number of different environments, including:

-  Crypto Mining Operations: Can meet the energy demands of crypto mining operations without emitting carbon dioxide into the atmosphere.

• Plastics Recycling Operations: Can be made more affordable and safer for the environment by providing low-cost, CO2-free heat that is critical to its processing.
• Nitrogen Removal: Can be done more efficiently and cleanly. Nitrogen can cause algae blooms in wastewater treatment plants and is a risk to human health, so its removal has become an emerging, worldwide concern.
• Stranded Natural Gas Wells: Can be effectively converted from non-operating revenue producers to operating revenue producers by incorporating the ESG system into its production process.
• Microgrids: Can be made more reliable in times of emergency with the distributed power abilities of ESG power generation when regional grids go down.
• Data Centers: Can provide large data centers with clean low-cost energy in a relatively small package.

Recent Milestones:

Viking Energy Group, Inc. recently announced their acquisitionthe signing of into a Membership Interest Purchase Agreement to acquire a 100% interest in a group of companies that are in the process of engineering, developing, constructing and bringing into commercial operations a processing plant located in Reno, Nevada, which is designed to produce renewable diesel.

The estimated production capacity of the Plant, once operational, is: 43,000,000 Gallons per year. The main part of the Plant is 95% complete and there is a pre-treatment unit under construction within the Plant that is 30% complete.

Renewable diesel fuel, or green diesel, is a biofuel that is chemically the same as petroleum diesel fuel, often made from from responsible and sustainable feedstock, such as used cooking oil, rendered animal fats and inedible corn oil. It is produced through various thermochemical processes such as hydrotreating, gasification, and pyrolysis. Renewable diesel is made from renewable feedstocks instead of crude oil.

Renewable diesel production capacity in the United States is forecast to grow from 600 million gallons per year (gpy) at the end of 2020 to 5.1 billion gpy by 2024, according to the U.S. Energy Information Administration based on projects announced and under construction.

VKIN in The News

Viking Energy Signs Agreement to Acquire Renewable Diesel Facility

Viking Energy Acquires Majority Interest in Simson-Maxwell Ltd.

Viking Energy Announces Additional Equity Investment from Camber Energy

White House Science Advisor Visits Darling Ingredients' Joint-Venture Renewable Diesel Facility

Here's how much electricity it takes to mine Bitcoin and why people are worried

Crypto Market Tops $1 Trillion As Bitcoin Smashes Records

Many people are bullish about cryptocurrencies like Bitcoin, there is a major flaw—cryptocurrency mining is highly energy intensive. 

While mining is just one method available to validate cryptocurrency transactions and mint new crypto coins, it's the method used by the leading digital coins in the market. 

This puts a spotlight on companies like VKIN who is focused on lessening the harsh impact of crypto mining on the planet!

As Wall Street learns about the company’s endeavors and how revenues are skyrocketing, this quietly trading company may not remain under the radar much longer!

Not when this small-cap has a narrative that reads like a Big Board player!

Headquartered in Houston, TX, Viking Energy Group, Inc. (OTCQB: VKIN) is focused on providing custom, sustainable, and clean energy & power solutions to commercial and industrial clients in North America.Clean, renewable energy is more important and imperative now than ever before as companies are focused on using renewable energy sources in order to protect the planet. 

Sustainable and clean energy is a huge and growing market as the future of our planet becomes a top priority!! The global renewable energy market garnered $881.7 billion in 2020, and is anticipated to reach $1,977.6 billion by 2030, exhibiting a CAGR of 8.4% from 2021 to 2030.

Around 78% of the nation’s energy comes from fossil fuels, 8.9% from nuclear, and only 12.5% from renewable sources.

VKIN’s intent is to pursue opportunities while recognizing the immediate dependence on current, unsustainable energy sources as well as the need to explore the sustainable and profitable alternatives.

The market for crypto is expansive and has uncapped growth potential but mining for it has negative effects on our planet, which is why we need more sustainable options!

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