CryptoStar Corp. Signs Crypto Climate Accord

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TORONTO, July 28, 2021 /CNW/ – CryptoStar Corp. (TSXV: CSTR) (“CryptoStar” or the “Company“), a cryptocurrency mining and data centre operator, is pleased to announce that it has joined the Crypto Climate Accord as a Signatory and Supporter.

The Crypto Climate Accord (CCA) is a private sector-led initiative for the entire crypto and blockchain community focused on decarbonizing the cryptocurrency industry. The CCA provides a platform for any organization that wants to inform, develop, test, and implement new solutions that accelerate crypto’s transition to renewable energy.

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By becoming a Signatory and Supporter of the CCA, CryptoStar is making a public commitment to achieve net-zero emissions from electricity consumption associated with all of its crypto-related operations by 2030 and to report progress toward this net-zero emissions target using best industry practices.

David Jellins, President and Chief Executive Officer of CryptoStar stated, “We recognize the need for cryptocurrency mining and hosting organizations to accelerate the adoption of renewable power solutions to lower emissions and progress toward the net-zero emissions from electricity consumption. We are excited to be involved in this initiative.”

About CryptoStar Corp.:

CryptoStar has cryptocurrency mining operations with data centres located in the U.S.A. and Canada. CryptoStar is currently dedicated to becoming one of the lowest cost cryptocurrency producers in North America and a major supplier of GPU and ASIC miners worldwide.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this press release.

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