US Largest Hemp Processor Enters Bitcoin Mining – Bitcoin Magazine

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  • January 24, 2023

Generation Hemp Inc., the largest mid-stream hemp processing entity in the U.S., has renamed itself Evergreen Sustainable Enterprises, Inc., citing a new directional focus on sustainable energy projects, with their first project involving a bitcoin mining operation in Costa Rica. 

According to a press release, through its subsidiary, Cryptorica, LLC, the company has purchased 80% of Toro Energía Sociedad Anonima (“Toro”), a Costa Rican corporation with ownership of a hydroelectric dam in the country that will be used to power new bitcoin mining machines. Hydroelectric power is a clean and renewable energy source that is more reliable and cost-effective than other sources, and will help reduce the carbon footprint of the mining operation. Brothers Eduardo Kopper and Roberto Kopper, who are the current owners, will retain the other 20% ownership and will continue to host the bitcoin mining operation.

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