The MoonLite Project initiative would primarily deal in cryptocurrencies like Bitcoin, Bitcoin Cash, and Litecoin.
The company plans to launch data centres in politically-stable countries where it can get clean and low-cost electricity on a contractual basis.
Also, MoonLite Project’s first data center would be established in Iceland and the average tariff for an industrial connection would be around $0.045 each KWh.
The MoonLite Project will operate several industrial scale data centers in the Crypto-Currency Mining industry, and plans to begin by mining predominantly Bitcoin, DASH, Litecoin, and Ethereum using 100% sustainable, green energy.
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Launching in August 2018, MoonLite uses tools like automation and artificial intelligence to customise 'smart-mining'.