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Blockchain Technology Drastically Improves Data Center Operations for More Efficient Crypto MiningPALM BEACH, Florida, August 7, 2018 /PRNewswire/ -- MarketNewsUpdates.com News Commentary As blockchain technology continues to transform a growing number of industries, the cost-effective data processing is allowing data center developers to run more efficiently including increasing power use capabilities. Operations have exploded overseas including in China, but now the United States has an amazing opportunity to step up and start taking part in creating mega facilities, or data centers with high computational power for mining that supports the transactions on the blockchain, hopefully diluting China's position in the blockchain market and giving the U.S. a bigger piece. Crypto mining is the necessary computational process of approving cryptocurrency transactions to ensure the integrity of the network since there is no centralized authority overseeing the blockchain ledger network. The rise of blockchain technology, especially for use in crypto mining, means data centers and cloud management services have to adjust to the changing realities on the ground conducive to offering sustainable infrastructures for power. Active tech companies in the markets this week include Mining Power Group, Inc. (OTC: RCGR), Global Blockchain Technologies Corp (OTC: BLKCF) (CSE: BLOC), Pareteum Corp (NYSE: TEUM), MGT Capital Investments Inc. (OTC: MGTI), Big Blockchain Intelligence Group Inc. (OTC: BBKCF) (CSE: BIGG). Other recent developments in the tech industry include: Global Blockchain Technologies Corp (OTCPK: BLKCF) (CSE: BLOC.CN) recently announced an update on its exchange-related activities, which include interests in multiple cryptocurrency exchanges, as well as pending deals for the development of additional new exchanges. President and CEO Shidan Gouran stated "Our interests in this category form part of an additional and potentially stand-alone, critical mass business line for the company. As the assets continue to grow and mature, we believe the Company has put into place the right corporate structure to provide for a potential spinout of the Division in the future." Pareteum Corp (NYSE: TEUM) recently announced that its current 36-Month Contractual Revenue Backlog (36MCRB) has grown to an astonishing $301 Million. Pareteum has added $46 Million to its 36MCRB with ten (10) new customer agreements the last 36 days. Achieving this tremendous milestone represents a 393% increase from a year earlier, when in July 2017, our 36MCRB was $61 million. Hal Turner, Executive Chairman and Principal Executive Officer of Pareteum stated, "Our customers are telling us that 'telecom needs to change'. We have been listening. We are 'software', and, that is what has changed, and will even more disruptively continue to change how we receive content and communicate. Pareteum, and, its Global Software Defined Cloud, have made dramatic leaps forward in fulfilling our vision of software-driven open mobility and applications that make our customers happy. MGT Capital Investments Inc. (OTCQB: MGTI) Stephen Schaeffer, Chief Operating Officer of the Company recently hosted a "fireside chat" at the Crypto Mining Forum in Miami fielding questions on multiple topics related to the bitcoin mining ecosphere. Sponsored by Bitmain Technologies Inc., the Crypto Mining Forum was an invitation-only gathering of the top bitcoin mining industry participants in the crypto mining industry from the Americas. Operating in facilities in northern Sweden and Washington State, MGT Capital Investments, Inc. (MGTI) ranks as one of the largest U.S. based Bitcoin miners. MGT owns and operates approximately 6,800 Bitmain S9 miners, and 50 GPU-based Ethereum mining rigs. Further, the Company continues to execute on an expansion model to secure low cost power and grow its crypto assets materially. Big Blockchain Intelligence Group Inc. (OTCPK: BBKCF) (CSE: BIGG.CN) recently announced it has signed Client, Reseller and Referral Partner agreements with global data verification specialist, Data Zoo, related to BIG's crypto wallet risk-scoring service BitRank VerifiedTM, blockchain forensic investigation platform QLUETM, and custom Forensic Services Division. Under the Client Agreement and Reseller Agreement, BIG will be paid a fee for API queries on crypto wallets that utilize BIG's BitRank VerifiedTM service. DISCLAIMER: MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. 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Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed MNU has been compensated forty nine hundred dollars for news coverage of the current press releases issued by Mining Power Group Inc. by a non-affiliated third party. MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". 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