VKIN - Crypto needs clean Energy

[Image]( With Concern Growing for More Sustainable Ways of Sourcing Energy, One Under the Radar Company is Proving to be a Big Player in the Clean Energy Game! Dedicated to sustainability, U.S. based, Viking Energy Group, Inc. (OTCQB: VKIN) has become an impressive energy company to keep your eyes on. Based in Houston, Texas, Viking Energy Group, Inc. (OTCQB: VKIN) is a growth-oriented energy company. Through a majority-owned subsidiary, the company provides custom energy solutions to commercial and industrial clients in North America. The company also holds an exclusive license in Canada to a patented carbon-capture system. For more information, please visit the company's website at [www.vikingenergygroup.com](. Viking Energy Group, Inc. (OTCQB: VKIN) knows that mining for cryptocurrency has a negative impact on our planet and the need for more sustainable options is at an all-time high! 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 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 is also much more profitable! This is just ONE reason to have VKIN on your radar! 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. The company also holds an exclusive license in Canada to a patented carbon-capture system. 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. LINK TO STOCK CHART [Recently announced]( earlier this month, VKIN has also entered a purchase agreement to acquire a renewable diesel (or green diesel) facility in Reno, NV. There is a positive outlook for the biomass-based diesel sector, especially for renewable diesel! Replacing fossil fuels with biofuels—fuels produced from renewable organic material—has the potential to reduce some undesirable aspects of fossil fuel production and use, including conventional and greenhouse gas (GHG) pollutant emissions, exhaustible resource depletion, and dependence on unstable foreign suppliers. U.S. renewable diesel capacity could [increase due to announced and developing projects.]( 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. MORE REASONS TO HAVE VKIN ON YOUR RADAR: 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! Which means, we need a more sustainable way of mining cryptocurrency. U.S. production capacity for renewable diesel is forecasted to [increase significantly]( 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. Viking Energy Group is proving itself to be an exciting company to pay attention to, having revenues of more than [$40 million in 2020!]( VKIN announced the 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. Simson-Maxwell integrates innovative technology with superior products to contribute to global energy sustainability. One of their main focuses is sustainable mining for crypto-currency. 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. Another important topic is cryptocurrency; a form of currency that exists digitally only and has no central issuing or regulating authority. And although it is highly profitable, mining for it has negative impacts on the health of our planet. VKIN’s intent is to pursue these opportunities while recognizing the immediate dependence on current, unsustainable energy sources as well as the need to explore the sustainable and profitable alternatives. 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. Viking is leveraging 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 natural resources. Simson-Maxwell, Ltd. 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 is able to assist with just that! Recent Milestones: Viking Energy Group, Inc.[recently announced]( the signing of 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. The Market According to a 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. The growth potential is sky-high as the concern for the future of our planet grows and more and more companies begin to adopt sustainable practices. The Cryptocurrency market is fast-growing 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.]( This is projected to continue to grow at a speedy rate as interest in crypto continues to grow. MANAGEMENT James A. Doris Chief Executive Officer, President and Director Mr. Doris has been an officer and director of the Company since 2014 and has been an integral part of transitioning the Company’s focus to energy while establishing an appropriate platform to facilitate growth. He has over 25 years of experience negotiating national and international business transactions, including mergers, acquisitions, joint ventures, and distribution arrangements across a variety of industry sectors. Formerly a lawyer in Canada, Mr. Doris represented domestic and foreign clients regarding their investment activities in Canada for over 15 years. Prior to starting his own law firm, Mr. Doris served as Executive Vice President and In-House Counsel for a real estate investment and development company in Toronto, Canada, as well as working at one of Canada's leading business law firms. Mr. Doris graduated cum laude from the University of Ottawa in 2001 and was called to the Bar of Ontario in 2002. Frank Barker, Jr Chief Financial Officer Mr. Barker, a Certified Public Accountant licensed to practice in the State of Florida, has vast experience providing strategic, managerial, operational, financial, accounting and tax-related services in various capacities to both Public and Private entities. These services include Compliance Reporting with the Securities and Exchange Commission, the planning, preparation and oversight of annual audit functions, presentation of financial data to Public Company Boards, financial forecasting and cash flow management, litigation support and forensic analysis, mergers and acquisitions and reverse mergers. THE BOTTOM LINE 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!]( 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. 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! These markets are constantly on the rise as the concern for our planet grows! The upward trajectory of VKIN is looking SKY HIGH! BEGIN YOUR RESEARCH TODAY! © 2021 PTE.la PTE, LLC (publisher of PTE.la) is NOT registered as an investment adviser nor a broker/dealer with either the U. S. Securities & Exchange Commission or any state securities regulatory authority. 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