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SINGAPORE, Aug. 08, 2022 (GLOBE NEWSWIRE) — SAI.TECH GLOBAL CORPORATION (“SAI.TECH” or “SAI” or the “Company”, NASDAQ: SAI ), a global energy-efficient Bitcoin mining operator and pure Bitcoin mining, heating And the technology company that integrates the power industries announced this month that it will begin operating its first computer power and heating project, SAI NODE OHIO, at its new North American distribution center in Chesterland, Ohio.
SAI NODE OHIO is located in the US state of Ohio and is a hub for traditional data center companies and operations with abundant clean energy sources in North America. In addition, it is located close to Canada, which is the main country of the fastest growing Bitcoin mining industry in the global hash rate market. Starting this month, the new distribution center will begin stocking parts and mines to support and accelerate SAI.TECH’s expansion plans in North America. Apart from distribution warehouse, SAI.TECH plans to use this facility for SAIHUB final assembly and distribution, service headquarters, technical training operations, parts remanufacturing, collision repair etc.
Notably, this 30,000-square-foot facility has built the first live SAIHUB demonstration project in the United States, fully demonstrating SAIHUB’s advanced capabilities and application scenarios. Two SAIHUB-025M cabinets have been installed in this facility to provide hot water heating services to the entire facility by connecting to both fan units and fine radiators. The facility also built vertical farm black box and fish farm ponds that are heated by hot water from SAIHUB cabinets, representing a variety of common heating applications where SAIHUB can be easily installed and heated. , including agricultural greenhouses, aquatic facilities and major building types (residential / commercial / warehouse).
“We are thrilled to bring live heating demonstration and efficient operations to United States soil and are proud to be in the state of Ohio,” said Arthur Lee, Sci.Tech Founder and CEO. – Workforce: While we will continue to grow our existing facilities in Ohio as well as our business in North America, SAI NODE OHIO will provide us with great strategic leverage to ensure our product’s superior technique and functionality with a professional and efficient team. To support our continued growth for years and years to come.”
About SAIHUB
SAIHUB is an innovative integrated cabinet product of SAI.TECH, providing constant hot water recycled from mineral chips to other heating supply conditions.
SAIHUB has patented liquid cooling technology that replaces hundreds of fans with circulation pumps to reduce chip cooling power consumption and improve cooling reliability. It integrates manifold collectors that can simultaneously cool the operating chips and collect the dissipated heat from these chips. Thanks to the company’s patented liquid cooling and waste heat recovery technology, SAIHUB can utilize the large amount of waste heat generated from Bitcoin mining ASIC chips with a thermal efficiency of 90% as recycled energy, with a constant 60-70°C hot water flow. For large heating customers.
Each SAIHUB cabin can accommodate 72 miners and heat 2,000-3,000 square meters or 20,000-30,000 square feet. SAIHUB is highly portable and transportable, easily connected to a variety of existing hot water heating systems, and equipped with a full leak proof switch and Industrial PLC cloud real-time monitoring system.
Along with the hardware, SAI.TECH has launched the SAIHUB APP, designed to simultaneously monitor and control Bitcoin mining and mining operations on users’ mobile phones, computers and smart devices. SAIHUB APP is an open source tool that also integrates cold and hot wallet, supports keystone and PSBT multi-signature. With the SAIHUB app, users can manage both their mining operations and crypto assets. Users can search for “SAIHUB” and download the app from the App Store and Google Play.
About SAI.TECH
SAI.TECH is an energy-efficient Bitcoin mining operator and a clean technology company integrating the Bitcoin mining, power and heating industries. SAI.TECH uses proprietary liquid cooling and waste heat recovery technology for its digital asset mining machines, using waste heat to provide recycled power and heating to customers and reduce mining operating costs. SAI.TECH strives to become the world’s most cost-effective digital asset mining operation company while promoting the clean transition of Bitcoin mining, power and heating industries at the same time.
In May 2022, SAI merged with TradeUP Global Corporation (“TradeUP”) and became a publicly traded company on the Nasdaq Stock Market (NASDAQ) under the new ticker symbol “SAI”.
For more information about SAI.TECH please visit https://sai.tech/.
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Investor Relations
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