SAI.TECH Announces Major North American Distribution Center in Ohio
August 08 2022 - 8:00AM
SAI.TECH Global Corporation ("SAI.TECH" OR "SAI" or the "Company",
NASDAQ: SAI), a global energy-saving Bitcoin mining operator and a
clean-tech company that integrates Bitcoin mining, heating, and
power industries announced that it will begin operations of its
first computing power and heating project SAI NODE OHIO this month
at its new North American Distribution Center in Chesterland, Ohio,
US.
As named SAI NODE OHIO, this facility is centrally
located in state of Ohio in US, a hub of traditional data center
companies and operations in North America with rich clean power
sources. In addition, it is located close to Canada, which is also
a major country of fast growing Bitcoin mining industry in the
global hash rate market. Starting from this month, the new
distribution center will begin stocking parts and miners to support
and accelerate SAI.TECH's expansion plan in North American. In
addition to parts warehousing, SAI.TECH plans to utilize this
facility for final SAIHUB assembly and distribution, service
headquarters, technical training operations, parts remanufacturing,
collision repair etc.
In particular, this 30,000 square foot facility
also built the first live SAIHUB demo project in United States,
which can fully demonstrate the superiority and application
scenarios of SAIHUB. There are already two SAIHUB-025M cabinets
installed in this facility to provide hot water heating services
for the entire facility through connecting to both fan-coil units
and fin radiators. At the facility, it also constructed vertical
agricultural black box and fish farming pond pools which will be
heated by the hot water generated from SAIHUB cabinets,
representing a variety of common heat application scenarios that
the SAIHUB can easily plug-in and provide heating services to,
including agriculture greenhouses, aquaculture facilities, and
major types of buildings (residential/commercial/warehouse).
"We are thrilled to bring a live heating demo and
an efficient operation facility to United States soil and proud
that it will be in the state of Ohio," said SAI.TECH's founder and
CEO Arthur Lee, "I want to specially thank our hard-working team.
While we will continue to develop our existing facilities in Ohio
as well as our business in North America, SAI NODE OHIO gives us a
massive strategic lever to make sure we have advanced technique and
practicality in our product with professional and efficient team,
to support our continued growth for years and years to come."
About SAIHUB
SAIHUB is SAI.TECH's innovative integrated cabinet
product which can help lower Bitcoin mining cost by providing
steady hot water recycled from mining chips to other heating supply
scenarios.
SAIHUB is equipped with patented liquid cooling
technology which replaces hundreds of fans with circulation pumps
in most traditional air-cooled miners to reduce chip cooling's
energy consumption and improve cooling reliability. It integrates
manifold collectors that can simultaneously cool the operating
chips and recover dissipated heat from these chips. Thanks to the
Company's patented liquid cooling and waste heat recovery
technology, SAIHUB can utilize the great amount of undervalued
waste heat generated from Bitcoin mining ASIC chips at 90% thermal
efficiency to provide recycled energy in form of steady 60-70°C hot
water outflow to a large scope of heating customers.
Each SAIHUB cabinet can accommodate 72 mining rigs
and provide heat for a room space of 2,000-3,000 square meters or
20,000-30,000 square feet. SAIHUB is designed to be highly portable
and transportable, easily connected to various existing hot water
heating systems, and equipped with a full leakage protection switch
and industrial PLC cloud real-time monitoring system.
Along with the hardware, SAI.TECH also launched
SAIHUB APP which is designed to easily monitor and manage Bitcoin
mining and heating operation simultaneously on users' mobile
phones, computers and smart devices. The SAIHUB APP open-sourced
tool also integrates cold and hot wallet, supports keystone and
PSBT multi-signature. With the SAIHUB APP, users can manage both of
their mining operations and crypto assets. Users can search
"SAIHUB" and download the APP from App Store and Google Play.
About SAI.TECH
SAI.TECH is an energy-saving Bitcoin mining
operator and a clean-tech company that integrates the Bitcoin
mining, power, and heating industries. SAI.TECH uses proprietary
liquid cooling and waste heat recovery technology for its digital
asset mining machines, utilizing waste heat to provide recycled
energy and heating to potential customers while lowering mining
operating costs. SAI.TECH strives to become the most cost-efficient
digital asset mining operations company globally while
simultaneously promoting the clean transition of the Bitcoin
mining, power, and heating industries.
In May 2022, SAI became a publicly trading company
under the new ticker symbol “SAI” on the Nasdaq Stock Market
(NASDAQ) through a merger with TradeUP Global Corporation
("TradeUP").
For more information on SAI.TECH, please visit
https://sai.tech/.
Media Contact
pr@sai.tech
Investor Relations Contact
ir@sai.tech
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