Home Commercial trading SAI.TECH Announces Major North American Distribution Center

SAI.TECH Announces Major North American Distribution Center

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SINGAPORE, Aug. 08, 2022 (GLOBE NEWSWIRE) — SAI.TECH Global Corporation (“SAI.TECH” OR “SAI” or the “Company”, NASDAQ: SAI), an energy-efficient bitcoin mining operator and -tech that integrates mining, heating and power industries Bitcoin announced that it will launch operations this month for its first computing power and heating project SAI NODE OHIO at its new Northeast distribution center. American in Chesterland, Ohio, United States.

Named SAI NODE OHIO, this facility is located in the center of the State of Ohio in the United States, a hub of business and traditional data center operations in North America with rich sources of clean energy. Also, it is located close to Canada, which is also a major Bitcoin mining country that is rapidly growing in the global hash rate market. Starting this month, the new distribution center will begin stocking parts and miners to support and accelerate SAI.TECH’s expansion plan in North America. In addition to parts warehousing, SAI.TECH plans to use this facility for SAIHUB assembly and final distribution, service headquarters, technical training operations, parts refurbishment, repair of collision, etc.

In particular, this 30,000 square foot facility also built the first live SAIHUB demonstration project in the 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 by connecting to both fan coils and finned radiators. In the installation, it also built vertical pools of agricultural black boxes and fish ponds that will be heated by the hot water generated by the SAIHUB cabinets, representing a variety of common heat application scenarios that the SAIHUB can easily hook up and provide heating services to , including agricultural greenhouses, aquaculture facilities and major building types (residential/commercial/warehouse).

“We are excited to bring a live heating demonstration and efficient operating facility to United States soil and proud that it is in the state of Ohio,” said SAI Founder and CEO. .TECH, Arthur Lee, “I want to especially thank our hard As we continue to grow our existing facilities in Ohio as well as our business in North America, SAI NODE OHIO gives us massive strategic leverage to ensure that we have advanced technique and functionality in our product with a professional and efficient team, to support our continued growth for years and years to come.”

About SAIHUB

SAIHUB is SAI.TECH’s innovative embedded cabinet product that can help reduce Bitcoin mining costs by supplying constant hot water recycled from mining chips to other heating supply scenarios.

SAIHUB is equipped with patented liquid cooling technology that replaces hundreds of fans with circulation pumps in most traditional air-cooled miners to reduce chip cooling power consumption and improve machine reliability. cooling. It incorporates collector collectors which can simultaneously cool the chips in operation and recover the heat dissipated from these chips. Using the company’s patented liquid cooling and waste heat recovery technology, SAIHUB can utilize the large amount of undervalued waste heat generated by Bitcoin mining ASIC chips at 90% thermal efficiency to provide energy. energy recycled in the form of a constant hot water output at 60-70°C. to a wide range of heating customers.

Each SAIHUB cabinet can accommodate 72 mining rigs and provide heat for a 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 comprehensive leakage protection switch and industrial PLC real-time monitoring system.

In addition to hardware, SAI.TECH has also launched the SAIHUB application which is designed to easily monitor and manage Bitcoin mining and heating operations simultaneously on users’ mobile phones, computers and smart devices. The open source tool SAIHUB APP also integrates cold and hot wallet, supports keystone and multi-signature PSBT. With the SAIHUB app, users can manage both their mining operations and their crypto assets. Users can search “SAIHUB” and download the app from App Store and Google Play.

About SAI.TECH

SAI.TECH is an energy-efficient bitcoin mining operator and clean technology company that integrates 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 energy and heating to potential customers while reducing operating costs of mining. SAI.TECH strives to become the world’s most profitable digital asset mining company while simultaneously promoting the clean transition of the Bitcoin mining, power, and heating industries.

In May 2022, SAI became a publicly traded company under the new symbol “SAI” on the Nasdaq Stock Exchange (NASDAQ) through a merger with TradeUP Global Corporation (“TradeUP”).

For more information about SAI.TECH, please visit https://sai.tech/.

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