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Backbone Harm Options, a backbone injury-related medical service and know-how (MedTech) firm, has modified its identify to Bitech Applied sciences Company.
This comes a couple of weeks after the MedTech firm accomplished its acquisition of Bitech Mining Company, a revolutionary renewable power know-how resolution supplier for the cryptocurrency mining trade.
The change of identify is a part of the corporate’s deliberate growth of its enterprise to deal with the introduction of its Tesdison know-how, a patented self-charging know-how to offer a inexperienced power resolution to the cryptocurrency mining sector.
Backbone stated the brand new identify was accepted by its Board of Administrators final Thursday, including that it plans to file a discover relating to the change and a request for an emblem change with the Monetary Trade Regulatory Authority.
It famous that Tesdison was validated by Nationwide Technical Methods, a world supplier of testing, inspection and certification companies, in September 2019.
The Tesdison Expertise
Backbone stated Tesdison, a high-efficiency electrical energy technology and charging system, is a US-patented know-how named by combining ‘Tesla’ and ‘Edison’.
“This technique is anticipated to end in a power-savings resolution with as much as a 99% power effectivity to exchange expensive software particular built-in circuits (ASICs) used to mine cryptocurrencies and considerably cut back exorbitant electrical energy payments,” Backbone stated in an announcement.
Moreover, the MedTech agency defined that its long-term imaginative and prescient is to globalize the commercialization of Tesdison within the cryptocurrency mining sector as its core enterprise mannequin.
“We additionally plan to hunt know-how partnerships with power suppliers, envisioning the technological affect of the present market panorama in the present day. The Tesdison know-how has worldwide protections in lots of international locations of the world together with the U.S., Canada, European Union, Japan, South Korea, China, Australia and all Affiliation of Southeast Asian Nations (ASEAN) international locations besides Brunei and Myanmar,” it added.
Enhancing Energy Technology in Crypto Mining
Explaining the options of Tesdison, Backbone stated the tech product can generate as much as twice an authentic power output, can perform off-grid with out a utility connection, has no discharge restrict because the renewable power is constantly delivered, and gives a relentless uninterrupted provide of electrical energy day-after-day at any desired voltage.
The corporate added that the brand new product presents a number of advantages akin to low upkeep price with much less mechanical put on and tear, no gasoline or provide points, and no harmful by-products and waste, amongst others.
“We’re planning to deploy the Tesdison know-how to current battery storage amenities no matter the kind of batteries getting used,” Backbone stated.
It added: “Whereas we anticipate new income to be created with a restricted improve in overhead prices for infrastructure growth, we additionally anticipate to quickly deploy our battery energy know-how to the grid when wanted which is anticipated to end in extra energy being generated utilizing much less sources.”
Backbone additionally “plans to take a strategic growth strategy by collaborating with main cryptocurrency miners to speed up income technology, aiming to shortly get hold of a large market share the place there’s a win-win income sharing mannequin which may very well be substantial to the corporate in the long term.”
Backbone Harm Options, a backbone injury-related medical service and know-how (MedTech) firm, has modified its identify to Bitech Applied sciences Company.
This comes a couple of weeks after the MedTech firm accomplished its acquisition of Bitech Mining Company, a revolutionary renewable power know-how resolution supplier for the cryptocurrency mining trade.
The change of identify is a part of the corporate’s deliberate growth of its enterprise to deal with the introduction of its Tesdison know-how, a patented self-charging know-how to offer a inexperienced power resolution to the cryptocurrency mining sector.
Backbone stated the brand new identify was accepted by its Board of Administrators final Thursday, including that it plans to file a discover relating to the change and a request for an emblem change with the Monetary Trade Regulatory Authority.
It famous that Tesdison was validated by Nationwide Technical Methods, a world supplier of testing, inspection and certification companies, in September 2019.
The Tesdison Expertise
Backbone stated Tesdison, a high-efficiency electrical energy technology and charging system, is a US-patented know-how named by combining ‘Tesla’ and ‘Edison’.
“This technique is anticipated to end in a power-savings resolution with as much as a 99% power effectivity to exchange expensive software particular built-in circuits (ASICs) used to mine cryptocurrencies and considerably cut back exorbitant electrical energy payments,” Backbone stated in an announcement.
Moreover, the MedTech agency defined that its long-term imaginative and prescient is to globalize the commercialization of Tesdison within the cryptocurrency mining sector as its core enterprise mannequin.
“We additionally plan to hunt know-how partnerships with power suppliers, envisioning the technological affect of the present market panorama in the present day. The Tesdison know-how has worldwide protections in lots of international locations of the world together with the U.S., Canada, European Union, Japan, South Korea, China, Australia and all Affiliation of Southeast Asian Nations (ASEAN) international locations besides Brunei and Myanmar,” it added.
Enhancing Energy Technology in Crypto Mining
Explaining the options of Tesdison, Backbone stated the tech product can generate as much as twice an authentic power output, can perform off-grid with out a utility connection, has no discharge restrict because the renewable power is constantly delivered, and gives a relentless uninterrupted provide of electrical energy day-after-day at any desired voltage.
The corporate added that the brand new product presents a number of advantages akin to low upkeep price with much less mechanical put on and tear, no gasoline or provide points, and no harmful by-products and waste, amongst others.
“We’re planning to deploy the Tesdison know-how to current battery storage amenities no matter the kind of batteries getting used,” Backbone stated.
It added: “Whereas we anticipate new income to be created with a restricted improve in overhead prices for infrastructure growth, we additionally anticipate to quickly deploy our battery energy know-how to the grid when wanted which is anticipated to end in extra energy being generated utilizing much less sources.”
Backbone additionally “plans to take a strategic growth strategy by collaborating with main cryptocurrency miners to speed up income technology, aiming to shortly get hold of a large market share the place there’s a win-win income sharing mannequin which may very well be substantial to the corporate in the long term.”
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