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Backbone Damage Options, a backbone injury-related medical service and know-how (MedTech) firm, has modified its identify to Bitech Applied sciences Company.
This comes just a few weeks after the MedTech firm accomplished its acquisition of Bitech Mining Company, a revolutionary renewable vitality know-how resolution supplier for the cryptocurrency mining business.
The change of identify is a part of the corporate’s deliberate enlargement of its enterprise to deal with the introduction of its Tesdison know-how, a patented self-charging know-how to supply a inexperienced vitality resolution to the cryptocurrency mining sector.
Backbone stated the brand new identify was accredited by its Board of Administrators final Thursday, including that it plans to file a discover relating to the change and a request for a logo change with the Monetary Trade Regulatory Authority.
It famous that Tesdison was validated by Nationwide Technical Techniques, a worldwide supplier of testing, inspection and certification companies, in September 2019.
The Tesdison Know-how
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 predicted to end in a power-savings resolution with as much as a 99% vitality effectivity to interchange pricey utility 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 vitality suppliers, envisioning the technological influence of the present market panorama at present. The Tesdison know-how has worldwide protections in lots of nations of the world together with the U.S., Canada, European Union, Japan, South Korea, China, Australia and all Affiliation of Southeast Asian Nations (ASEAN) nations besides Brunei and Myanmar,” it added.
Enhancing Energy Era in Crypto Mining
Explaining the options of Tesdison, Backbone stated the tech product can generate as much as twice an unique vitality output, can perform off-grid with no utility connection, has no discharge restrict because the renewable vitality is constantly delivered, and gives a relentless uninterrupted provide of electrical energy on daily basis at any desired voltage.
The corporate added that the brand new product presents a number of advantages reminiscent of 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 present battery storage services no matter the kind of batteries getting used,” Backbone stated.
It added: “Whereas we anticipate new income to be created with a restricted enhance in overhead prices for infrastructure improvement, we additionally anticipate to quickly deploy our battery energy know-how to the grid when wanted which is predicted to end in extra energy being generated utilizing much less assets.”
Backbone additionally “plans to take a strategic enlargement strategy by collaborating with main cryptocurrency miners to speed up income technology, aiming to rapidly get hold of a large market share the place there’s a win-win income sharing mannequin which might be substantial to the corporate in the long term.”
Backbone Damage Options, a backbone injury-related medical service and know-how (MedTech) firm, has modified its identify to Bitech Applied sciences Company.
This comes just a few weeks after the MedTech firm accomplished its acquisition of Bitech Mining Company, a revolutionary renewable vitality know-how resolution supplier for the cryptocurrency mining business.
The change of identify is a part of the corporate’s deliberate enlargement of its enterprise to deal with the introduction of its Tesdison know-how, a patented self-charging know-how to supply a inexperienced vitality resolution to the cryptocurrency mining sector.
Backbone stated the brand new identify was accredited by its Board of Administrators final Thursday, including that it plans to file a discover relating to the change and a request for a logo change with the Monetary Trade Regulatory Authority.
It famous that Tesdison was validated by Nationwide Technical Techniques, a worldwide supplier of testing, inspection and certification companies, in September 2019.
The Tesdison Know-how
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 predicted to end in a power-savings resolution with as much as a 99% vitality effectivity to interchange pricey utility 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 vitality suppliers, envisioning the technological influence of the present market panorama at present. The Tesdison know-how has worldwide protections in lots of nations of the world together with the U.S., Canada, European Union, Japan, South Korea, China, Australia and all Affiliation of Southeast Asian Nations (ASEAN) nations besides Brunei and Myanmar,” it added.
Enhancing Energy Era in Crypto Mining
Explaining the options of Tesdison, Backbone stated the tech product can generate as much as twice an unique vitality output, can perform off-grid with no utility connection, has no discharge restrict because the renewable vitality is constantly delivered, and gives a relentless uninterrupted provide of electrical energy on daily basis at any desired voltage.
The corporate added that the brand new product presents a number of advantages reminiscent of 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 present battery storage services no matter the kind of batteries getting used,” Backbone stated.
It added: “Whereas we anticipate new income to be created with a restricted enhance in overhead prices for infrastructure improvement, we additionally anticipate to quickly deploy our battery energy know-how to the grid when wanted which is predicted to end in extra energy being generated utilizing much less assets.”
Backbone additionally “plans to take a strategic enlargement strategy by collaborating with main cryptocurrency miners to speed up income technology, aiming to rapidly get hold of a large market share the place there’s a win-win income sharing mannequin which might be substantial to the corporate in the long term.”
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