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 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 business.
The change of identify is a part of the corporate’s deliberate growth of its enterprise to concentrate on the introduction of its Tesdison know-how, a patented self-charging know-how to supply a inexperienced power resolution to the cryptocurrency mining sector.
Backbone mentioned 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 a logo change with the Monetary Business Regulatory Authority.
It famous that Tesdison was validated by Nationwide Technical Methods, a worldwide supplier of testing, inspection and certification providers, in September 2019.
The Tesdison Expertise
Backbone mentioned Tesdison, a high-efficiency electrical energy era and charging system, is a US-patented know-how named by combining ‘Tesla’ and ‘Edison’.
“This method is anticipated to end in a power-savings resolution with as much as a 99% power effectivity to exchange pricey utility particular built-in circuits (ASICs) used to mine cryptocurrencies and considerably scale back exorbitant electrical energy payments,” Backbone mentioned in a press release.
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 immediately. 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.
Bettering Energy Technology in Crypto Mining
Explaining the options of Tesdison, Backbone mentioned the tech product can generate as much as twice an unique power output, can perform off-grid and not using 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 value 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 mentioned.
It added: “Whereas we anticipate new income to be created with a restricted enhance 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 assets.”
Backbone additionally “plans to take a strategic growth method by collaborating with main cryptocurrency miners to speed up income era, aiming to shortly receive a large market share the place there’s a win-win income sharing mannequin which could possibly 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 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 business.
The change of identify is a part of the corporate’s deliberate growth of its enterprise to concentrate on the introduction of its Tesdison know-how, a patented self-charging know-how to supply a inexperienced power resolution to the cryptocurrency mining sector.
Backbone mentioned 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 a logo change with the Monetary Business Regulatory Authority.
It famous that Tesdison was validated by Nationwide Technical Methods, a worldwide supplier of testing, inspection and certification providers, in September 2019.
The Tesdison Expertise
Backbone mentioned Tesdison, a high-efficiency electrical energy era and charging system, is a US-patented know-how named by combining ‘Tesla’ and ‘Edison’.
“This method is anticipated to end in a power-savings resolution with as much as a 99% power effectivity to exchange pricey utility particular built-in circuits (ASICs) used to mine cryptocurrencies and considerably scale back exorbitant electrical energy payments,” Backbone mentioned in a press release.
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 immediately. 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.
Bettering Energy Technology in Crypto Mining
Explaining the options of Tesdison, Backbone mentioned the tech product can generate as much as twice an unique power output, can perform off-grid and not using 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 value 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 mentioned.
It added: “Whereas we anticipate new income to be created with a restricted enhance 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 assets.”
Backbone additionally “plans to take a strategic growth method by collaborating with main cryptocurrency miners to speed up income era, aiming to shortly receive a large market share the place there’s a win-win income sharing mannequin which could possibly be substantial to the corporate in the long term.”
