SINGAPORE, Sept. 28, 2022 (GLOBE NEWSWIRE) — SAI.TECH Global Corporation (“SAI.TECH”, “SAI” or the “Company”, NASDAQ: SAI ), a global energy-saving bitcoin mining operator and a clean technology company that integrates bitcoin mining, heating and power industry, today announced the addition of two new products – TANKBOX and RACKBOX, to its SAIHUB BOX product line. Separately designed with immersion cooling and plate cooling technologies, the TANKBOX and RACKBOX are adapted to all outdoor installation environments and compatible with all models of miners on the market.
SAIHUB is industry-leading Bitcoin mining solution that integrates SAI.TECH’s advanced liquid cooling and waste heat recovery technologies, including CAB, BOX, APP and PCB four core products. CAB and BOX are SAI.TECH’s hardware product line designed with its unique and patented liquid cooling and ASIC chip waste heat recovery technologies that can reduce energy costs and improve the energy efficiency of Bitcoin mining. The company adds two new hardware products – TANKBOX and RACKBOX in addition to the existing product SAIHUB CAB.
SAIHUB CAB
SAIHUB CAB is SAIHUB’s first generation indoor cabinet product. It is equipped with advanced cold plate liquid cooling technology and waste heat recovery technology that can achieve 90% thermal efficiency recycled from ASIC chips. Each SAIHUB-CAB is capable of accommodating a maximum of 72 Whatsminers air-cooled mining rigs for a total hash rate of around 5PH/s and provides ~60°C hot water. Recently, SAIHUB-CAB has been awarded UL Listing Certification.
TANK CASE
TANKBOX is compatible with all makes and all brands of air-cooled mining machines on the market because it uses advanced immersion cooling technology. Depending on the miner type, the TANKBOX can accommodate 72-144 units of miners and provide a total hash rate of 12-20PH/s, even without the overlock setting. TANKBOX is also equipped with a heat recovery system and can provide ~50°C hot water outlet. TANKBOX is expected to be officially launched on the market by the end of 2022.
RACK BOX
The RACKBOX can accommodate 90 units of Whatsminer’s latest liquid cooling miners including M33S+, M33S++, M53 etc. and provides a total hash rate of 18-20PH/s as an integrated solution. With overlock, RACKBOX can achieve 24-26PH/s per container. With liquid-cooling miners’ flexible overclocking and underclocking options, RACKBOX helps miners achieve increased profits throughout the Bitcoin cycle by reducing blackout risk in bear markets and gaining extra returns in bull markets. RACKBOX is also able to recover waste heat and can provide ~60°C hot water. RACKBOX is expected to be launched in the first quarter of 2023.
Both RACKBOX and TANKBOX are prefabricated at the factory and designed in the form of a “BOX” (20ft container). By integrating all the components, including cabinets, power, control, water circulation and other systems, they can be deployed quickly on site with less installation costs and better quality control. It is also ideal for using idle energy as flare gas because it is highly mobile and recyclable. In practice, users can build a mining site of any scale on empty land with RACKBOX or TANKBOX, and start operations by simply connecting power, Internet connection and water intake.
“TANKBOX and RACKBOX are compatible with all air-cooled and liquid-cooled miners on the market with our unique waste heat recovery capability. Announcing the launch of these two new products further demonstrates our deep and industry-leading knowledge in liquid cooling and waste heat recovery, brings exciting news to Bitcoin mining industry and effectively enable the sustainable future of Bitcoin mining infrastructure,” said SAI.TECH Founder and CEO Arthur Lee. “We look forward to seeing more industry players use SAIHUB products in their data centers, heating systems and idle energy sources. SAI is definitely leading this effort.”
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 mining machines, using waste heat to provide recycled energy and heating to potential customers while reducing mining operating costs. SAI.TECH strives to become the most cost-effective digital asset mining company globally, while promoting the clean transition of the bitcoin mining, power and heating industries.
In May 2022, SAI became a publicly traded company under the new ticker symbol “SAI” on the Nasdaq Stock Market (NASDAQ) through a merger with TradeUP Global Corporation (“TradeUP”).
For more information about SAI.TECH, please visit https://sai.tech/.
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