MIAMI BEACH, Fla.–(BUSINESS WIRE)–Edge Data Solutions Inc. (OTC: EDGS), a provider of advanced data center, crypto mining and cloud infrastructure, joins with its partner Raptor Power Systems to introduce the new EDGE “Crypto Arctic Tank 194”, a first-of- a 194kw sustainable solution for submersible mining, at the 2022 Mining Disrupt Conference in Miami Beach. The Crypto Arctic Tank 194 gives users up to 50% more hash capacity with the highest density power distribution unit and the highest efficiency fluid on the market, the EDGE FLUID VHP 1200. Raptor has chosen EDGE as its exclusive immersion partner for crypto mining and enterprise data center solutions.
Demos of EDGE’s Crypto Arctic Tank will be given at 14.00 at the exhibition stand No. 56 at the conference, which takes place at the Miami Airport Convention Center, 711 NW 72nd Ave, Miami, Fla., 33126.
In addition, at the event, EDGE President and Co-Founder Daniel Wong gave a keynote presentation yesterday, entitled: “Immersion Cooling: The Future of Sustainable Mining.” Following this, at 4:15 p.m. Thursday, Wong will participate in a panel discussion titled “High on Hash.”
EDGE’s Crypto Arctic Tank is a first-of-a-kind turnkey solution to a sustainable mining problem. It helps future-proof crypto operations by giving miners the scalable, sustainable system they need to accommodate future business growth. Its versatility to operate in a full range of environments and to integrate seamlessly with existing equipment enables operators to deploy this technology anywhere in the world, from container units to industrial buildings.
“EDGE is proud to fulfill its mission as cleantech leaders,” said Delray Wannemacher, Edge CEO and co-founder. “EDGE’s Crypto Arctic Tank is the industry’s first efficient liquid immersion solution, future-proofing crypto operations by enabling miners to minimize energy consumption and operational costs while maximizing profitability. We are proud that EDGE’s multidisciplinary team, together with the partners at Raptor Power Systems, bring together the best minds from all generations to provide the industry with the highest level of corporate standards.”
Added EDGE President Wong: “The disruption of the financial sector with blockchain technology continues to push the envelope of data cooling technology to optimize hash capacity without sacrificing machine lifetime. EDGE’s first-of-a-kind solutions provide the best overclocking performance without hash rate spikes, while providing the blockchain community a unique opportunity to lead the world in next-generation cooling technology. EDGE looks forward to continuing to blaze new trails for the industry in sustainable mining and cleantech.”
A little background on the issues: In today’s energy crisis, cryptomining is frowned upon for its high energy consumption and its negative impact on the global carbon footprint. “Air-cooled” Bitcoin mining is the basic, traditional method of managing the heating and cooling of mining rigs with fans and air. On the other hand, “immersion-cooled” Bitcoin mining more efficiently uses circulation pumps and special fluids designed to work with electronics instead of air. It enables miners to reduce energy consumption and operating costs by removing the heat generated by the hashboards used to anonymously send information about crypto transactions.
In particular, the Crypto Arctic Tank is differentiated from other solutions on the market today because it:
-
Provides a 194kw crypto mining solution, almost 50kw more than others available today
-
Enables miners to achieve up to 50% more hashing capacity. “Hashrate” refers to the total combined computational power used to mine and process transactions on blockchains, such as Bitcoin and Ethereum
-
Offers an easy-to-use turnkey solution that runs quietly and seamlessly from any location, wherever it is needed in the world, while integrating with existing equipment
EDGE’s proprietary Edge Performance Platform enables next-generation edge data centers to be deployed from any location, providing the industry’s most advanced immersion cooling technology that improves performance and reduces energy costs and latency. The company is known for its next-generation technology that serves more computing power for a variety of high-performance computing applications, such as cryptomining, public and private cloud providers, data centers, high-performance computing providers, virtual desktop infrastructure providers, telecom, cybersecurity and disaster recovery providers, streaming providers, innovators of artificial intelligence, universities, hospitals, government and blockchain for businesses.
Beyond EDGE’s leadership in crypto mining, the company is also transforming the global technology infrastructure, enabling chip manufacturers and technology companies to develop solutions that rely on high-density computing power.
About EDGE Data Solutions Inc.
EDGE Data Solutions Inc. (OTC: EDGS), Edge is an industry-leading provider of data center, crypto mining and cloud infrastructure. Edge’s proprietary Edge Performance Platform enables next-generation edge data centers to be deployed where they are needed most. The data centers offer sustainable immersion cooling technology that maximizes performance and reduces energy costs and latency. The company stands out for its next-generation technology that earns more computing power for a variety of high-performance computing applications, such as cryptomining, public and private cloud providers, data centers, high-performance computing providers, virtual desktop infrastructure providers, telecom, cybersecurity and disaster recovery providers, streaming providers, innovators of artificial intelligence, universities, hospitals, government and blockchain for businesses.
More information is available at
About Raptor Power Systems
Raptor Power Systems is a manufacturer of power distribution units (PDUs), switch panels, and other critical electrical components for crypto farms, data centers, industrial automation, military applications, and more. Raptor has installed over two million crypto farm and data center outlets in the past four years. Raptor products are designed, manufactured and supported in the USA.
Editor’s notes: Interviews and photos are available upon request. Media demos will be provided at booth #56 during the conference upon request.
Forward-looking statements
This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements relate to future events or our future financial performance and involve known and unknown risks, uncertainties and other factors that could cause our or our industry’s actual results, activity levels, performance or achievements to differ materially from any future results, levels of activity, performance or achievements expressed, implied or inferred by these forward-looking statements, including the risks and uncertainties described in our filings with the US Securities and Exchange Commission, including our most recent reports on Forms 10-K, 10-Q and 8-K , and any changes to this. Therefore, current and prospective security holders are cautioned that there can also be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be considered a representation or warranty by Edge Data Solutions or any other person that the objectives and plans of Edge Data Solutions will be achieved in any any specified time frame, if at all. In some cases, you can identify forward-looking statements by using terminology such as “may”, “will”, “should”, “could”, “would”, “expects”, “plans”, “intends”, “anticipates, “believes,” “estimates,” “predicts,” “projects,” “potential” or “continues” or the negative of such terms and other comparable terminology.These statements are only predictions based on our current expectations and projections of future events. You should not rely on these statements. Actual events or results could differ materially. When evaluating these statements, you should specifically consider various factors. These and other factors could cause our actual results to differ materially from any forward-looking statement. We undertake no obligation to update any of the forward-looking statements after the date of this press release to conform to those statements to reflect the occurrence of unanticipated events, except as required by applicable law .