Bitech Technologies Announces the Introduction of Tesdison, a Patented Self-Charging Technologies to Supply a Green Energy Alternative to Cryptocurrency Mining5 min read
Costa Mesa, CA, May perhaps 02, 2022 (World NEWSWIRE) — Bitech Systems Company (previously, Spine Harm Answers, Inc) [OTCQB: SPIN] (the “Company”), a world-wide technology resolution provider focused to supplying a suite of environmentally friendly electrical power solutions with a aim in cryptocurrency mining and details centers currently announces the improve of its corporate name to Bitech Technologies Corporation. This identify modify is portion of the Company’s prepared enlargement of its enterprise to concentrate on the introduction of Tesdison technological innovation, a patented self-charging technological innovation to supply a inexperienced electrical power answer to the cryptocurrency mining sector.
Tesdison, with its name encouraged by the mixture of Tesla and Edison, is a U.S. patented technologies (U.S. patent no.: 10,547,179 B2). This disruptive technologies is referred to as a Significant Performance Electric powered Electric power Technology and Charging Program. This method is envisioned to final result in a energy-discounts resolution with up to a 99% electrical power efficiency to change high priced software specific integrated circuits (ASICs) applied to mine cryptocurrencies and appreciably decrease exorbitant electricity costs.
The Company’s very long-time period enterprise vision is to globalize the commercialization of this Tesdison technological innovation in the cryptocurrency mining sector as our main small business product. We also approach to request technologies partnerships with vitality providers, envisioning the technological effect of the existing sector landscape nowadays. The Tesdison technology has worldwide protections in numerous countries of the earth which includes the U.S., Canada, European Union, Japan, South Korea, China, Australia, and all ASEAN nations around the world apart from Brunei and Myanmar. This technology is anticipated to provide the adhering to pros:
Producing up to 2 times the original energy output
Off-grid operation without the need of a utility link
No discharge restrict as the renewable strength is constantly shipped
Modular, scalable storage and energy generation
Distributing a constant stream of 120/220/480 VAC output and
Regular, uninterrupted source of electric power 24/7 at any wanted voltage.
We are scheduling to deploy the Tesdison technology to current battery storage facilities irrespective of the form of batteries remaining utilised. When we expect new profits to be made with a limited increase in overhead prices for infrastructure enhancement, we also anticipate to swiftly deploy our battery energy engineering to the grid when wanted which is envisioned to outcome in extra energy currently being produced applying less sources. The Tesdison engineering is infinitely scalable to meet different needs of our purchasers. This know-how was validated by Countrywide Complex Devices (“NTS”) in September 2019. Founded in 1961, NTS is a global service provider of testing, inspection and certification services.
There are numerous envisioned environmentally friendly advantages of the Tesdison technologies that contain:
Low maintenance cost with fewer mechanical use and tear
No gas or provide problems
No harmful bi-products and squander
Do the job with a multitude of battery storage makers and suppliers
No need to operate near assets and supplies and
Scalability with buyer make out of lesser facilities.
The Business strategies to take a strategic enlargement tactic by collaborating with big cryptocurrency miners to accelerate earnings technology, aiming to promptly attain a sizable marketplace share exactly where there is a win-get earnings sharing model which could be considerable to the Enterprise in the extended run. We have established a sector penetration design that accommodates our “green tech” brand name recognition with world-wide enlargement and balances our prepared earnings lines among major gamers in the cryptocurrency mining sector, future cryptocurrency miners, details middle operators, and renewable power vegetation where by Tesdison engineering can be utilized with scalability.
“Today we are poised to deliver this disruptive engineering to the cryptocurrency mining sector exactly where electronic property have come to be a new way of everyday living. We seek world wide partnerships with capable company partners to capture what we feel is a incredibly large and developing market to considerably profit all parties associated,” stated Dr. Benjamin Tran, CEO of Bitech Systems.
The Corporation provides out a breakthrough renewable vitality resolution that it thinks gives a option to one particular of the world’s biggest issues – international warming and radical local weather improve – by swiftly reducing the dependence and burning of damaging fossil fuels. Dependent on our reports, the Tesdison technological innovation option can end result in a return on investment decision (ROI) of up to an average of 2.5 occasions more quickly than that of any photo voltaic electrical power remedies. Employing Tesdison technological know-how, the Firm is also exploring an supplemental profits product through carbon credit history tactic with possible financing options on a all over the world foundation.
The Company’s title improve was authorized by its board of administrators on April 28, 2022 and it options to file a recognize with regards to the identify adjust and a ask for for a symbol alter with The Financial Marketplace Regulatory Authority, Inc. (“FINRA”). An updated Kind 8-K will be filed by the Organization on FINRA’s acceptance and acceptance of the title alter and issuance of a new buying and selling image.
About Bitech Systems Corporation
Bitech Systems Corporation (OTCQB: SPIN), previously recognized as Spine Harm Remedies, Inc., is a world technologies solution service provider focused to providing a suite of green electrical power alternatives with a emphasis on cryptocurrency mining and information centers. Aiming to solve the exorbitant significant price tag of electrical energy in cryptocurrency mining, Bitech programs to supply its Evirontek Integrated Platform together with its core know-how Tesdison, a innovative U.S. patented self-charging dual-battery method know-how furnishing higher effectiveness in energy technology. Bitech seeks enterprise partnerships with international crypto miners in bitcoin, ethereum and other preferred cryptos and have interaction with worth-extra resellers to aid and implement a scalable and modular program remedy while pursuing a cryptocurrency revenue-sharing and technological know-how licensing product to attain carbon credits via Tesdison technologies implementation at any scale. For much more info, be sure to check out www.bitech.tech.
Cautionary Note About Forward-Searching Statements
This information release includes statements that require anticipations, ideas or intentions (this sort of as these relating to future enterprise or money success) and other factors discussed from time to time in the Firm’s Securities and Exchange Fee filings. These statements are ahead-hunting and are subject to pitfalls and uncertainties, so actual results may well fluctuate materially. You can determine these forward-looking statements by terms this sort of as “could,” “ought to,” “assume,” “foresee,” “believe,” “estimate,” “intend,” “strategy” and other comparable expressions. Our true final results could vary materially from those predicted in these forward-on the lookout statements as a outcome of specified components not inside the management of the Corporation. The Firm cautions visitors not to area undue reliance on any such ahead-wanting statements, which discuss only as of the date created. The company disclaims any obligation subsequently to revise any forward-searching statements to replicate situations or circumstances just after the date of these statements or to reflect the incidence of anticipated or unanticipated occasions.
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