BitFrontier Partners With CalChip Connect to Reach 185K New Customers

Rhea-AI Summary

BitFrontier Capital Holdings, Inc. (BFCH) partners with CalChip Connect to expand sales channel for crypto mining hardware. CalChip's success in IoT products signals potential growth in crypto mining. BFCH provides logistical support for ASIC Miners, enhancing distribution capabilities.

SAN JOSE, CA, March 06, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – BitFrontier Capital Holdings, Inc. (OTCMKTS: BFCH), a leading provider of crypto mining hardware and liquid immersion hosting centers, today announced a new sales channel partner relationship with CalChip Connect.

CalChip Connect, a leading distributor of IoT Network Solutions, warehouses and distributes thousands of IoT (internet of things) products worldwide. Many of these solutions are being deployed as distributed nodes working together to form a network, much like the cellular phone providers grew in the early 1990’s. In this model, ownership is distributed and network nodes are rewarded by proof of work (POW), exactly how crypto miners work.

CalChip’s customers are technically savvy, understand the distributed ownership model and recognize the opportunity presented by early node adoption. CalChip has already been successful in selling $8 million worth of Helium miners last year and the transition to full crypto is the next logical step. However, acquiring ASIC Miners equipment, the devices used in cryptographic mining, can be tricky and has often been described as the new wild west. To mitigate this challenge, CalChip has partnered with BFCH/ASIC Miners US with direct manufacturer relationships with all the ASIC Miner Manufactures as well as an asian based procurement team to achieve the logistical excellence CalChip Connect requires.

“This is a win/win for both teams. BFCH can provide the overseas logistical support that CalChip requires and CalChip enables BFCH to grow our sales channel without increasing headcount,” Andrew Gilton, CEO of BFCH

CalChip Connect has over 185K customers, an active list of 88K email subscribers and over 400K quarterly website visits.

“The BFCH team gives us the logistical advantage we need to offer and support ASIC Miners as part of our product line. We are excited to help our customers gain a foothold into ASIC deployments as crypto currency is distributed IoT networking and an exciting trajectory of growth,” Jason Giuliano, CEO of CalChip Connect.

Video https://youtu.be/fTqQcq8So4k

About BitFrontier Capital Holdings, Inc.

BitFrontier Capital Holdings, Inc. is a leading provider of Crypto Mining Hardware and Hosting Centers. Consisting of ASIC Miners US, Inc. and Liquid Immersion Worldwide, Inc. BitFrontier is a one stop shop for purchasing the very latest mining equipment and strategically located hosting centers throughout the US.

To keep up with further announcements in between our scheduled press releases, please follow our new twitter account https://twitter.com/bfchco
https://www.bfchco.com/
https://asicminersus.com/
https://www.liquidimmersionhosting.com/

Contact- PR@bfchco.com

Forward-Looking Statements.
This press release may contain forward-looking statements. The words "believe," "expect," "should," "intend," "estimate," "projects," variations of such words and similar expressions identify forward-looking statements, but their absence does not mean that a statement is not a forward-looking statement. These forward-looking statements are based upon the Company's current expectations and are subject to a number of risks, uncertainties and assumptions. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause actual results to differ significantly from those expressed or implied by such forward-looking statements are risks that are detailed in the Company's respective filings at www.otcmarkets.com.

FAQ

What is the ticker symbol for BitFrontier Capital Holdings, Inc.?

The ticker symbol for BitFrontier Capital Holdings, Inc. is BFCH.

Who is the new sales channel partner of BFCH mentioned in the press release?

The new sales channel partner of BFCH mentioned in the press release is CalChip Connect.

What kind of products does CalChip Connect distribute?

CalChip Connect distributes IoT (internet of things) products.

How much worth of Helium miners did CalChip sell last year?

CalChip sold $8 million worth of Helium miners last year.

What is the next logical step for CalChip after selling Helium miners?

The next logical step for CalChip after selling Helium miners is transitioning to full crypto mining.

What is described as the new wild west in the press release?

Acquiring ASIC Miners equipment is described as the new wild west in the press release.

What advantage does CalChip gain from partnering with BFCH?

CalChip gains logistical support for offering and supporting ASIC Miners as part of their product line from partnering with BFCH.