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Edge Data Solutions Introduces ‘Crypto Arctic Tank,’ Providing World’s First Sustainable Solution to Future-Proof Crypto Mining Operations
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Rhea-AI Summary
Edge Data Solutions Inc. (OTC: EDGS) has launched the Crypto Arctic Tank, a groundbreaking 200kw sustainable immersion mining solution, at the Bitcoin 2022 Conference in Miami Beach. This innovative product promises up to 50% more hashing capacity and significantly reduces energy consumption, addressing environmental concerns associated with crypto mining. Pre-sales are currently available at their conference booth. The company aims to revolutionize crypto mining through efficient cooling technology and is poised to lead the industry in sustainable practices.
Positive
Launch of the Crypto Arctic Tank, a 200kw sustainable immersion mining solution.
Offers up to 50% more hashing capacity compared to existing solutions.
Addresses energy consumption issues in crypto mining with innovative cooling technology.
Pre-sales initiated at a prominent crypto conference, increasing market visibility.
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Pre-Sales for New ‘Sustainable Mining Solution’ Begin Today at Bitcoin 2022 Conference in Miami Beach
MIAMI BEACH, Fla.--(BUSINESS WIRE)--
In a move considered to represent the future of crypto mining, Edge Data Solutions Inc. (OTC: EDGS), an edge data center, crypto mining and cloud infrastructure provider, today announced its introduction of the “Crypto Arctic Tank,” a first-of-a-kind 200kw sustainable immersion mining solution. The tank provides users up to 50% more hashing capacity with the highest-density power-distribution unit, and the highest-efficiency fluid on the market, Edge Fluid VHP 1200. Pre-sales take place today through Saturday at the company’s exhibition booth No. 982 at the Bitcoin 2022 Conference, taking place at the Miami Beach Convention Center at 1901 Convention Center Drive, Miami Beach, Fla.
Dan Wong, President, Edge Data Solutions (Photo: Business Wire)
"We are at a pivotal moment in our global energy crisis, when we are struggling to balance our growing energy demands with our requirement to minimize our carbon footprint," said Delray Wannemacher, Edge CEO and Co-Founder. "Edge has broken the glass ceiling by producing what many have claimed could not be done: Creating Sustainable Mining Solutions which give the blockchain community a unique opportunity to lead the world in next-generation cooling technology.”
Some background on the issues at stake: In today’s energy crisis, crypto mining is frowned upon for its high consumption of energy and its negative impacts 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. Conversely, “immersion-cooled” Bitcoin mining more efficiently uses circulation pumps and special liquids designed to work with electronics in lieu of air. Edge’s Crypto Arctic Tank was introduced as the industry’s first efficient liquid immersion solution, which future-proofs crypto operations by enabling miners to minimize energy consumption and operational costs. Thanks to this first-of-a-kind solution, miners can reduce their energy consumption and operational costs by using Edge’s sustainable mining solution technology to remove the heat generated by the hashboards which are used to anonymously pass crypto transaction information.
Specifically, the Crypto Arctic Tank is differentiated from other solutions on the market today because it:
Provides a 200kw crypto mining solution, over 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 a user-friendly, turnkey solution which runs quietly and seamlessly from any location, wherever it’s needed in the world
Edge’s proprietary Edge Performance Platform enables it to deploy next-generation edge data centers from any location, providing the industry’s most advanced immersion cooling technology that improves performance and reduces energy costs and latency. The company is noted for serving more computing power to key industries including crypto, fintech, cloud gaming, telecom 5G, 3D/video/AI rendering, video streaming, remote desktop, IoT, and autonomous vehicles.
“This is sustainable mining made easy,” said Daniel Wong, Edge’s President and Co-Founder. “Our turnkey solution is very easy to install, running quietly, seamlessly and efficiently from any location, anywhere in the world. We are proud that Edge is bringing together the best minds from all generations to bring the highest level of enterprise standards to the industry.”
Added Wannemacher: “Beyond our leadership in crypto mining, Edge also is transforming the global infrastructure of technology, enabling chip manufacturers and technology companies to develop solutions that rely on high-density computer power and are needed to run today’s world. Edge looks forward to continuing to lead the industry in sustainable mining and cleantech.”
About Edge Data Solutions Inc.
Edge Data Solutions Inc. (OTC: EDGS), Edge is an industry-leading edge data center, crypto mining and cloud infrastructure provider. Edge’s proprietary Edge Performance Platform enables it to deploy next-generation edge data centers where they are needed most. Its data centers provide sustainable immersion cooling technology that maximizes performance, and reduces energy costs and latency. The company is distinguished for providing customized solutions to complex business problems, and serving the industry’s highest levels of computing power to companies in crypto mining, fintech, cloud gaming, telecom 5G, 3D/video/AI rendering, video streaming, remote desktop, IoT, and autonomous vehicles. More information is available at https://edgedatasolutions.io/.
Editor’s Notes: Interviews and images are available upon request. Media demos will be provided at Booth No. 982 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 may cause our or our industry’s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed, implied or inferred by these forward-looking statements, including those risks and uncertainties described in our filings with the U.S. Securities and Exchange Commission, including our most recent reports on Forms 10-K, 10-Q and 8-K, and any amendments thereto. Therefore, current and prospective security holders are cautioned that there also can 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 regarded as 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 specified time frame, if at all. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “should,” “could,” “would,” “expects,” “plans,” “intends,” “anticipates,” “believes,” “estimates,” “predicts,” “projects,” “potential,” or “continue” or the negative of such terms and other comparable terminology. These statements are only predictions based on our current expectations and projections about future events. You should not place undue reliance on these statements. Actual events or results may differ materially. In evaluating these statements, you should specifically consider various factors. These and other factors may 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 those statements to reflect the occurrence of unanticipated events, except as required by applicable law.
