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SAI.TECH Global Corporation (NASDAQ: SAI) is a sustainable distributed bitcoin mining operator headquartered in Singapore. The company is at the forefront of integrating bitcoin mining, power, and heating industries through its proprietary liquid cooling and heat exchange technology. This technology enables the use of waste heat from mining operations to provide recycled energy heating, reducing operational costs and enhancing energy efficiency.
SAI.TECH operates through four primary segments: equipment sales, hosting services, mining pool business, and self-mining operations. The company recently announced a significant expansion of its SAI NODE Marietta facility in Ohio, which focuses on advancing high-performance computing liquid cooling and heat recycling technologies. This expansion involves the addition of 478 bitcoin mining machines, boosting the facility's hash rate capacity by approximately 68 PH/s.
The company’s innovative TANKBOX2 system, part of its WITBOX product line, is designed to improve immersion cooling efficiency and flexibility in computing heat recycling. This technology has the potential to apply recycled computing heat to various industries, including fishery, aquatic centers, and industrial heating processes.
In addition to its US operations, SAI.TECH is expanding into the Canadian market through a partnership with Green Agritech Ltd. This collaboration aims to establish a 1MW computing data center in Manitoba, utilizing SAI’s computing waste heat recovery technology to supply heat to onsite facilities and a future greenhouse.
Since its public listing on Nasdaq in May 2022, following a merger with TradeUP Global Corporation, SAI.TECH has continued to develop its sustainable and energy-efficient solutions. The company collaborates with academic institutions, national labs, and industrial partners and seeks support from local, state, and federal government entities to advance its mission.
On April 21, 2023, SAI.TECH Global Corporation (NASDAQ: SAI) announced the appointment of Adrian Xia as AI and Data Center Technical Consultant for its High-Performance Computing (HPC) business line. Mr. Xia, formerly with Intel for 15 years, will focus on developing hardware system architecture for AI and large language models, as well as GPU clusters utilizing ULTIAAS's liquid cooling technology. His role includes strategic guidance to enhance the company's HPC product line and foster relationships with government sectors and enterprises.
SAI.TECH, based in Singapore, is committed to sustainable technology innovation in cooling and energy reuse for data centers. The announcement aligns with the company's vision to implement efficient energy solutions in AI computing, aiming to contribute positively to the environment and the computing industry.
SAI.TECH Global Corporation (NASDAQ: SAI) has appointed industry veterans Harry Sun as Chief Technology Officer (CTO) and Tao Wu as Chief Operating Officer (COO) for its new ULTIAAS product line. Harry Sun brings 15 years of experience in datacenter cooling technology, having worked at leading Bitcoin mining firms such as Bitdeer and BITMAIN. He will oversee the R&D of ULTIAAS products, focusing on liquid cooling and waste heat recovery. Tao Wu, with 16 years in semiconductor technology and extensive experience in cryptocurrency mining data center construction, will manage the construction of 5MW and 10MW SAINODE Bitcoin Mining Data Centers in Ohio. These centers aim to utilize clean energy and demonstrate sustainable cryptocurrency mining practices. This initiative may set a new standard in the sector for eco-friendly mining solutions.
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