Spine Injury Solutions, a medical and technology services company (MedTech) related to spinal injuries, has changed its name to Bitech Technologies Corporation.
This came a few weeks after the MedTech company finished disualekno from Bitech Mining Corporation, a provider of revolutionary renewable energy technology solutions for the cryptocurrency mining industry.
The name change is part of the company’s planned business expansion to focus on the introduction of Tesdison technology, a patented charging technology to provide green energy solutions to the cryptocurrency mining sector.
Spine said the new name was approved by the Board of Directors last Thursday, adding plans to file notices of the changes and requests for symbol changes with the Financial Industry Regulatory Authority.
He noted that Tesdison has been validated by the National Technical System, a global provider of testing, inspection and certification services, in September 2019.
Tesdison Technology
Spine said that Tesdison, a high -efficiency power plant and charging system, is a US patented technology named by combining ‘Tesla’ and ‘Edison’.
“This system is expected to produce a power -saving solution with energy efficiency of up to 99% to replace the expensive application -specific integrated circuits (ASICs) used for mine cryptocurrencies and reduce excessive electricity bills, ”Spine said in a statement.
In addition, the MedTech firm explains that its long -term vision is to globalize Tesdison’s commercialization in the cryptocurrency mining sector as a core business model.
“We also plan to seek technology partnerships with energy providers, reflecting the technological impact of the current market landscape. Tesdison technology has international protection in many countries in the world including the US, Canada, the European Union, Japan, South Korea, China, Australia and all countries of the Association of Southeast Asian Nations (ASEAN) except Brunei and Myanmar, ”he added.
Improving Power Generation in Crypto Mining
Explaining Tesdison’s features, Spine said the technology product can produce up to twice the original energy output, can be used off-grid without utility connections, has no discharge limits because renewable energy is continuously delivered, and provides an uninterrupted supply. electricity per day at any desired voltage.
The company added that the new product offers a number of benefits such as lower maintenance costs with less mechanics and damage, no fuel or supply issues, and no harmful by-products and waste, among others.
“We are planning to deploy Tesdison technology to existing battery storage facilities regardless of the type of battery used,” Spine said.
He added: “While we expect new revenue to be generated by adding limited overhead costs for infrastructure development, we also expect to rapidly deploy battery -powered technology to the box if needed which is expected to generate more power using fewer resources.”
Spine also “plans to take a strategic expansion approach in collaboration with major cryptocurrency miners to accelerate revenue generation, aiming to quickly gain a large enough market share where there is a win-win revenue sharing model that could be substantial for the company in the long run.”
Spine Injury Solutions, a medical and technology services company (MedTech) related to spinal injuries, has changed its name to Bitech Technologies Corporation.
This came a few weeks after the MedTech company finished acquired from Bitech Mining Corporation, a provider of revolutionary renewable energy technology solutions for the cryptocurrency mining industry.
The name change is part of the company’s planned business expansion to focus on the introduction of Tesdison technology, a patented charging technology to provide green energy solutions to the cryptocurrency mining sector.
Spine said the new name was approved by the Board of Directors last Thursday, adding plans to file notices of the changes and requests for symbol changes with the Financial Industry Regulatory Authority.
He noted that Tesdison has been validated by the National Technical System, a global provider of testing, inspection and certification services, in September 2019.
Tesdison Technology
Spine said that Tesdison, a high -efficiency power plant and charging system, is a US patented technology named by combining ‘Tesla’ and ‘Edison’.
“This system is expected to produce a power -saving solution with energy efficiency of up to 99% to replace the expensive application -specific integrated circuits (ASICs) used for mine cryptocurrencies and reduce excessive electricity bills, ”Spine said in a statement.
In addition, the MedTech firm explains that its long -term vision is to globalize Tesdison’s commercialization in the cryptocurrency mining sector as a core business model.
“We also plan to seek technology partnerships with energy providers, reflecting the technological impact of the current market landscape. Tesdison technology has international protection in many countries in the world including the US, Canada, the European Union, Japan, South Korea, China, Australia and all countries of the Association of Southeast Asian Nations (ASEAN) except Brunei and Myanmar, ”he added.
Improving Power Generation in Crypto Mining
Explaining Tesdison’s features, Spine said the technology product can produce up to twice the original energy output, can be used off-grid without utility connections, has no discharge limits because renewable energy is continuously delivered, and provides an uninterrupted supply. electricity per day at any desired voltage.
The company added that the new product offers a number of benefits such as lower maintenance costs with less mechanics and damage, no fuel or supply issues, and no harmful by-products and waste, among others.
“We are planning to deploy Tesdison technology to existing battery storage facilities regardless of the type of battery used,” Spine said.
He added: “While we expect new revenue to be generated by adding limited overhead costs for infrastructure development, we also expect to rapidly deploy battery -powered technology to the box if needed which is expected to generate more power using fewer resources.”
Spine also “plans to take a strategic expansion approach in collaboration with major cryptocurrency miners to accelerate revenue generation, aiming to quickly gain a large enough market share where there is a win-win revenue sharing model that could be substantial for the company in the long run.”