MedTech Agency, Backbone, Modifications Identify, Introduces Product for Crypto Miners


Backbone Damage Options, a backbone injury-related medical service and expertise (MedTech) firm, has modified its title to Bitech Applied sciences Company.

This comes a number of weeks after the MedTech firm accomplished its acquisition of Bitech Mining Company, a revolutionary renewable power expertise answer supplier for the cryptocurrency mining business.

The change of title is a part of the corporate’s deliberate enlargement of its enterprise to concentrate on the introduction of its Tesdison expertise, a patented self-charging expertise to offer a inexperienced power answer to the cryptocurrency mining sector.

Backbone mentioned the brand new title was accredited by its Board of Administrators final Thursday, including that it plans to file a discover relating to the change and a request for a logo change with the Monetary Business Regulatory Authority.

It famous that Tesdison was validated by Nationwide Technical Techniques, a world supplier of testing, inspection and certification companies, in September 2019.

The Tesdison Know-how

Backbone mentioned Tesdison, a high-efficiency electrical energy era and charging system, is a US-patented expertise named by combining ‘Tesla’ and ‘Edison’.

“This method is anticipated to lead to a power-savings answer with as much as a 99% power effectivity to switch expensive software particular built-in circuits (ASICs) used to mine cryptocurrencies and considerably scale back exorbitant electrical energy payments,” Backbone mentioned in an announcement.

Moreover, the MedTech agency defined that its long-term imaginative and prescient is to globalize the commercialization of Tesdison within the cryptocurrency mining sector as its core enterprise mannequin.

“We additionally plan to hunt expertise partnerships with power suppliers, envisioning the technological impression of the present market panorama at this time. The Tesdison expertise has worldwide protections in lots of international locations of the world together with the U.S., Canada, European Union, Japan, South Korea, China, Australia and all Affiliation of Southeast Asian Nations (ASEAN) international locations besides Brunei and Myanmar,” it added.

Enhancing Energy Technology in Crypto Mining

Explaining the options of Tesdison, Backbone mentioned the tech product can generate as much as twice an unique power output, can perform off-grid with out a utility connection, has no discharge restrict because the renewable power is repeatedly delivered, and gives a relentless uninterrupted provide of electrical energy daily at any desired voltage.

The corporate added that the brand new product gives a number of advantages equivalent to low upkeep price with much less mechanical put on and tear, no gasoline or provide points, and no harmful by-products and waste, amongst others.

“We’re planning to deploy the Tesdison expertise to current battery storage amenities no matter the kind of batteries getting used,” Backbone mentioned.

It added: “Whereas we anticipate new income to be created with a restricted improve in overhead prices for infrastructure improvement, we additionally anticipate to quickly deploy our battery energy expertise to the grid when wanted which is anticipated to lead to extra energy being generated utilizing much less sources.”

Backbone additionally “plans to take a strategic enlargement method by collaborating with main cryptocurrency miners to speed up income era, aiming to shortly acquire a large market share the place there’s a win-win income sharing mannequin which may very well be substantial to the corporate in the long term.”

Backbone Damage Options, a backbone injury-related medical service and expertise (MedTech) firm, has modified its title to Bitech Applied sciences Company.

This comes a number of weeks after the MedTech firm accomplished its acquisition of Bitech Mining Company, a revolutionary renewable power expertise answer supplier for the cryptocurrency mining business.

The change of title is a part of the corporate’s deliberate enlargement of its enterprise to concentrate on the introduction of its Tesdison expertise, a patented self-charging expertise to offer a inexperienced power answer to the cryptocurrency mining sector.

Backbone mentioned the brand new title was accredited by its Board of Administrators final Thursday, including that it plans to file a discover relating to the change and a request for a logo change with the Monetary Business Regulatory Authority.

It famous that Tesdison was validated by Nationwide Technical Techniques, a world supplier of testing, inspection and certification companies, in September 2019.

The Tesdison Know-how

Backbone mentioned Tesdison, a high-efficiency electrical energy era and charging system, is a US-patented expertise named by combining ‘Tesla’ and ‘Edison’.

“This method is anticipated to lead to a power-savings answer with as much as a 99% power effectivity to switch expensive software particular built-in circuits (ASICs) used to mine cryptocurrencies and considerably scale back exorbitant electrical energy payments,” Backbone mentioned in an announcement.

Moreover, the MedTech agency defined that its long-term imaginative and prescient is to globalize the commercialization of Tesdison within the cryptocurrency mining sector as its core enterprise mannequin.

“We additionally plan to hunt expertise partnerships with power suppliers, envisioning the technological impression of the present market panorama at this time. The Tesdison expertise has worldwide protections in lots of international locations of the world together with the U.S., Canada, European Union, Japan, South Korea, China, Australia and all Affiliation of Southeast Asian Nations (ASEAN) international locations besides Brunei and Myanmar,” it added.

Enhancing Energy Technology in Crypto Mining

Explaining the options of Tesdison, Backbone mentioned the tech product can generate as much as twice an unique power output, can perform off-grid with out a utility connection, has no discharge restrict because the renewable power is repeatedly delivered, and gives a relentless uninterrupted provide of electrical energy daily at any desired voltage.

The corporate added that the brand new product gives a number of advantages equivalent to low upkeep price with much less mechanical put on and tear, no gasoline or provide points, and no harmful by-products and waste, amongst others.

“We’re planning to deploy the Tesdison expertise to current battery storage amenities no matter the kind of batteries getting used,” Backbone mentioned.

It added: “Whereas we anticipate new income to be created with a restricted improve in overhead prices for infrastructure improvement, we additionally anticipate to quickly deploy our battery energy expertise to the grid when wanted which is anticipated to lead to extra energy being generated utilizing much less sources.”

Backbone additionally “plans to take a strategic enlargement method by collaborating with main cryptocurrency miners to speed up income era, aiming to shortly acquire a large market share the place there’s a win-win income sharing mannequin which may very well be substantial to the corporate in the long term.”

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