Demos of the New ‘Sustainable Mining Solution’ Provided at Booth No. 56 on July 28
MIAMI BEACH, Fla., July 28, 2022–(BUSINESS WIRE)–Edge Data Solutions Inc. (OTC: EDGS), an edge data center, crypto mining and cloud infrastructure provider, joins its partner Raptor Power Systems in introducing the new EDGE “Crypto Arctic Tank 194,” a first-of-a-kind 194kw sustainable, immersion mining solution, at the 2022 Mining Disrupt Conference in Miami Beach. The Crypto Arctic Tank 194 provides users with up to 50% more hashing capacity with the highest density power-distribution unit and the highest fluid efficiency on the market, the EDGE FLUID VHP 1200. Raptor chose the EDGE as its exclusive partner for crypto mining and enterprise data center solutions.
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EDGE’s Crypto Arctic Tank 194 (Image: Business Wire)
Demos of EDGE’s Crypto Arctic Tank will be provided at 2pm at the exhibition booth No. 56 at the conference, taking place at the Miami Airport Convention Center, 711 NW 72nd Ave, Miami, Fla., 33126.
Moreover, in the event, EDGE President and Co-Founder Daniel Wong gave a keynote yesterday, titled: “Immersion Cooling: The Future of Sustainable Mining.” Following this, at 4:15 pm Thursday, Wong will participate in a panel discussion titled “High on Hash.”
EDGE’s Crypto Arctic Tank is a first-of-a-kind turnkey solution to a sustainability mining problem. This helps future-proof crypto operations by giving miners the scalable, sustainable system they need to accommodate future business growth. Its versatility to operate in a complete spectrum of environments and the seamless integration with existing equipment allows operators to deploy this technology anywhere in the world, from container units to more -industrial building.
“EDGE is proud to fulfill its mission as cleantech leaders,” said Delray Wannemacher, Edge CEO and Co-Founder. “EDGE’s Crypto Arctic Tank is the industry’s first efficient liquid immersion solution, future-proofing crypto operations by enabling miners to reduce energy consumption and operational costs while maximizing profitability. We are proud that EDGE’s multi-disciplinary team, along with its partners at Raptor Power Systems, brings together the best minds from all generations to provide the industry with the highest level of standards of enterprise.”
EDGE President Wong added: “The disruption of the financial sector using blockchain technology continues to push the envelope of computing cooling technology to optimize hash capacity without sacrificing machine life. The first-of-a EDGE’s -kind solution provides best-in-class overclock performance free of hash rate peaks, while giving the blockchain community a unique opportunity to lead the world in next-generation cooling technology. EDGE looks forward to continuing to prepare new path for the industry in sustainable mining and cleantech.”
Some background on the issues: In today’s energy crisis, crypto mining is frowned upon due to its high energy consumption and negative effects on the global carbon footprint. “Air-cooled” Bitcoin mining is the basic, traditional way of managing the heating and cooling of mining rigs using fans and air. On the other hand, “immersion-cooled” Bitcoin mining makes better use of circulation pumps and special fluids designed to work with electronics instead of air. This allows miners to reduce their energy consumption and operational costs by removing the heat generated by the hashboards used to anonymously pass crypto transaction information.
In particular, the Crypto Arctic Tank differs from other solutions on the market today because it:
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Provides a 194kw crypto mining solution, almost 50kw more than others available today
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Allows 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
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Offers a user-friendly, turnkey solution that runs quietly and seamlessly from any location, wherever it’s needed in the world, while integrating with existing equipment
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 lowers costs in energy and latency. The company is known for its next-generation technology that serves more computing power for a variety of high-performance computing applications, such as crypto mining, public and private cloud providers, data centers, high- performance computing provider, virtual desktop infrastructure provider, telecom, cybersecurity and disaster recovery provider, streaming provider, artificial intelligence innovator, college, hospital, government, and enterprise blockchain.
Beyond EDGE’s leadership in crypto mining, the company is also transforming the global technology infrastructure, enabling chip manufacturers and technology companies to build solutions that rely on high-density computer power.
About EDGE Data Solutions Inc.
EDGE Data Solutions Inc. (OTC: EDGS), Edge is an industry-leading 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 recognized for its next-generation technology that serves more computing power for various high-performance computing applications, such as crypto mining, public and private cloud providers, data centers , high-performance computing provider, virtual desktop infrastructure provider, telecom, cybersecurity and disaster recovery provider, streaming provider, artificial intelligence innovator, college, hospital, government, and enterprise blockchain.
More information is available at https://edgedatasolutions.io/.
About Raptor Power Systems
Raptor Power Systems is a manufacturer of power distribution units (PDUs), breaker panels and other major electrical components for crypto farms, data centers, industrial automation, military applications and more. Raptor has installed over two million outlets for crypto farms and data centers in the past four years. Raptor products are designed, manufactured, and supported in the USA. https://raptorpowersystems.com/
Editor’s Notes: Interviews and photos available upon request. Media demos will be provided at Booth No. 56 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 could cause actual results to our industry, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed, implied or implied by these forward-looking statements, including risks and uncertainties described in our filings with the US 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 can be no assurance that the forward-looking statements included in this statement will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements contained herein, the inclusion of such information should not be construed as a representation or warranty by Edge Data Solutions or any other person that Edge Data’s objectives and plans Solutions are achievable. in any specified time frame, if any. In some cases, you can identify forward-looking statements with terminology such as “may,” “could,” “should,” “could,” “could,” “expect,” “plans,” ” intends,” “expects,” “believes,” “estimates,” “forecasts,” “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 rely on these statements. Actual events or results could differ materially. In evaluating these statements, you should specifically consider various factors. These and other factors could 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 unforeseen events, except as required by applicable law.
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