SINGAPORE, Aug. 03, 2022 (GLOBE NEWSWIRE) — SAI.TECH Global Corporation (“SAI.TECH” OR “SAI” or the “Company”, NASDAQ: SAI ), a global energy-saving Bitcoin mining operator and a clean technology company that integrates Bitcoin mining, heat and power industry, today announced that it will host the first ‘Bitcoin Heat Day’ offline gathering event in New York City on August 9, 2022.
About Bitcoin Heat Day
Bitcoin Heat Day Commemorates Satoshi’s Bitcoin Heat Prediction Posted August 9, 2010 –“Bitcoin generation should end up where it is cheapest. Maybe it will be in cold climates where there is electric heat, where it would be essentially free.“
This prediction inspired SAI.TECH’s founder and CEO Arthur Lee to establish SAI.TECH which is committed to realizing Satoshi’s vision. After 12 years from Satoshi’s predication, SAI.TECH has now become a leading industry player to reshape the Bitcoin mining and heating industry with its unique ability to recover over 90% of the waste heat generated from mining chips, with its deep knowledge and advanced technologies in liquid cooling.
SAI.TECH is honored to announce that it will host the first gathering ‘Bitcoin Heat Day’ during 14.00-17.00 Tuesday 9 August on 1 hotel Central Park1414 6th Ave, New York, NY 10019.
Agenda for offline events:
- 14.00–14.15: Welcome remarks, by SAI.TECH CEO and founder Arthur Lee. In addition, he will announce major corporate developments of SAI.TECH and advances in SAI’s technologies and solutions for liquid cooling and heat recovery.
- 14.15–15.15: Keynote speech:
– A deep dive into Bitcoin Heat and its recovery potential
– Major Bitcoin Heat Recovery Technologies and Players
– Imagine a world with Bitcoin Mining and Bitcoin Heat - 15.15–15.30: Tea break
- 15:30: 4:30: Round Table: The ESG Impact of Bitcoin Heat Recovery, hosted by SAI.TECH ESG Director Suwan Long
- 16.30–17.00: Guest network
“The energy consumption of Bitcoin mining has always been a controversial topic,” said Arthur Lee, Founder and CEO of SAI.TECH, “The mission of SAI is to provide innovative technologies and solutions to lead a future of sustainable Bitcoin mining by integrating three traditional industries with our unique capability, pushing forward the progress to a better world with Bitcoin and Bitcoin heat.With such a vision in mind, we look forward to meeting you in New York to share with you the most up-to-date news and analysis on global chip heat innovation, discuss how the industry can work together to make a real difference.”
Along with the offline gathering, SAI.TECH is also organizing a series of online discussion panels with major Bitcoin mining industry players, stakeholders, scholars and investors to discuss the future of sustainable Bitcoin mining and its game heat recovery potential.
For more information on both the offline gathering event and online discussion panels, follow the Bitcoin Heat Day Twitter account: @Bitcoinheatday. To register for the Bitcoin Heat Day events, click on Bitcoin Heat Day Register to submit the registration form and receive updates.
About SAI.TECH
SAI.TECH is an energy-saving Bitcoin mining operator and a clean-tech company that integrates the Bitcoin mining, power and heating industries. SAI.TECH uses proprietary liquid cooling and waste heat recovery technology for its digital mining machines, using waste heat to provide recycled energy and heating to potential customers while reducing mining operating costs. SAI.TECH strives to become the most cost-effective digital asset mining company globally, while promoting the clean transition of Bitcoin mining, power and heating industries.
In May 2022, SAI became a publicly traded company under the new ticker symbol “SAI” on the Nasdaq Stock Market (NASDAQ) through a merger with TradeUP Global Corporation (“TradeUP”).
For more information about SAI.TECH, please visit https://sai.tech/.
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