Epazz, Inc.: CryObo, Inc. Technology Converts Solar Power into Bitcoin Projects to Launch Later This Year [Yahoo! Finance]
EPAZZ INC (EPAZ)
NASDAQ:AMEX Investor Relations:
epazz.com/investors
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Source: Yahoo! Finance
technology, drone technology, blockchain cryptocurrency mobile apps and cloud-based business software solutions, announced today that its subsidiary CryObo, Inc. has been working on using solar power to mine bitcoins. Epazz has been developing solid state battery with its subsidiary Galaxy Batteries, Inc. and has been working on solar power for its drone charge pad technology. The Company has been working on combining the technology into an integrated solution to mine bitcoins in Dubai, where it has manufacturing facilities. The Company will be securing a desert land in a remote area of Dubai to set up the facility. CryObo will use high-power computers to mine the bitcoin. The solar power technology that the project will be using points the solar panels directly at the sun and rotates them to capture the maximum amount of energy from the sun. The energy will be stored in Galaxy Batteries. The bitcoin server will be located underground, using plant cover to naturally cool the servers.
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News
- Epazz, Inc.: CryObo, Inc. solar Bitcoin operations will issue tokens [Yahoo! Finance]Yahoo! Finance
- Epazz, Inc.: CryObo, Inc. solar Bitcoin operations will issue tokensPR Newswire
- Epazz, Inc.: CryObo, Inc. Technology Converts Solar Power into Bitcoin Projects to Launch Later This Year [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Epazz, Inc.: CryObo, Inc. Technology Converts Solar Power into Bitcoin Projects to Launch Later This YearGlobeNewswire
- Epazz's Galaxy Batteries, Inc. Files Its Second Patent for Solid State Battery Technology for Drones and Electric Airplanes [Yahoo! Finance]Yahoo! Finance