SAI.TECH Announces Expansion of SAI NODE Marietta, Increases Hash Rate by 68PH/s
SAI.TECH Global Corporation - Class A Ordinary Shares (SAI)
US:NYSE Investor Relations:
investors.saic.com
Company Research
Source: GlobeNewswire
SINGAPORE, March 21, 2024 (GLOBE NEWSWIRE) -- SAI.TECH Global Corporation (“SAI.TECH” or “SAI” or the “Company”, NASDAQ: SAI, SAITW), a sustainable distributed bitcoin mining operator and a clean-tech company that integrates the bitcoin mining, power and heating industries, is proud to announce a major scale-up of its SAI NODE Marietta facility starting December 2023 and ongoing. This expansion demonstrates the company's dedication to enhancing the SAI NODE Marietta1, the Company’s US R&D center that focused on advancing technology for high-performance computing liquid cooling and industrial-scale computing heat recycling. The expansion involves the strategic addition of 190 units of Bitmain S19 Pro+ Hydro bitcoin mining machines and 288 units of Bitmain S19 K Pro bitcoin mining machines. The deployment of the 478 bitcoin mining machines and the underlying investment of approximately $0.9 million increased the hash rate capacity of SAI NODE Marietta by approximately 68 PH/s (petaha
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Sec Filings
- 4/23/24 - Form 6-K
- 4/23/24 - Form 20-F
- 3/26/24 - Form 6-K
- SAI's page on the SEC website