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SAI.TECH Announces co-host of a Ribbon Cut Event with SE Ohio Port Authority for Computing Heat Recycle Center
SINGAPORE, May 02, 2023 (GLOBE NEWSWIRE) -- SAI.TECH Global Corporation ("SAI.TECH" OR "SAI" or the "Company", NASDAQ: SAI), a Sustainable Bitverse Operator

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[{"type":"text","content":"SINGAPORE, May 02, 2023 (GLOBE NEWSWIRE) -- SAI.TECH Global Corporation (\"SAI.TECH\" OR \"SAI\" or the \"Company\", NASDAQ: SAI), a Sustainable Bitverse Operator announced co-host of a Ribbon Cut Event with Southeastern Ohio Port Authority for Computing Heat Technology Development Recycle Center at Marietta, Ohio, United States. The Southeastern Ohio Port Authority (SeOPA) is a statutory agent of Washington County. As an economic development organization, the Port Authority’s mission is to enhance the economic competitiveness of Washington County and to be a catalyst for job creation and investment by business, industry and local entrepreneurs. SeOPA is governed by a board of business and community leaders, approved by the County Commission. The Port Authority is staffed by Jesse C. Roush, Executive Director and Hannah Schaffer, Executive Coordinator. The Computing Heat Technology Development Recycle Center is located in Marietta, Ohio and will be deploying SAI.TECH's new ULTIAAS products TANKBOX and RACKBOX with upgraded liquid cooling and waste heat recovery technologies, plug in clean electricity energy sources in Ohio. More significantly, this center develops technologies to recycle cryptomining heat for different heating needs, such as greenhouse and building heating, poultry industry operation. Thus, this center will not only save both bitcoin mining cost and electricity cost for greenhouse growers but also provide the public with the new model of innovative sustainable clean bitcoin mining. The ribbon cut event started with a welcome speech given by Jesse Roush, Executive Director of SE Ohio Port Authority. Mrs. Amy Koscielak from the American Electric Power Corporation, the largest power supplier in the United States in terms of power generation, was also invited to present and speak during the ribbon cut event. Mr. Tao Zhang, co-founder of SAI.TECH gave a speech about why he founded SAI.TECH and the meaning of Computing Heat Technology Development Recycle Center. \"Some four years ago, I co-founded SAI.TECH out of my faith in Bitcoin, and my concerns for the crisis facing all of humanity, which of course is the climate crisis. We started out as a team of geeks with an oddly specific goal to green up Bitcoin mining, as we are committed to promoting the cryptocurrency and the technology behind it to be the ultimate vehic...