SAN JUAN, May 04, 2021 (GLOBE NEWSWIRE) — BOTS, Inc. (OTC: BTZI), (“The Company”) a vertical integrator and an rising innovator of merchandise, I.P. licensing, commercialization of applied sciences, providers for the quickly rising digital robotics automation, cybersecurity, and manufacturing business introduced right now the business’s first mixed hashing energy and bitcoin miners’ product guarantee.
The guarantee covers labor on all elements of the bitcoin mining rig, together with the supply of distant monitoring providers, mining rig {hardware} protection, and racking programs.
This new BOTS Inc “MinerGuard™” prolonged guarantee applies to labor along with the product, authentic tools producer, Bitmain – the world’s main producer of cryptocurrency mining {hardware} when put in by a Bitmain licensed installers. Coverage beneath the MinerGuard™ guarantee is now out there to all Bitmain mining rigs, new and used.
“The MinerGuard™ full-comprehensive guarantee ensures bitcoin mining farm operators have full peace-of-mind whereas making managing mining operations simpler and extra environment friendly,” mentioned Simon Rubin, Chairman of Bots Inc. “Bots Inc listens intently to business tendencies, clients suggestions and is at all times making an attempt to create merchandise and options that meet the market’s wants. The preliminary response to our bitcoin miners guarantee applications may be very optimistic from the guarantee protection introduction, and it turned clear that there’s a want to supply one of these prolonged guarantee to the Bitcoin mining business.”
Bots will moreover provide a hashing Power Warranty that Guarantees secure bitcoin hashing Production all through the Life of the bitcoin mining farm. The Company plans to make the most of a complicated A.I. engine that optimizes prolonged guarantee affords.
The prolonged miner guarantee program will initially be masking Bitmain manufactured miners, and shortly, BTZI will add protection for Canaan Inc miners, MicroBT Whatsminer, and different main bitcoin miner producers.
The Company introduced earlier the supply of bitcoin mining repairs via a certified nationwide bitcoin miners’ restore heart, which is now totally operational.
As reported by Coindesk lately: The U.S. and Canada presently account for lower than 10% of world crypto mining hash energy. There are round 15 large-scale bitcoin mining services working in North America.
Around 3,000,000 bitcoin miners are in operation within the U.S. and about 2,000,000 in Canada.
BTZI estimates the prolonged bitcoin miners’ guarantee market dimension to exceed $1.2 billion within the U.S.
Being the one supplier of the prolonged guarantee for the bitcoin miners; BOTS Inc is now positioned to seize this unserved market. The Company plans to shortly develop this service to Canada after which worldwide.
Research and Markets estimate the prolonged guarantee section will attain a staggering $50.2 billion by 2026.
We plan to announce the completion of our guarantee web site this week, however for now, events might contact us by way of [email protected]
About BOTS, Inc.
Headquartered in San Juan, Puerto Rico, BOTS, Inc. – publicly traded on the OTC Markets beneath the image (BTZI) is a diversified firm growing and servicing blockchain, cybersecurity, and robotics options for its clientele. The Company is dedicated to driving the improvements wanted to form the way forward for digital robotic automation administration via digital expertise and decentralized blockchain options. Management is devoted to the sturdy development of Distributed Asset Technology and Robotic Process Automation (RPA).
BTZI is the founding father of the First Worldwide Bitcoin ATM consortium or community, the blockchain-powered pc community that can allow Bitcoin ATM buyer wallets issued by a Bitcoin ATM operator that will probably be a member of the community for use to carry out Bitcoin ATM transactions via ATMs that belong to a different operator of the community. This is very handy when touring overseas, the place Bitcoin ATMs could also be extensively out there. A community is a standard means of delivering, shopping for, or promoting cryptocurrency providers that improve the community worth by linking many operators collectively. For instance, the worth of a mobile phone community to clients will increase with the variety of clients that may be reached by way of the worldwide community. Similarly, Bitcoin ATM networks will hyperlink collectively Bitcoin ATMs in numerous places, giving the shoppers of every operator larger entry to their crypto accounts.
Shareholders, potential traders, and others ought to notice that we announce materials occasions and materials monetary info to our shareholders and the general public utilizing our web site and the social media addresses listed beneath, in addition to in our SEC filings, press releases, public convention calls, and webcasts. We additionally use social media to speak with our subscribers and the general public about our Company, providers, and different points. It is feasible that the knowledge we submit on social media may very well be deemed to be materials info. Therefore, we encourage shareholders, the media, and others excited by our Company to evaluation the knowledge we submit on the U.S. social media channels listed beneath. This record could also be up to date occasionally.
Track BTZI information on Facebook @ https://www.fb.com/Bots.Bz/
Follow BTZI information on Twitter @Bots_bz http://www.Twitter.com/Bots_bz
Find BTZI information at http://www.bots.bz
Bots, Inc. has been featured in media nationwide, together with CNBC, Bloomberg, TheRoad.com.
For extra info, go to http://www.bots.bz
Visit BTZI on Facebook
https://www.fb.com/Bots.Bz/
Follow BTZI on Twitter @Bots_bz
Forward-Looking Statements
Certain statements contained on this press launch might represent “forward-looking statements.” Forward-looking statements present present expectations of future occasions primarily based on sure assumptions and embody any assertion that doesn’t instantly relate to any historic or present truth. Actual outcomes might differ materially from these indicated by such forward-looking statements because of numerous vital components as could also be disclosed within the Company’s filings. In addition to those components, precise future efficiency, outcomes, and outcomes might differ materially due to extra normal components, together with (with out limitation) normal business and market circumstances and development charges, financial circumstances, and governmental and public coverage adjustments. The forward-looking statements included on this press launch characterize the Company’s views as of the date of this press launch, and these views might change. However, whereas the Company might elect to replace these forward-looking statements in some unspecified time in the future sooner or later, the Company particularly disclaims any obligation to take action. These forward-looking statements shouldn’t be relied upon as representing the Company’s views as of any date subsequent to the date of the press launch. Such forward-looking statements are dangers which are detailed within the Company’s web site and filings.
Contact:
Oleksandr Gordieiev
CEO
