SINGAPORE, Aug. 3, 2022 (GLOBE NEWSWIRE) — SAI.TECH Global Corporation ((“, SAI.TECH”, OR “, SAI”, or the “, Company”, , NASDAQ:SAI), a global low-energy bitcoin mining operator and clean tech company integrating bitcoin mining, heating and energy industries, announced today that on September 9, 2022.

About Bitcoin Heat Day

Bitcoin Heat Day commemorates Satoshi’s prediction about Bitcoin Heat published on https://Bitcointalk.org/ on 08/09/2010 –“Bitcoin generation should end up where it is cheapest. Perhaps that will be in cold climates where there is electric heat where it would be essentially free.“

This prediction inspired SAI.TECH Founder and CEO, Arthur Lee, to create SAI.TECH, which is dedicated to realizing Satoshi’s vision. After 12 years since Satoshi’s prediction, SAI.TECH has now become a leading industry player, serving the Bitcoin mining and heating industry with its unique ability to recover over 90% of the waste heat generated by mining chips, with its extensive know-how and to redesign its advanced technologies in liquid cooling.

SAI.TECH is honored to announce that it will be hosting the first Bitcoin Heat Day event during this time 2pm-5pm on Tuesday 9 August at 1 Hotel Central Park1414 6th Ave, New York, NY 10019.

Agenda of the offline meeting:

• 14:00-14:15: Welcome from Arthur Lee, CEO and Founder of SAI.TECH. In addition, he will announce key corporate developments from SAI.TECH and advances in SAI’s liquid cooling and heat recovery technologies and solutions.
• 2:15-3:15 p.m.: keynote speech:
  – A deep dive into Bitcoin Heat and its recovery potential
  – Major bitcoin heat recovery technologies and players
  – Imagine a world of Bitcoin Mining and Bitcoin Heat
• 15:15-15:30: Tea break
• 3:30:4:30 p.m.: Round Table: The ESG Impact of Bitcoin Heat Recovery hosted by SAI.TECH ESG Director Suwan Long
• 16:30-17:00: Guest Networking

“The energy consumption of bitcoin mining has…