SAITech Seeks to Recycle 90% of BTC Mining Waste Heat

Key Points:

• SAITech is a Singapore based tech company with BTC mining operations with a focus on mining with clean energy

  • After China’s crypto bans, SAITech chose to move the short distance to Eurasian locations rather than Europe or the U.S.

  • They do have operations in Kazakhstan, which is one of the top new mining locations

• SAITech is also undergoing a SPAC (Special Purpose Acquisition Company) merger with TradeUP Global Corp and will soon be listed on the NASDAQ exchange as a result

CT: How efficient is your technology in terms of recycling heat? Is there any kind of metrics you that are able to share?

AL: I can simplify it as that you use one part of electricity, we can reuse about 90% of it to provide heating services. For the whole system, it’s an integrated system, not just a heating system; we have four parts of technologies; the first one is SAIHEAT, we use the heat from the chip. Second is SAIWATT; we find more clean-energy resources like hydropower, solar power, wind, and other clean energy. We will become a better battery for them to solve the energy-saving and energy storage problem. The third one is SAIBYTE technology. Based on this technology, we provide integrated systems; you know, the mining pool, wallet, and blockchain browser.

View interview on Cointelegraph with SAITech CEO, Arthur Lee