SAN JUAN, Puerto Rico, Feb. 23, 2021 (GLOBE NEWSWIRE) — BOTS, Inc. (OTC: BTZI), a vertical integrator and an rising innovator of merchandise, applied sciences and providers for the quickly rising digital robotics automation and manufacturing business introduced at the moment the signing of a lease settlement for its deliberate Bitcoin mining farm. This follows the Firm’s beforehand introduced plans to develop a facility able to housing 50,000 Bitcoin miners.
Coindesk.com reported just lately that Bitcoin Miners Noticed Income Rise 62% in January 2021 From December 2020. Bitcoin miners generated an estimated $1.1 billion in income in January, up 62% from December, in accordance with on-chain knowledge from Coin Metrics analyzed by CoinDesk. World wide, bitcoin miners proceed shopping for extra mining machines and are starting to obtain and deploy the ASICs pre-ordered final yr as they act on plans for continued growth.
“In selecting the West Virginia location, BOTS INC will be capable to safe entry to among the most competitively priced electrical power worldwide,” -Paul Rosenberg, BOTS CEO stated. “Bitcoin Mining is a good way to build up Bitcoins as a strategic asset for BTZI. With the proper mining middle setup, and superior mining rigs we will mine Bitcoins in a really worthwhile means.”
FirstEnergy Corp., the facility supplier in West Virginia, just lately introduced that the corporate is investing about $200 million on distribution and transmission infrastructure tasks to assist improve service reliability and meet future financial development for its prospects.
Fortune journal experiences that Bitcoin Mining firms are able to make cash and create jobs in rural areas, whereas additionally guaranteeing extra Bitcoins—which have gotten strategic belongings—find yourself in American arms.
About BOTS, Inc.
Headquartered in San Juan, Puerto Rico, BOTS, Inc. – publicly traded on the OTC Markets below the image (BTZI) is a diversified firm growing and servicing blockchain, cybersecurity and robotics options for its clientele. The Firm is dedicated to driving the improvements wanted to form the way forward for digital robotic automation administration by way of digital know-how and decentralized blockchain options. Administration is devoted to the sturdy development of Distributed Asset Expertise and Robotic Course of Automation (RPA).
Shareholders, potential traders, and others ought to word 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 firm, our providers, and different points. It’s doable that the data we submit on social media might be deemed to be materials info. Subsequently, we encourage shareholders, the media, and others concerned about our firm to overview the data we submit on the U.S. social media channels listed beneath. This listing could also be up to date occasionally.
Monitor BTZI information on Fb @ https://www.fb.com/Bots.Bz/
Comply with BTZI information on Twitter @Bots_bz http://www.Twitter.com/Bots_bz
Discover BTZI information at http://www.bots.bz
Bots, Inc. has been featured in media nationwide, together with CNBC, Bloomberg, TheStreet.com.
For extra info, go to http://www.bots.bz
Go to BTZI on Fb https://www.fb.com/Bots.Bz/
Comply with BTZI on Twitter @Bots_bz
Sure statements contained on this press launch could represent “forward-looking statements.” Ahead-looking statements present present expectations of future occasions primarily based on sure assumptions and embody any assertion that doesn’t immediately relate to any historic or present reality. Precise outcomes could differ materially from these indicated by such forward-looking statements on account of varied vital elements as could also be disclosed within the firm’s filings. Along with these elements, precise future efficiency, outcomes, and outcomes could differ materially due to extra common elements together with (with out limitation) common business and market circumstances and development charges, financial circumstances, and governmental and public coverage modifications. The forward-looking statements included on this press launch symbolize the Firm’s views as of the date of this press launch and these views may change. Nonetheless, whereas the Firm could elect to replace these forward-looking statements sooner or later sooner or later, the Firm particularly disclaims any obligation to take action. These forward-looking statements shouldn’t be relied upon as representing the Firm’s views as of any date subsequent to the date of the press launch. Such forward-looking statements are dangers which might be detailed within the Firm’s web site and filings.