SAN JUAN, Puerto Rico, Feb. 19, 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 right this moment that the corporate positioned an order to purchase 1000 superior, cutting-edge Bitcoin miners valued at $4,000,000. In consequence, BTZI is now planning to develop a big bitcoin mining farm in West Virginia, probably increasing to 50,000 Bitcoin mining rigs as soon as preliminary assessments present promising outcomes.
Mr. Paul Rosenberg- CEO of the Firm, commented, “With our deeper transfer into the Bitcoin mining enterprise we plan to make the most of our further expertise in robotics automation and synthetic intelligence in an effort to improve our revenues by way of cryptocurrency operations whereas additional optimizing our product choices. We imagine it’s going to increase profitability whereas bolstering the Firm’s transformation as a vertical integrator with complete involvement on this business.”
BTZI is planning to affix the Digital Foreign money Miners of North America (DCMNA) and North America’s First Cooperative Mining Pool shaped by NASDAQ listed Marathon Patent Group Inc., and TSX listed DMG Blockchain Options Inc.
Digital Foreign money Miners of North America (DCMNA) is a U.S.-based non-profit entity whose mission is to create a greater mining setting for North American miners, assist enhance their monetary efficiency, and to create North America’s first cooperative mining pool.
CNBC reported lately that the CRYPTOCURRENCY Bitcoin surpassed $50,000 per coin for the primary time as main corporations soar into the crypto area. Bitcoin mining has advanced from lovers to massive enterprises because the Bitcoin value surged. Giant companies like Tesla, Mastercard and BNY Mellon have proven help for cryptocurrencies. Bitcoin has gotten a lift from information of enormous companies like Tesla and Mastercard exhibiting help for cryptos. Tesla final week revealed it purchased $1.5 billion value of bitcoin and plans to simply accept the digital coin as cost for its merchandise whereas Mastercard mentioned it’s going to open up its community to some digital currencies. PayPal and BNY Mellon have additionally made large strikes to help crypto.
Tesla’s use of company money to purchase bitcoin sparked hypothesis over whether or not different main corporations would comply with go well with. Uber CEO Dara Khosrowshahi advised CNBC final week that the corporate had mentioned however “shortly dismissed” the thought of shopping for bitcoin however is contemplating whether or not to simply accept cryptocurrencies as cost.
These developments have led many crypto buyers to imagine the newest bull run is completely different than previous rallies.
Bots Inc is concentrated on partnering with enterprise gamers within the crypto mining business with the objective of making higher entry for BTZI buyers and shareholders to not directly take part in digital asset mining investments, enhancing our US mining presence and geographic alternative whereas bringing extra transparency to the bitcoin mining and blockchain sphere.
About BOTS, Inc.
Headquartered in San Juan, Puerto Rico, BOTS, Inc. – publicly traded on the OTC Markets beneath the image (BTZI) and Börse Stuttgart beneath the ticker (M06.SG) – is a diversified firm creating 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 expertise and decentralized blockchain options. Administration is devoted to the sturdy progress of Distributed Asset Know-how and Robotic Course of Automation (RPA).
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