VANCOUVER, British Columbia, Nov. 25, 2021 (GLOBE NEWSWIRE) — Excessive Automobile Battery Applied sciences Corp. (the “Firm” or “EV Battery Tech”) (CSE: ACDC) (OTCQB: CRYBF), along with its subsidiary, IONiX Professional Battery Applied sciences Inc (“IONiX Professional”) is happy to announce the newest within the IONiX Professional product suite, the Sensible Miner.
The Sensible Miner is an power storage system (“ESS”) that’s able to mining cryptocurrency. The Sensible Miner would be the first gadget able to mining the Renewable Obligation Base power economic system Protocol (the “ROBe2 Protocol”). The ROBe2 Protocol is mined utilizing a “carbon unfavorable” course of often known as the Proof of Renewable protocol (the “PoR Protocol”). Additional info on the ROBe2 Protocol, the PoR Protocol and the Firm’s involvement with each is about out within the Firm’s earlier information releases dated October 28, 2021 and November 3, 2021.
“We have now seen an amazing response to IONiX Professional Residence Sensible Wall, which is an ESS for the house. The Sensible Miner won’t solely retailer renewable power for residence use, however may even generate revenue by mining the ROBe2 Protocol, ” boasted Bryson Goodwin, the CEO of EV Battery Tech.
The Sensible Miner
The Firm, along with IONiX Professional and in collaboration with the ROBe2 Protocol, have designed the newest product within the IONiX Professional product suite; the world’s first carbon-negative crypto miner, the Sensible Miner. The collaboration is an effort to additional develop crypto mining whereas making an attempt to deal with the local weather disaster and financial equality. By using the patent pending PoR Protocol and mixing it with the Firm’s patented battery administration system (BMS), the Sensible Miner is probably the most superior growth from IONiX Professional to this point.
The Sensible Miner relies on the IONiX Professional Residence SmartWall idea, however has been modified to confirm the technology and consumption of renewable power, which qualifies it to mine the ROBe2 Protocol. That is made doable by the Firm’s superior BMS and real-time AI, featured in the entire IONiX Professional product suite.
The Sensible Miner was designed with extra elements in thoughts to encourage shoppers to participate within the PoR Protocol. It’s compact, reasonably priced and simple to put in, particularly designed to make an affect within the creating world.
“That is an thrilling time for IONiX Professional as we embark upon a journey that has the flexibility to affect so many individuals the world over,” commented IONiX Professional Chief Innovation Officer, Robert Abenante.
“The Sensible Miner takes one of the best facets of battery know-how, cryptocurrency mining know-how and renewable power, and rolls them into a tool that probably has important disruptive energy. Whereas the Sensible Miner is effectively fitted to any family trying to retailer renewable power or generate passive revenue from mining cryptocurrency, it has been purposely designed to focus on creating international locations, the place a putting proportion of houses endure from no electrical energy and the place the occupants are unable to even open financial institution accounts. These areas have a necessity for improvements such because the ROBe2 Protocol and the Sensible Miner,” concluded Mr. Abenante.
On behalf of the Firm,
Chief Govt Officer
About the Renewable Obligation Base power economic system (ROBe2) Protocol
The Renewable Obligation Primarily based power economic system protocol, or ROBe2 (pronounced Rob-ee), is a decentralized digital forex, designed to incentivize the creation and consumption of renewable power, by creating an obligation to generate renewable power every time a token is mined and transacted. The ROBe2 Protocol can solely be mined by way of a patent pending, carbon unfavorable “Proof of Renewable” mining protocol that requires the creation of renewable power. Whereas the goal motivations heart across the creation of probably the most superior decentralized utility digital forex, the bigger aims are to stimulate a worldwide motion in opposition to local weather change and financial oppression that plague our world even on this modern-day of science and know-how.
Fixing the worldwide power disaster requires native implementation of a worldwide system that may monitor, confirm, and incentivize renewable power manufacturing on the base stage. It requires a Renewable Obligation Base power economic system, that’s open to everybody and the place every monetary transaction creates the inducement for producing renewable power constantly and mechanically.
About EV Battery Tech
EV Battery Tech is a blockchain and battery know-how firm with revolutionary, patented Battery Administration Programs (BMS) designed to satisfy the rising demand for scalable, good options for the quickly rising electrical car (EV) and power storage resolution (ESS) markets. The corporate has dedicated to helping world recycling options by providing recycling initiatives utilizing their know-how to investigate and absolutely refurbish used batteries.
Be taught extra at evbattery.tech
About IONiX Professional
IONiX Professional is a number one battery services and products firm. Using proprietary blockchain know-how and patented Battery Administration System (BMS) know-how, licensed by EV Battery Tech, IONiX Professional has a rising portfolio of scalable, cutting-edge services and products for the house and workplace, leisure automobiles, main industrial purposes and electrical car charging infrastructure. IONiX Professional has created disruptive “Sensible” merchandise focused for the electrical car (EV) and power storage system (ESS) markets.
Be taught extra at ionixpro.com
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Ahead Trying Statements
Statements on this information launch which can be forward-looking statements are topic to varied dangers and uncertainties, together with the particular elements disclosed right here and elsewhere in EV Battery Tech’s periodic filings with Canadian securities regulators. When used on this information launch, phrases comparable to “will”, “hope”, “may”, “plan”, “estimate”, “count on”, “intend”, “could”, “potential”, “imagine”, “ought to”, “projected”, “proposed”, “rendering” and comparable expressions, are forward-looking statements.
The data on this information launch contains sure info and statements about administration’s view of future occasions, expectations, plans and prospects that represent forward-looking statements. These statements are primarily based upon assumptions which can be topic to dangers and uncertainties. Ahead-looking statements on this information launch embrace, however should not restricted to, statements respecting: (i) the utility and performance of the ROBe2 Protocol and the PoR Protocol; (ii) growth of the Sensible Miner; (iii) the Firm’s effort to additional develop crypto mining whereas making an attempt to deal with the local weather disaster and financial equality; (v) the Sensible Miner’s design elements and meant makes use of and markets; and (vii) Ionix Professional’s hope that the Sensible Miner will penetrate into a number of markets together with creating international locations. Though the Firm believes that the expectations mirrored in forward-looking statements are affordable, it may give no assurances that the expectations of any forward-looking assertion will show to be appropriate. Besides as required by regulation, the Firm disclaims any intention and assumes no obligation to replace or revise any forward-looking statements to mirror precise outcomes, whether or not on account of new info, future occasions, modifications in assumptions, modifications in elements affecting such forward-looking statements or in any other case.