• Sun. Aug 14th, 2022

Large-Capacity Bitcoin Mining Repair Facility in North America Exhibits at Mining Disrupt, the World’s Largest Bitcoin Mining Expo

ByHazel R. Lang

Jul 22, 2022

BOTS, Inc.

Parkersburg, West Virginia, July 22, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — TEKX MINING AND GAMING PC SOLUTIONS LLC and its parent company (OTC: BTZI), (BOTS, Inc or “the Company”), a global technology conglomerate specializing in blockchain-based solutions, including decentralized financial applications, cybersecurity, crypto generation, Bitmain Certified Repair of Bitcoin Mining Equipment and Extended Warranties today announced that TekX will attend and exhibit at Mining Disrupt Expo, to be held at the Miami Convention Center in Miami, Florida, from July 26 to July 28, 2022.

Mr. Joe Florence, co-founder and CEO of TekX, will deliver a keynote address at the Expo. The purpose of this talk, titled “7 Secrets of Miner Repairs”, is to share TekX’s 35 years of experience in electronics manufacturing and how TekX is applying that experience to DISRUPT the crypto miner repair industry.

The North American bitcoin repair and maintenance market is expected to witness substantial growth year on year. A significant contributor to this growth is due to offshore bitcoin mining companies revamping their global geographic operations and increasing their presence in North America. The government’s shutdown of Chinese commercial mining activities has contributed to this transition. This act alone led to overnight operational challenges and a massive migration of mining farms to North America.

The US cryptominer repair and maintenance market in the United States is very fragmented and full of small local repair shops. The average store offers in-house repair and maintenance services for crypto miners carried out by independent commercial operators, these services being supplemented by the sale of spare parts.

An increase in the failure rates of existing “in the field” crypto miners and the financial benefits of repairing this old mining equipment rather than disposing of these units are expected to drive the market for repair and maintenance of bitcoin miners for years to come.

Both branded and unbranded miners are currently flooding the market regularly. These miners are often made with poor quality materials, lack technical documentation or lack regular maintenance. TekX’s approach to dealing with this wave of non-operational miners is to offer a market disruption solution. TekX plans to develop and manufacture improved aftermarket products for miners with the goal of making repairing associated hashboards a cost-effective solution rather than forcing the owner to purchase a new miner. This will develop brand loyalty and increased trust from our customers.

TekX has exclusively introduced a significant market disruptive innovation by offering 12, 24 and 36 month extended warranty service contracts. Additionally, TekX is actively addressing the current global shortage of “ASIC” computer chips which is negatively impacting all electronics manufacturing and repair facilities. To minimize this impact on our customers and eliminate extended downtime for repairs, TekX is developing a centralized North American supply chain management platform so that all parts, components and manuals necessary techniques are available to industry.

To book a meeting with the TekX team at Mining Disrupt or for information on mining, please send a message https://t.me/TekXMinerRepair or stop by stand 79 at the Expo. Join our team to discuss the state of the mining industry with miners, crypto enthusiasts, and other Mining Disrupt Expo attendees.

About Mining Disrupt 2022

Now in its fourth year, Mining Disrupt is known as the world’s largest bitcoin mining conference and expo, and this year it will be held at the Miami Convention Center in Miami, Florida from July 26 to July 28. 2022. This year’s expo will feature a 250,000 square foot mining container showcase, keynote speakers, a cigar lounge, pool party, and thousands of confirmed attendees, vendors and d investors in the cryptocurrency industry. Anyone interested in dramatically scaling their cryptocurrency mining operation and learning how to fix bitcoin miners should attend the event and schedule times to meet with the attending executives of TekX and ASICxchange partners – TekX.

In addition to dozens of cutting-edge exhibits and keynote speakers, attendees will also have access to panel discussions and interactive opportunities to ask questions of the experts in attendance.

For more information, lineup and tickets, visit https://miningdisrupt.com

Mining Disrupt 2022 will include keynote presentations, panel discussions and a showcase of mining containers indoors and outdoors. New additions to this year’s event include the first-ever “ASIC Museum” showcasing a strong collection of vintage and rare ASIC models, a “Whale Guest Pass” B2B upgrade with access to the “Whale Lounge” and a “Cigar VIP lounge. ”

Mining Disrupt provides an annual opportunity for miners to gather, connect, and focus specifically on Bitcoin mining. The past year has proven to be eventful for mining, bitcoin, and crypto as a whole, and the conference promises to unveil new products and ideas from many of the most influential players in the bitcoin mining industry. Some of the planned presentations and panel topics will include the future of proof of work, immersion, mine safety, mine repair, mine insurance, and sustainability, among others.

The TekX and ASICxchange team looks forward to discussing crypto mining repair best practices, recent market trends in Bitcoin hardware sourcing, and the latest developments in the industry.

“Mining Disrupt is a great opportunity to meet leaders in the Bitcoin mining industry and showcase TekX’s disruptive approach to miner repair and maintenance. We know the electronics industry, miner repairs are our only business, we have solutions for almost any miner repair problem. – commented Joe Florence.

TekX has partnered with ASICxchange to provide the best sourcing for mining hardware, global shipping logistics and expanding TekX miner repair business in Canada and other markets

About ASICxchange.

ASICXchange is one of the leading crypto mining service providers in North America offering equipment resale, ASIC repair with extended warranty, hosting solutions, reliable transport with the best insurance of shipping in its class and an infrastructure of facilities for farms on an industrial scale.

For more information, visit www.AsicXchange.com

About BOTS, Inc.

BOTS, Inc. is a global technology company specializing in Blockchain-based solutions, including decentralized finance applications and cybersecurity solutions, and owns a portfolio of digital assets and crypto-related businesses such as BeadSwap, a decentralized crypto exchange, bitcoin ATMs, and corresponding US patents and Cyber ​​Security Group LLC, an ISO/IEC 27001:2013 Information Security Management System certified company.

Subsidiary TekX Mining and Gaming PC Solutions is a Bitmain Certified Bitcoin Miner Repair Center and also provides crypto mining advice, optimization, crypto mining equipment repair and extended warranty contracts. Tekx also organizes training for miner repair technicians. TekX also offers Testing, Inspection and Certification (TIC) services as a value-added set of procedures that is now provided to ensure second-hand bitcoin miners and other related products comply with regulations. and manufacturing standards in terms of quality and safety. . These services include optional on-site or remote diagnostic testing, document checks, data processing consistency checking, business process audits and inspections across the entire supply chain. Testing and commissions will be provided to institutional buyers of bitcoin miners as well as small miner operators or at the request of the manufacturer.

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Forward-looking statements

Certain statements contained in this press release may constitute “forward-looking statements”. Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that is not directly related to historical or current fact. Actual results may differ materially from those indicated by these forward-looking statements due to various important factors that may be disclosed in the Company’s filings. In addition to these factors, actual future performance, results and results may differ materially due to broader factors, including (without limitation) general industry and market conditions and growth rates, economic conditions and changes in government and public policy. The forward-looking statements included in this press release represent the Company’s views as of the date of this press release, and those views are subject to change. However, while the Company may elect to update these forward-looking statements at some time in the future, the Company expressly disclaims any obligation to do so. These forward-looking statements should not be taken to represent the views of the Company as of any date subsequent to the date of the press release. These forward-looking statements are risks which are detailed on the Company’s website and filings.

Contact: BOTS INC.

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