EV Battery Tech Announces Optimal Site Development, Provides Corporate Updates, Canadian Business Journal

Vancouver, British Columbia, February 22, 2022 (GLOBE NEWSWIRE) — Extreme Vehicle Battery Technologies Corp. (“society” Also “EV battery Tech“) (CSE: ACDC) (OTCQB: CRYBF) Is a wholly owned cryptocurrency mining subsidiary Optimal CP Inc. (“”Optimal”) The latest information on our first Bitcoin mining facility and general companies.

Optimal expects the first tranche of 100 ASIC miners to be delivered to the facility in mid-March and outsourced to the first mining enclosure in the next 4-8 weeks.

Following this first tranche test run of 100 ASIC miners, our goal is to add an average monthly ASIC capacity of 500 kW over the next 6 months, resulting in a total mining capacity of 3,500 kW. Is expected to be added. Hash rate of about 100 peta hash. In total, we expect to establish a monthly mining capacity of approximately 12 Bitcoins by the end of the third quarter of 2022.

“”Experienced Optimal team Develop Within time and budget when building this new one Cash flow Blockchain Vertical of our portfolio,“Bryson Dowin, CEO of EV Battery Tech, said.

Optimal maintains the services of an Alberta-based electrical contractor, has experience in providing and commissioning mining enclosure systems, and is timely and cost-effective to procure and deliver the first mining enclosure systems. Start with the method.

Once this process is complete, Optimal will be able to begin construction and phased commissioning of its first mining facility. The facility is expected to be best suited to Optimal’s ambitions for initial crypto production and expansion of the facility as future layers of state-of-the-art ASIC machines continue to arrive.

In addition to advancing the field of cryptocurrency mining, we continue to make progress in marketing activities with other blockchain divisions. Here are some notable developments:

  • We are continuing to develop smart miners. Collaboration between IONiX Pro Battery Technologies (“IONiX Professional“) And the renewable energy obligation-based energy economy (“Robe2”) Is working on the development of the first carbon negative mining device.Robe2 The first 10,000 miners have already ordered to be deployed in the first robe2 Ecosystem development.
  • “development ofSmart InstructionsThe application will continue while the company is preparing for beta testing of the application. The Smart Command application allows users to monitor and control energy storage system (ESS) products and use cryptocurrencies to pay for electric vehicle (EV) charging.
  • We have a C $ 150,000 contract with IAM Ventures Inc. to analyze all marketing materials, develop and create content, email marketing, create and maintain landing pages, use influencer networks, and more. We support activities. To help us raise brand awareness.
  • We and IONiX Pro continue to work with Daymak Inc. to custom develop battery systems for the Avvenire EV and Light Electric Vehicle (LEV) lineup using EV Battery Tech’s patented BMS and proprietary blockchain technology. increase. The first prototype using the IONiX Pro battery system was announced in December 2021. https: // v = ZEipnUOEdHo

“”The portfolio of blockchain assets continues to advance in every aspect.As you get closer is expected With revenue from the mining industry, we continue to develop long-term industries. believe They have destructive power Each Market segment, Goodwin concludes.

On behalf of the company

Bryson Dowin
Chief executive officer

About Extreme Vehicle Battery Technologies Corp..

Extreme Vehicle Battery Technologies is an innovative, patented product designed to meet the growing demand for scalable and smart solutions for the fast-growing electric vehicle (EV) and energy storage solutions (ESS) markets. A blockchain and battery technology company with a battery management system (BMS). The company is committed to supporting global recycling solutions by providing a recycling initiative that uses its technology to analyze and completely regenerate used batteries.

Contact number and email  

For more information about our company, please see below.
For more information about our products, please visit:
For inquiries from investors, please contact us at (236) 259-0279 or email
For product or sales inquiries, please contact us at (236) 266-5174 or email
All communications are managed by AlphaOne Media Group Inc.

Optimal CP Inc.about

Optimal CP is a company focused on meeting the demand for the fast-growing, cost-effective crypto infrastructure in North America. Optimal’s focus on integrating mining facilities into Alberta’s power generation facility and using state-of-the-art operational technology provides a high degree of economic selectivity and long-term operational certainty. We can provide the cleanest ones. And the lowest cost mining business in the world.

Description of future prospects

The information in this news release contains specific information and statements regarding future events, expectations, plans, and management’s views of the outlook that make up the forward-looking statement. These statements are based on assumptions that are affected by risk and uncertainty. Forward-looking statements and information may be words such as “expect”, “intended”, “expected”, “potential”, “suggest” or variations of such words or phrases, or It can be identified by using a description that takes a specific action. The event or result occurs, “possible”, “possible”, “should”, “possible”, “possible”, or “possible” , Or may be achieved. Forward-looking statements in this news release include, but are not limited to, statements related to: Company expectations from a monthly increase in ASIC capacity of 500kW. Alberta-based electrical contractors have begun procuring and delivering Optimal’s initial mining enclosure system in a timely and cost-effective manner. Final decision on the process to allow Optimal to begin construction and phased commissioning of the first mining facility. Expectations that the facility is best suited for Optimal’s ambitions. Continued progress in smart miners. Development of “smart commands”. IAM Ventures Inc. Our involvement. And Daymak Inc. Continuous work with. We believe that the expectations reflected in our forward-looking statements are reasonable, but we do not guarantee that the expectations of our forward-looking statements will be proven to be correct. Unless required by law, we reflect actual results, whether or not they are the result of new information, future events, changes in assumptions, or changes in such factors that affect the future. We undertake no obligation to update or revise any forward-looking statement in order to do so. -A visual statement or something else. Further risk factors are discussed in discussions and analysis by our management for the fiscal year ended January 31, 2021.

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EV Battery Tech Announces Optimal Site Development, Provides Corporate Updates, Canadian Business Journal

Source link EV Battery Tech Announces Optimal Site Development, Provides Corporate Updates, Canadian Business Journal

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