BOTS INC ANNOUNCES EXPANSION OF BITCOIN MINING RIG REPAIRS CAPACITY AND REMOTE DIAGNOSTIC SERVICES FOR BITCOIN MINING FARMS Other OTC:BTZI

SAN JUAN, Puerto Rico, April 15, 2021 (GLOBE NEWSWIRE) – BOTS, Inc. (OTC: BTZI), vertical integrator and rising innovator of merchandise, applied sciences and providers for the quickly rising automation and manufacturing business for digital robotics, introduced immediately introduced that the capability of nationwide repairs of Bitcoin and Ethereum mining amenities has been elevated by our newly licensed restore store. Our affiliated restore store can restore and course of as much as 1000 Bitcoin miners per day.

The enlargement comes at a time when the dramatic rise in Bitcoin worth is fueling a powerful urge for food for Bitcoin mining operations as miners start to find the much-needed providers from Bots, Inc.

As beforehand reported, Bitcoinmagazine.com just lately wrote, “The scarcity of mining gear, not simply in North America however around the globe together with China, is a serious drawback within the business proper now. As the value of Bitcoin continues to hit all-time highs, there are placing strain on ASIC foundries and gear producers to satisfy demand from each newly clients and older mining corporations who have to improve to remain aggressive. Estimated wait instances for brand spanking new mining gear are at the very least six months, with main producers like Bitmain are bought out till September 2021. There has additionally been a major worth improve within the secondary marketplace for used ASICs.

Researchandmarkets.com launched a report on World Cryptocurrency Mining Market 2020-2024, in keeping with which the Cryptocurrency Mining Market is predicted to develop by $ 2.80B in 2020-2024 and attain a CAGR of seven% over the forecast interval.

Inner analysis by BOTS exhibits that the demand for out of date digital gadgets for cryptocurrency mining in rising markets can be a serious driver for the market.

Tens of millions of Bitcoins and Ethereum mining gear are in use within the US. Bitmain clients report excessive failure charges on main Bitcoin mining hardware with a failure charge of 20 to 30%, leading to an ever-increasing demand for our restore providers. Bitcoin miner’s restore capability within the US has lagged considerably.

Bots Inc would be the first service to launch and supply the primary bitcoin miners assure program in North America within the close to future.

About BOTS, Inc.

Publicly traded on the OTC markets beneath the image (BTZI), BOTS, Inc., headquartered in San Juan, Puerto Rico, is a diversified firm that develops and providers blockchain, cybersecurity and robotics options for its clients. The corporate is dedicated to driving the improvements required to form the way forward for digital robotic automation administration via digital know-how and decentralized blockchain options. The administration is devoted to the robust development of Distributed Asset Know-how and Robotic Course of Automation (RPA).

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Ahead-Wanting Statements

Sure statements on this press launch could also be “forward-looking statements”. Ahead-looking statements present present expectations of future occasions based mostly on sure assumptions and include statements that don’t relate on to historic or present information. Precise outcomes may differ materially from these expressed in such forward-looking statements as a result of varied essential elements disclosed within the firm’s filings. Along with these elements, precise future efficiency, outcomes, and outcomes may differ materially from extra normal elements together with, with out limitation, normal business and market circumstances and development charges, financial circumstances, and modifications in authorities and public coverage. The forward-looking statements contained on this press launch replicate the corporate’s views as of the date of this press launch. These views can change. Though the corporate could determine to replace these forward-looking statements at a later date, the corporate expressly disclaims any obligation to take action. These forward-looking statements shouldn’t be assumed to signify the corporate’s views as of the date of the press launch. Such forward-looking statements are dangers which are listed on the corporate’s web site and data.

Contact:

Paul Rosenberg

CEO

 

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