FERN nice news at the close Fernhill Corporation Receives $400K Purchase Order for Bitcoin Mining Backup Power Supply Systems PR Newswire "Press Releases US - English"
FOUNTAIN HILLS, Ariz. , Dec. 14,2017 /PRNewswire/ -- Fernhill Corporation . (OTC PINK: FERN) Fernhill Corporation proudly announces a $400K USD purchase order received from U.K. Based Totally Sun Powered Limited to design and build an off-grid backup power supply system for bitcoin mining. These systems will be designed to provide bitcoin mining servers with a backup system that will incorporate fail safe capabilities.
The initial presented purchase order will consist of 10 units with a budgeted cost of $40K USD per unit. These units will be designed and built utilizing the Fernhill solar and battery storage systems.
CEO Adam Kovacevic states, "We are thrilled to receive this initial purchase order from UK based Totally Sun Powered Limited . We will immediately begin designing a turnkey battery backup and power generation solution that can be integrated into hardware currently dedicated for bitcoin mining operations. This purchase order will mark our entry into the bitcoin mining server space where we believe that there is a growing demand for these types off-grid power requirements."
"We want to position ourselves as a leader in providing services and solutions for the backup power requirements in bitcoin mining operations. We believe that our backup power storage and generation solutions can crosspollinate into several other emerging markets where advanced off grid backup solutions are needed," CEO Adam Kovacevic concludes.
About Fernhill Corporation
Incorporated in Nevada with operations in North America , Fernhill Corporation is currently focused on development, acquisitions and or partnerships in energy based sectored businesses. Fernhill Corporations core products are based in alternative powered products in the renewable energy and technology sectors. The Fernhill corporate asset base will be established by its current and future patent applications.
Safe Harbor Act: Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.
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SOURCE Fernhill Corporation
FOUNTAIN HILLS, Ariz. , Dec. 14,2017 /PRNewswire/ -- Fernhill Corporation . (OTC PINK: FERN) Fernhill Corporation proudly announces a $400K USD purchase order received from U.K. Based Totally Sun Powered Limited to design and build an off-grid backup power supply system for bitcoin mining. These systems will be designed to provide bitcoin mining servers with a backup system that will incorporate fail safe capabilities.
The initial presented purchase order will consist of 10 units with a budgeted cost of $40K USD per unit. These units will be designed and built utilizing the Fernhill solar and battery storage systems.
CEO Adam Kovacevic states, "We are thrilled to receive this initial purchase order from UK based Totally Sun Powered Limited . We will immediately begin designing a turnkey battery backup and power generation solution that can be integrated into hardware currently dedicated for bitcoin mining operations. This purchase order will mark our entry into the bitcoin mining server space where we believe that there is a growing demand for these types off-grid power requirements."
"We want to position ourselves as a leader in providing services and solutions for the backup power requirements in bitcoin mining operations. We believe that our backup power storage and generation solutions can crosspollinate into several other emerging markets where advanced off grid backup solutions are needed," CEO Adam Kovacevic concludes.
About Fernhill Corporation
Incorporated in Nevada with operations in North America , Fernhill Corporation is currently focused on development, acquisitions and or partnerships in energy based sectored businesses. Fernhill Corporations core products are based in alternative powered products in the renewable energy and technology sectors. The Fernhill corporate asset base will be established by its current and future patent applications.
Safe Harbor Act: Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.
View original content:http://www.prnewswire.com/news-releases/fernhill-corporation-receives-400k-purchase-order-for-bitcoin-mining-backup-power-supply-systems-300571723.html
SOURCE Fernhill Corporation
