FERN BITCOIN NEWS at the bell yesterday! $400,000
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Posted On: 12/15/2017 8:47:38 AM
FERN BITCOIN NEWS at the bell yesterday! $400,000 purchase order!
Fernhill Corporation Receives $400K Purchase order for Bitcoin Mining Backup Power Supply Systems.
Date : 12/14/2017 @ 3:51PM
Source : InvestorsHub NewsWire
Stock : Fernhill Corp. (PL) (FERN)
Quote : 0.0018 0.0 (0.00%) @ 7:28AM
Fernhill Corporation Receives $400K Purchase order for Bitcoin Mining Backup Power Supply Systems.
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Alert
Fernhill Corporation Receives $400K Purchase order for Bitcoin Mining Backup Power Supply Systems.
Fountain Hills, AZ -- December 14th, 2017 -- InvestorsHub NewsWire -- 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.
Contact:
Steven Weiss
Kinsley Street Investors
steveweiss@kinsleystreet.com
www.kinsleystreet.com
609.619.7908
Contact:
Adam Kovacevic
info@fernhillcorporation.com
van man's 2 cents
OK let me give it a whirl based on today's PR...
There are 3 immediate values I see to the battery backup:
1. A HOT machine is not immediately unpowered to lose its ability to cool the expensive chips. These mining rigs run anywhere from 40-55C and are HOT. The battery system would allow for the powerful fans to continue cooling the hot circuit boards. These rigs are also increasingly MORE EXPENSIVE costing upwards of $5K for one that is in-hand. Search for "Antminer S9" on Ebay. You don't want power outages to damage expensive equipment!
2. If the circuit the miner is on trips then the mining can continue uninterrupted while the circuit is flipped back or replaced with higher amp circuit. Time is money with these mining rigs.
3. This is what I'm most excited about -- there may be a way to complement the use of power with these backups. Could these batteries perpetually store and deploy renewable energy? Hmmmmmmmmmmmmmmmmm
Guys it looks like it is MORE than just a backup to me... "These units will be designed and built utilizing the Fernhill solar and battery storage systems."
Here is an existing backup product. These backups would not be SMALL as the miners take huge amounts of juice to run correctly. https://oksolar.com/lion/Item/bitcoin-mining-...backup-ups
Fernhill Corporation Receives $400K Purchase order for Bitcoin Mining Backup Power Supply Systems.
Date : 12/14/2017 @ 3:51PM
Source : InvestorsHub NewsWire
Stock : Fernhill Corp. (PL) (FERN)
Quote : 0.0018 0.0 (0.00%) @ 7:28AM
Fernhill Corporation Receives $400K Purchase order for Bitcoin Mining Backup Power Supply Systems.
Alert
Fernhill Corporation Receives $400K Purchase order for Bitcoin Mining Backup Power Supply Systems.
Fountain Hills, AZ -- December 14th, 2017 -- InvestorsHub NewsWire -- 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.
Contact:
Steven Weiss
Kinsley Street Investors
steveweiss@kinsleystreet.com
www.kinsleystreet.com
609.619.7908
Contact:
Adam Kovacevic
info@fernhillcorporation.com
van man's 2 cents
OK let me give it a whirl based on today's PR...
There are 3 immediate values I see to the battery backup:
1. A HOT machine is not immediately unpowered to lose its ability to cool the expensive chips. These mining rigs run anywhere from 40-55C and are HOT. The battery system would allow for the powerful fans to continue cooling the hot circuit boards. These rigs are also increasingly MORE EXPENSIVE costing upwards of $5K for one that is in-hand. Search for "Antminer S9" on Ebay. You don't want power outages to damage expensive equipment!
2. If the circuit the miner is on trips then the mining can continue uninterrupted while the circuit is flipped back or replaced with higher amp circuit. Time is money with these mining rigs.
3. This is what I'm most excited about -- there may be a way to complement the use of power with these backups. Could these batteries perpetually store and deploy renewable energy? Hmmmmmmmmmmmmmmmmm
Guys it looks like it is MORE than just a backup to me... "These units will be designed and built utilizing the Fernhill solar and battery storage systems."
Here is an existing backup product. These backups would not be SMALL as the miners take huge amounts of juice to run correctly. https://oksolar.com/lion/Item/bitcoin-mining-...backup-ups
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