But SAITech, a Eurasia-based Bitcoin mining operator with headquarters in Singapore, seeks to recycle the waste energy from mining for use in residential, agricultural, and industrial applications. The company is also undergoing a $228 million special purpose acquisition company, or SPAC, merger with TradeUP Global Corp for its stock to list on the NASDAQ exchange. In an exclusive interview with Cointelegraph, SAITech’s CEO Arthur Lee discussed the company’s heat capture technology, its efficiency, energy use of mining rigs, and the road ahead after its SPAC merger:
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Source: Cryptocurrency - investing.com
