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Cryptoblox Technologies Inc C.BLOX

Alternate Symbol(s):  CRYBF

CryptoBlox Technologies Inc. is a Canada-based blockchain technology infrastructure company. It is focused on building out its diversified blockchain ecosystem strategy that consists of digital asset mining and infrastructure, mining products and technology, and structured digital asset products and blockchain payments. Its infrastructure is based on the value chain that stems from off-grid/alternate energy powered digital asset mining, along with a diversified portfolio of sustainable mining and blockchain fintech products and services enabled by both the sustainable mining products and technology and structured blockchain products and services divisions. It is focused on providing alternate energy solutions to power digital asset mining operations throughout North America (Redwater, Alberta). Redwater is a modular air-cooled data center facility powered by flared gas and equipped with heat recapture capabilities. It also owns approximately five IceRiver KS3 Kaspa mining units.


CSE:BLOX - Post by User

Comment by Moemoney42on Mar 16, 2021 9:55am
115 Views
Post# 32806649

RE:RE:News!!!

RE:RE:News!!!Whats really impressive over and above all the impressive details ACDC has been putting out lately is also this.. These are HUGE advantages..!!!!  quote"

"Artificial intelligence

The company's patented BMS technology is powered by artificial intelligence (AI), which not only bolsters superior battery monitoring, but also allows for remote maintenance and machine learning capabilities. This technology is intended to provide greater efficiency, greater reliability and increased safety.

Powered by renewable energy

Given the intermittent nature of renewable energies such as wind and solar power, they are not a reliable source of power for EV charging stations. However, the company's new EV smart charger is expected to solve the intermittent issue by storing the power and then discharging the electricity into the EV charger even when the sun is not shining or the wind is not blowing. The EV smart charger's AI (artificial intelligence) capabilities is expected to be more efficient with each use as the machine learning will target the best times to be charging and discharging to maximize safety as well as the life of the battery.

Arbitrage -- peak shaving

By having the ability to store power, customers of the EV smart charger are able to charge the battery during the off-peak hours and then discharge the electricity into the EVs during peak hours. This spread between peak and off-peak hours, can be very significant in major cities, with the prices more than doubling or tripling in peak periods.

No extra connection costs

As many building owners have learned, the addition of charging stations usually requires a significant connection cost by the power utility company. This is due to the increased power required during peak hours. However, since the battery can be charged during off-peak hours, the building owners are able to potentially avoid this connection fee, by running EV smart chargers and only discharging electricity to the EVs from the stored battery electricity.

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