Parkersburg, WV – TEKX MINING AND GAMING PC SOLUTIONS LLC and its parent Company (OTC: BTZI), a global technology conglomerate specializing in Blockchain-based solutions, including decentralized finance applications, cybersecurity, crypto generation, Bitmain Certified Bitcoin mining equipment repair, and extended warranties, announced today that TekX will be attending and exhibiting at Mining Disrupt Expo, taking place at the Miami Convention Center in Miami, Florida, from July 26 to July 28, 2022.
Mr. Joe Florence, TekX’s Co-founder and CEO, will deliver a keynote speech at the Expo. The goal of this speech, titled, “7 Secrets of Miner Repairs”, is to share TekX’s 35 years of experience in electronics manufacturing and how TekX applies this experience to DISRUPT the crypto miners’ repair industry.
The North American Bitcoin repair and maintenance market is expected to see substantial growth year after year. A significant contributor to this growth is due to offshore bitcoin mining companies rearranging their global geographical operations and increasing their North American presence. Contributing to this transition was the government closure of Chinese commercial mining activities. This act alone resulted in overnight operational challenges and mass migration of mining farms to North America.
The USA domestic crypto miner repair and maintenance market is highly fragmented and filled with small local repair shops. The average shop offers in-house repair and maintenance services for crypto miners performed by independent commercial operators, with such services augmented by the sale of replacement parts.
An increase in the failure rates of existing, “in-the-field” crypto miners and the cost benefits of repairing this older mining equipment rather than disposing of such units are expected to drive the bitcoin miner repair and maintenance market for years to come.
Both branded and non-branded miners currently flood the market regularly. Such miners are often found to be made with poor quality materials, lack technical documentation, or lack regular maintenance. The TekX approach to addressing this wave of non-operating miners is to offer a Market Disrupting Solution. TekX plans to develop and manufacture improved, aftermarket products for miners with a focus to make the repair of the related hashboards a cost-effective solution rather than forcing the owner to buy a new miner. This will develop brand loyalty and the enhanced trust of our customers.
TekX has exclusively introduced a significant Market Disruptive Innovation by offering Extended Warranty Service Contracts for 12, 24, and 36 months. In Addition, TekX is actively addressing today’s global computer chip “ASIC” shortage that is negatively impacting all electronic manufacturing and repair facilities. To minimize this impact on our customers, and eliminate extended repair down-time, TekX is developing a North American centralized supply chain management platform for all required parts, components, and technical manuals to be available to the industry.
To book a meeting with the TekX Team at Mining Disrupt or for information about mining, please message https://t.me/TekXMinerRepair or stop by booth 79 at the Expo. Join our team in discussing the state of the mining industry with miners, crypto enthusiasts, and other attendees of the Mining Disrupt Expo.
Forward-Looking Statements
Certain statements contained in this press release may constitute “forward-looking statements.” Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as may be disclosed in the Company’s filings. In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors, including (without limitation) general industry and market conditions and growth rates, economic conditions, and governmental and public policy changes. The forward-looking statements included in this press release represent the Company’s views as of the date of this press release, and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company’s views as of any date subsequent to the date of the press release. Such forward-looking statements are risks that are detailed on the Company’s website and filings.
Source: BOTS, Inc.
