Group 1 - SAIHEAT Limited has joined the 1CP program, aimed at reducing electricity costs for energy-intensive industries, aligning with its mission for operational efficiency and sustainability in the digital asset sector [1][3] - The 1CP program allows select customers to have demand-based charges calculated based on their load during critical peak periods, optimizing energy costs and improving profitability [2] - Participation in the 1CP program is expected to lower operational expenses for SAIHEAT, enhancing its position as a leader in sustainable and cost-effective mining and high-performance computing [3] Group 2 - SAIHEAT Limited operates in computing and energy sectors, providing BTC joint computing power, AI cloud computing services, liquid-cooled computing centers, and small modular nuclear products [4] - The company was formerly known as SAI.TECH Global Corporation and became publicly traded on Nasdaq through a merger in May 2022 [5]
SAIHEAT Announces Joining 1CP Program to Optimize Energy Costs for Bitcoin Mining