InvestorsHub Logo
Followers 1
Posts 686
Boards Moderated 0
Alias Born 03/09/2017

Re: None

Thursday, 02/22/2018 11:56:03 AM

Thursday, February 22, 2018 11:56:03 AM

Post# of 531
The recent PR (quoted below) caught my eye. It seems they have something that can turn waste heat into usable energy, and that this technology has nothing in particular to do with cryptocurrency mining. I can think of two possible reasons to make the crypto connection. 1) Just to try to ride the crypto hype wave; or 2) they don't actually own the tech that converts energy, so they are trying to own its specific application to facilities that do crypto mining. Both possibilities seem sketchy. Any alternative theories?

--
Calverton, NY - Graphene 3D Lab Inc. (the "Company" or "Graphene") today announced that it has filed a patent application entitled "Method and System for Recovering and Utilizing Heat Energy Produced by Computer Hardware in Blockchain Mining Operations" with the United States Patent and Trademark Office. The invention introduces a revolutionary new technology for recuperating the thermal energy produced in the computation and Blockchain operation, utilizing that recovered thermal energy in heating and/or refrigeration modules using graphene.