Fernhill Announces Completion of a Power Supply Prototype for Crypto Mining
06 Março 2018 - 1:55PM
InvestorsHub NewsWire
Fountain Hills, AZ. -- March
6th, 2018 -- InvestorsHub NewsWire
-- Fernhill Corporation. (USOTC
PINK: FERN)
Fernhill Corporation is pleased to
report the development and buildout of its first crypto mining
power supply energy saving unit the PSESU-5000. This master unit
“coined” the “Pegasus-5000” is a (5000Wh Power Supply Electricity
Saving Unit) that has been designed to supply up to 3KW of
continuous AC power for multiple mining servers.
The Pegasus platform incorporates a
user programmable automatic switchover between its internal lithium
battery bank and the mains power supply to take full advantage of
off-peak electricity pricing. The Pegasus master control unit can
control up to 16 individual battery banks that can power up to 32
crypto mining servers simultaneously. This operation can save up to
30% on the cost of electricity by peak shaving while crypto mining.
A peak shaving system that is targeted to crypto mining is a
welcome addition to virtually any crypto miner or mining
farms.
Peak shaving is accomplished in the
unit by a user friendly programmable software that defines
desirable off-peak times to charge onboard internal batteries. On
board logic circuitry makes the final decision to charge the unit
when the batteries are depleted and the software signal confirms
that the peak shaving parameters are met. The Pegasus platform has
the ability to switch power back and forth from battery to mains
with continuous uninterrupted operations in a crypto mining
process.
The Pegasus 5000 prototype is now in
transit from our development engineers overseas to the base
operations in Arizona for quality control. Over the next few weeks
we will be meeting with our initial client to finalize design specs
for commercialization and other potential
applications.
CEO Adam Kovacevic stated “We have
spent countless hours designing and building a self-regulating,
peak shaving platform for the crypto mining community. We are
pleased with the progress we have made over the last several weeks
and will be unveiling our crypto mining system with peak shaving
capabilities on the corporate website.” Kovacevic adds “During this
extensive research and buildout process we were able to identify
several potential patents that we will be further examining over
the next several months.”
The next generation of the Pegasus
platform will include a 5000X model. The 5000X design will
incorporate all of the same features of the standard Pegasus-5000
and in addition will have the ability to charge via solar power.
The high flexibility of this design enables the user to decide how
much solar power they need according to power requirements, budget,
and desired electricity savings.
About Fernhill
Corporation
Incorporated in Nevada with
operations in North America, Fernhill Corporation is currently
focused on development, acquisitions and or partnerships in energy
based sectored businesses. Fernhill Corporations core products are
based in alternative powered products in the renewable energy and
technology sectors. The Fernhill corporate asset base will be
established by its current and future patent
applications.
Safe Harbor Act: Forward-Looking
Statements are included within the meaning of Section 27A of the
Securities Act of 1933, and Section 21E of the Securities Exchange
Act of 1934, as amended. All statements regarding our expected
future financial position, results of operations, cash flows,
financing plans, business strategy, products and services,
competitive positions, growth opportunities, plans and objectives
of management for future operations, including words such as
"anticipate," "if," "believe," "plan," "estimate," "expect,"
"intend," "may," "could," "should," "will," and other similar
expressions are forward-looking statements and involve risks,
uncertainties and contingencies, many of which are beyond our
control, which may cause actual results, performance, or
achievements to differ materially from anticipated results,
performance, or achievements. We are under no obligation to (and
expressly disclaim any obligation to) update or alter our
forward-looking statements, whether as a result of new information,
future events or otherwise.
Contact:
Steven Weiss
Kinsley Street
Investors
steveweiss@kinsleystreet.com
www.kinsleystreet.com
609.619.7908
Contact:
Adam Kovacevic
info@fernhillcorporation.com
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