Energy Plug Introduces Plug-and-Play Battery Energy Storage System Cryptocurrency Mining Rig Containers

November 19, 2024

Vancouver, British Columbia–(Newsfile Corp. – November 19, 2024) – Energy Plug Technologies Corp. (CSE: PLUG) (OTCQB: PLGGF) (FSE: 6GQ) (“Energy Plug” or the “Company”) is pleased to announce the launch of its state-of-the-art plug-and-play Battery Energy Storage System (BESS) Mining Rig Containers. This new product line is expected to help the cryptocurrency mining industry by delivering a versatile, energy-efficient, and highly scalable solution for modern mining operations.

The plug-and-play BESS Mining Rig Containers integrate advanced battery energy storage systems with high-performance mining rigs, creating a fully self-contained and portable solution. These containers are designed to enable rapid deployment across various locations, from remote sites to urban settings, requiring minimal infrastructure for setup.

Each container is engineered for seamless integration with multiple energy sources, including grid power, solar panels, and wind turbines. Equipped with BESS technology, these containers optimize energy use through load balancing and peak shaving, allowing mining operators to store energy during off-peak periods and discharge it when energy prices are at their peak. This capability significantly lowers electricity costs and improves overall operational efficiency.

The EPTMINER-V1 container is built to stringent international standards and delivers unparalleled performance and reliability. With dimensions of 6058 x 2438 x 2896 mm ISO Standard container, it supports over 190 miners. Designed for versatility, the containers are compatible with regional power standards (415V/60Hz for North America and 400V/50Hz for Europe and the Middle East) and will include advanced safety certifications such as NFPA 79:2021 and UL 508A:2018.

The containers also feature off-grid functionality, making them ideal for deployment in regions with unreliable or expensive grid access. Advanced cooling systems and fire suppression technology ensure temperature control and safety compliance, protecting equipment and personnel. Their scalable and modular design allows for easy expansion, enabling mining operations to grow seamlessly by adding additional containers as needed.

Integrated smart monitoring systems provide real-time tracking of energy consumption, system performance, and operational health through an intuitive dashboard. This level of oversight allows operators to manage their energy resources effectively and maintain optimal performance with minimal manual intervention.

President and CEO, Brodie Gunning, states, “The launch of our plug-and-play BESS Mining Rig Containers marks a new era for cryptocurrency mining. We are committed to supporting crypto miners with solutions that reduce costs, enhance efficiency, and promote sustainable energy practices.”

The EPTMINER-V1 will be made available by pre-order from the company website in the coming weeks.

About Energy Plug Technologies Corp.

Energy Plug Technologies Corp. is an energy technology company dedicated to innovation and sustainability. With a focus on residential, commercial, and utility energy storage applications, our goal is to advance battery technologies to enhance energy management and grid resiliency. Based in British Columbia, we seek to leverage strategic partnerships with Indigenous communities and the development of a vertically integrated supply chain involving industry-leading companies in Taiwan to provide advanced solutions to our customers and partners. For more information about Energy Plug, visit our website at https://energyplug.com.

Contact Information

Energy Plug Technologies Corp.
Broderick Gunning
President & CEO
brodie@energyplug.com

Investor Relations
Renmark Financial Communications Inc.
1900 – 130 King Street West, Toronto, ON M5X 1E3
John Boidman: jboidman@renmarkfinancial.com
Tel.: (416) 644-2020 or (212)-812-7680
www.renmarkfinancial.com

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