BOTS INC ANNOUNCES INDUSTRY'S FIRST COMBINED HASHING POWER AND BITCOIN MINERS' PRODUCT WARRANTY

SAN JUAN, May 04, 2021 (GLOBE NEWSWIRE) -- BOTS, Inc. (OTC: BTZI), ("The Company") a vertical integrator and an emerging innovator of products, I.P. licensing, commercialization of technologies, services for the rapidly growing digital robotics automation, cybersecurity, and manufacturing industry announced today the industry's first combined hashing power and bitcoin miners' product warranty.

The warranty covers labor on all components of the bitcoin mining rig, including the availability of remote monitoring services, mining rig hardware coverage, and racking systems.

This new BOTS Inc "MinerGuard" extended warranty applies to labor in addition to the product, original equipment manufacturer, Bitmain – the world's leading producer of cryptocurrency mining hardware when installed by a Bitmain authorized installers. Coverage under the MinerGuard warranty is now available to all Bitmain mining rigs, new and used.

"The MinerGuard full-comprehensive warranty ensures bitcoin mining farm operators have complete peace-of-mind while making managing mining operations easier and more efficient," said Simon Rubin, Chairman of Bots Inc. "Bots Inc listens closely to industry trends, customers feedback and is always trying to create products and solutions that meet the market's needs. The initial response to our bitcoin miners warranty programs is very positive from the warranty coverage introduction, and it became clear that there is a need to offer this type of extended warranty to the Bitcoin mining industry."

Bots will additionally offer a hashing Power Warranty that Guarantees stable bitcoin hashing Production throughout the Life of the bitcoin mining farm. The Company plans to utilize an advanced A.I. engine that optimizes extended warranty offers.

The extended miner warranty program will initially be covering Bitmain manufactured miners, and soon, BTZI will add coverage for Canaan Inc miners, MicroBT Whatsminer, and other leading bitcoin miner manufacturers.

The Company announced earlier the availability of bitcoin mining repairs through an authorized national bitcoin miners' repair center, which is now fully operational.

As reported by Coindesk recently: The U.S. and Canada currently account for less than 10% of global crypto mining hash power. There are around 15 large-scale bitcoin mining facilities operating in North America.