Blockchain Press Releases
‘Artificial Intelligence will never be able to beat the complexity of Nature’s Intelligence’
- AI, technology dominate discussion at UK-India Week’s concluding event
- UK-India Week culminates with Founders and Funders Retreat in Windsor
- India’s thriving tech and startup ecosystem in focus at day-long retreat
- IGF Inspiring Journeys spotlights enterprising women entrepreneurs from Ladakh
- IGF Inspiring Journeys showcases Olympic medallist Mary Kom’s journey
LONDON, July 2, 2023 /PRNewswire/ — India Global Forum’s UK-India Week 2023 culminated with the second Founders and Funders Retreat in Windsor on June 30. The retreat witnessed speakers from the UK and India discuss the themes of emerging technologies, financing future technology, and inspiring journeys.
Artificial intelligence was the key focus, as participants explored its collaborative potential, impact across sectors, and the convergence of sports, media, and social networks in the tech era.
Agam Khare, Founder, Absolute, cast the debate as between Artificial Intelligence and Nature’s Intelligence. “Everything we are talking about AI or computing power will never be able to beat the complexity that nature presents to us. The real intelligence is Nature’s Intelligence. AI is good, but AI is just a tool to Nature’s Intelligence. Nature’s Intelligence is four and half billion years old. To think that something that is less than a hundred years old can beat something that is four billion years is a bit of an extension.”
Builder.ai Co-founder Sachin Duggal stated, “There are about 500 experts on AI, yet hundred thousand people claiming to be experts and trying to define policy. You have a massive information paradox where you are making decisions in a vacuum without really understanding the security implications. Regulation is about bringing the right people to the room.”
Dr Marsha Quallo-Wright, Deputy Director for Critical National Infrastructure, National Cyber Security Center, UK, spoke about security concerns, “Understanding technology from a security perspective is vital; resilience includes security but extends beyond it when it comes to AI.”
The retreat also witnessed the first-ever ‘IGF Pitchers and Punters’ – where British startups pitched ideas to Indian investors, and ‘Tank the Shark’ – where founders pitched ideas to the audience.
Lord Karan Bilimoria, Founder and Chairman, Cobra Beer said, “One of my favourite sayings is, good judgment comes from experience, and experience, comes from bad judgment. There’s no shortcut to making the mistakes, and I made many, many mistakes.”
The evening concluded with Inspiring Journeys, featuring four women entrepreneurs from remote villages in Ladakh, and Olympic boxing medallist Mary Kom.
Nima Goos Goos Co-founders Padma Angmo and Rigzin Angmo, and Ladakh Brew Co-founders Deachen Chusket and Jigmet Angmo recalled their entrepreneurial journey, wanting to showcase Ladakhi traditions globally. Rigzin Angmo said, “Ladakh has an abundance of high-nutrient crops & herbs but sadly not in the market. We started our business to share the goodness of Ladakh.”
Boxing legend Mary Kom said, “I have been fighting for 20 years. I am a mother to 4 children. Becoming a champion is not easy. But if our mind is focused on our work and profession, then nobody can stop us.”
Speaking about her boxing foundation for underprivileged children she reminisced, “I thought what will I do after retirement. I will not stay at home. I thought I will do something for my country. I just want to give back to my country. Initially I didn’t have any money from sponsors, corporates, govt reward money was very less. But I thought it was the right time and I started the foundation even though we did not have proper infrastructure. We started in the fields…. Now, I have a proper boxing ring, hostel, gym, and world champions from my academy.”
Reflecting on IGF, Founder and Chairman Manoj Ladwa said, “My entrepreneurial journey actually started as a lawyer. I started my first law firm when I was 27. When I pivoted and set up this platform, I was upset about how India was being portrayed to the world as a glass half-empty. So, I wanted to set up something where like-minded people could get together and say, there are issues, there are cracks. But overall, on balance, the glass is actually half full or bit more than half full. It was an emotional reaction that led to what where we are now.”
The retreat concluded UK-India Week – six days of curated panels, keynote speeches, and exclusive networking with 150+ speakers and 2,000+ participants across 12 marquee events in London and Windsor.
For highlights, speakers, and programme details, click here
About India Global Forum
IGF is the agenda-setting forum for international business and global leaders. Find out more here
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Blockchain Press Releases
Compass Mining Scales Texas Operations with 25 MW Bitcoin Mining Facility, Plans Further Expansion
Energizes Over 50 MW in 2024 Across Six States, with 35 MW Coming Online by January 2025
WILMINGTON, Del., Dec. 20, 2024 /PRNewswire/ — Compass Mining (“Compass” or the “Company”), a leading provider of Bitcoin mining hardware, hosting, and operational solutions, proudly announces the addition of a new 25 megawatts (MW) Bitcoin mining facility in Texas to its growing network of North American operations. The facility is already fully built out and will be operational with an initial 5 MW of capacity by year’s end, scaling to 25 MW in early January 2025. Compass also plans to expand the facility’s capacity to 60 MW by Q3 2025.
The new Texas facility will house a mix of relocated machines from Compass’s existing sites, as well as newly deployed units, ensuring continuity for current customers while offering new clients a seamless and turnkey Bitcoin mining experience. By January 2025, new customers purchasing machines through Compass’s platform will have the option to deploy them at the “Texas 6″ site.
“Our new Texas facility represents another milestone in our mission to make bitcoin mining more accessible for everyone,” said Paul Gosker, CEO of Compass Mining. “We bring a wealth of experience from successfully operating at multiple locations across Texas, navigating the unique grid dynamics and leveraging local resources. For this site, we will provide our support and expertise, including assisting our site partner in hiring expert technicians who meet Compass’s high standards. This ensures high uptime and reliability, delivering the quality our customers expect.”
Compass’s strategy combines vertical integration through proprietary facilities, such as the new Iowa 4 site, with partnerships at third-party facilities renowned for high uptime and reliability. This dual approach allows the company to maintain operational flexibility while delivering reliable hosting solutions. The company has energized a total of approximately 50 MW of power capacity across mining facilities in Indiana, Iowa, Ohio, Kentucky, Nebraska, and Texas in 2024, with plans to add another 35 MW by January 2025.
About Compass Mining
Compass Mining is a customer-first company that provides a platform for individuals and businesses to purchase Bitcoin mining hardware, host machines, build and manage mining facilities, and access a range of ancillary services. With a commitment to exceptional customer support and transparency, Compass Mining sets the benchmark for bitcoin mining hosting. Its mission is to make Bitcoin mining accessible to everyone. To learn more about Compass Mining or to start mining today, visit compassmining.io.
Media Contact
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DUBAI, UAE, Dec. 20, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, will be extending the festive fun with lavish virtual gifts for Bybit Card holders. From Dec. 20, 2024 to Jan. 31, 2025, with every swipe of their Bybit Card, users may get a chance to unwrap mystery gift boxes, including 1,000 in USDT and other exciting airdrops from DOGE to BTC—all rewards, no catches.
For each 100 USDT spent in eligible purchases with the Bybit Card, users will receive a lucky draw ticket to redeem a gift box on Bybit. Each gift box promises a crypto reward—from Christmas baubles in DOGE, SOL, ETH, XRP and BTC airdrops, all the way up to the grand prize of 1,000 in USDT. Registration is required and the special Holiday Giveaway ends at the end of Jan. 2025.
For users looking for a convenient way to utilize their crypto assets for daily spendings and debit payments, it is not too late to apply for the Bybit Card. The application and verification process takes minutes, and a virtual card will be issued as soon as the card is approved, enabling seamless digital payment on Apple and Android devices in applicable regions.
“The Bybit Card takes the hassle out of crypto off-ramp for regular users and weaves rewards and benefits into daily spendings. On top of regular cashbacks, we are introducing extra perks as our token of thanks to wrap up an eventful year in crypto,” said Joan Han, Sales and Marketing Director at Bybit.
The Bybit Card made expansive global footprints 2024 as crypto adoption continues to rise in the past year. Trusted and frictionless crypto payment solutions are in demand in various parts of the world, and Bybit is one of the natural habitats of crypto native consumers. Spanning from Buenos Aires to Amsterdam, the Bybit Card community is growing and so are the perks:
- Up to 10% cashback in USDT, BTC and ETH on eligible purchases
- Zero fees for instant virtual card issuance
- Zero annual or hidden fees
- Up to 8% APY
Enjoy this festive season in all its splendor. Eligible Bybit Card holders from all regions are welcome; terms and conditions apply: Bybit Card Holiday Giveaway: Swipe, Spend & Sparkle!
#Bybit / #TheCryptoArk #theBybitCard
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
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Blockchain Press Releases
Bybit P2P Unlocks 20,000 USDT Prize Pools for Select Users in South Asia and Africa
DUBAI, UAE, Dec. 20, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, will be concluding 2024 with lucky spins all around for eligible users on Bybit P2P. With a chance at two grand bonus pools of 10,000 USDT each, select users in parts of South Asia and Africa stand to make the most of their P2P trades at Bybit.
From now to Dec. 31, 2024, eligible users may create their own P2P trading bonus at Bybit and unlock 100% chance of winning:
- South Asia: Eligible users in South Asia may sign up for the Grand Spin Extravaganza
- Africa: Eligible users may register to enter the P2P Prize Spinner
Successful participants may complete one or more referral, deposit, or trading tasks to earn up to 10 Lucky Draw Tickets. Tasks start at beginner level including a first-time deposit of 10 USDT. With a Ticket, users get to spin the wheel of fortune for a guaranteed airdrop from the 10,000 USDT Prize Pool.
As communities in the Global South start to build and diversify their wealth, millions are in dire need of modernized and inclusive financial infrastructures. The digital asset class offers an alternative for grassroot investors in emerging markets, demonstrating transformative power to shape the future of growth.
Bybit’s peer-to-peer trading platform provides user-friendly and trusted tools for P2P merchants and buyers. Users can compare and execute trades at an optimal price agreed upon by both parties, carried out on Bybit’s ultra smooth trading platform at zero fees. Supporting over 60 fiat currencies and over 300 payment methods, Bybit P2P contributes to democratizing access to the digital economy.
Users who have completed Bybit Identity Verification Level 1 may log in to confirm their eligibility. Terms and conditions apply.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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