Blockchain Press Releases
Huawei Unveils Three Innovative Data Center Facility Solutions at 2023 Global Smart Green Data Center Summit
ULANQAB, China, July 4, 2023 /PRNewswire/ — The 2023 Global Smart Green Data Center Summit took place on July 4th in Ulanqab, Inner Mongolia. With the theme of “Smart DC, Building the Green Future”, industry leaders gathered to discuss new opportunities, demands, and challenges for the data center industry in the AI computing era, with a focus on green data center practices. One highlight of the event was the unveiling of Huawei’s three innovative data center facility solutions.
In his opening speech, Hou Jinlong, President of Huawei Digital Power, emphasized that the accelerated digital transformation has increased global connections and computing power requirements, leading to a higher demand for data center construction. Huawei, through the integration of bit, watt, heat, and battery (4T) technologies, focuses on providing various-sized data centers and mission-critical power solutions for different businesses. The company aims to help the industry build future-proof green, simple, smart, and reliable data centers, enabling each watt to carry more computing power.
Charles Yang, President of Global Marketing, Sales and Services of Huawei Digital Power, delivered a keynote speech titled “Leveraging Computing Power to Build a Low-Carbon Smart Future.” He highlighted Huawei’s commitment to building a world-leading, robust, and secure technological system that integrates digital and power electronics technologies. This system supports global customers and ecosystem partners in building a low-carbon smart future for shared success in the thriving digital economy.
Unveiling Scenario-based Next-Generation Data Center Solutions
Fei Zhenfu, President of Huawei Data Center Facility Domain, unveiled the next-generation indirect evaporative cooling solution EHU and the mobile intelligent management solution iManager-M. These scenario-based data center solutions promise optimal reliability throughout the lifecycle and aim to drive the high-quality development of the data center industry.
To address the challenges of high energy consumption and low reliability of traditional cooling systems in large data centers, Huawei developed the next-generation indirect evaporative cooling solution EHU for ultimate energy saving and full-chain reliability.
- Green: Huawei-developed AeroTurbo fans and IceCube polymer heat exchangers optimize free cooling sources, improve cooling efficiency, save water and power, and achieve ultimate energy efficiency and green cooling in Ulanqab. The PUE is as low as 1.15, and the water usage effectiveness (WUE) is only 0.6 L/kWh.
- Reliable: Reliable architecture, equipment, and network security raise the system availability to 99.9999%. Distributed cooling architecture allows each device to run independently, ensuring zero impact when a device fails. The backup power system is directly connected, enabling 0 ms power switching and zero cooling interruption. CSPSH and IEC 62443-4-2 certified information security detection ensure zero impact of network attacks.
- Simple: Simplified deployment and O&M ensure minimum workload throughout the lifecycle. Hyper-converged prefabrication and integration of cooling and power systems shorten the delivery period from six months to three months. Modular hardware can be hot-swapped for maintenance within 3 minutes. With software-defined functions, backup power can be switched between fans or fans plus compressors with one click within minutes.
- Smart: The iCooling @AI energy efficiency optimization technology ensures the designed PUE and enables high-efficiency operation upon delivery. In indirect evaporative cooling scenarios, energy consumption will be reduced by 3%–5%.
Additionally, Huawei’s intelligent management solution, iManager-M, delivers the following benefits:
- Worry-free: The solution displays accurate KPIs and enables mobile O&M anytime anywhere. The streamlined Harmony UI style guarantees optimal user experience.
- Reliable: The iHealth monthly health report identifies potential risks in over 20 scenarios, enabling accurate health status of various devices. With five alarm notification modes designed, faults can be reported with one click, and logs are also sent to ensure rapid repair.
- Smart: iCooling@AI energy efficiency optimization facilitates on-demand intelligent cooling in smart modular data centers, reducing the PUE by over 15% and providing clear insights into energy-saving effects.
- Simple: With cloud-based software deployment, the solution reduces the CAPEX and enables the unified management of multiple data centers with diverse devices.
Building a FusionDC Ecosystem Solution with Partners for Shared Success
Shui Yu, General Manager of Huawei Data Center Facility and Critical Power Consulting and Ecosystem Solution Dept, unveiled the FusionDC Ecosystem Solution. Based on the “1+4+N” architecture, a “Huawei+Partner” model will be adopted to facilitate the prefabricated modular construction upgrade, helping customers achieve business success.
With continuous R&D investments and innovations in prefabricated modular data centers, Huawei upgraded its data center facility solutions from FusionDC 1.0 AIO to FusionDC 2.0, and to FusionDC 3.0, which was used to construct the world’s first building-level prefabricated modular data center.
Based on the “1+4+N” architecture, FusionDC 5.0, the next-generation prefabricated modular data center solution, helps customers deploy around a thousand racks in just half a year, shortens the time to market (TTM) by 50%, reduces the PUE to 1.15 (in Beijing), and improves the recyclability from 30% to 85%.
The success of FusionDC 5.0 cannot be achieved without the support of ecosystem partners. Looking ahead, Huawei will focus on partners of three categories – consulting and design, solution development, and integrated delivery – based on ecosystem solutions to fully leverage mutual advantages and build a thriving ecosystem for shared success.
In response to emerging opportunities of AI computing power, Huawei is eager to work with customers and ecosystem partners to explore more scenarios, continuously innovate, and jointly establish a solid foundation for the digital world with competitive products and solutions, building a win-win, low-carbon, and smart future for the data center industry.
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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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