Blockchain Press Releases
CGTN: China, Solomon Islands ink comprehensive strategic partnership to upgrade ties
BEIJING, July 11, 2023 /PRNewswire/ — China and the Solomon Islands announced the establishment of a comprehensive strategic partnership featuring “mutual respect and common development for a new era,” in a move to upgrade bilateral ties during the Pacific nation leader’s visit to Beijing.
Since the two countries established diplomatic relations, their friendly cooperation has become a pacesetter for the relations between China and other island countries in the Pacific in spite of a relatively late start, Chinese President Xi Jinping said on Monday afternoon while meeting Prime Minister of the Solomon Islands Manasseh Sogavare.
The Solomon Islands established diplomatic relations with China in 2019 after cutting ties with the Taiwan region, officially recognizing the one-China principle alongside over 180 countries across the world.
Thriving cooperation projects
Cooperation between the two sides is a paradigm of unity, cooperation and common development for countries of different sizes, and for developing countries, Xi said.
“China is ready to enhance strategic communication and deepen cooperation in various fields with the Solomon Islands to ensure the steady progress of the bilateral ties and bring more benefits to the two peoples,” Xi said.
China is the Pacific nation’s largest trading partner with the total volume standing at $498 million in 2022, according to official numbers. Exports from the Solomon Islands to China take up two thirds of the country’s total exports.
The Chinese president added that the country is willing to ensure development and long-term stability of the island country, and is ready to share the development opportunities brought by Chinese modernization, strengthen synergy between the Belt and Road Initiative and the Solomon Islands’ Development Strategy 2035, expand practical cooperation in various fields, and expand imports from the Solomon Islands.
“China is supporting more Chinese enterprises to invest and do business in the Solomon Islands, and will continue to provide economic and technical assistance to the country without any political strings attached,” Xi said. He urged the two sides to expand friendly exchanges in fields like medical care and education, and said that China supports the Solomon Islands in hosting the 17th Pacific Games.
‘Respect sovereignty of each other’
During their talks, Xi stressed that China fully respects the sovereignty and independence of Pacific island countries, and upholds the equality of all countries, big or small.
China fully respects the will of Pacific island countries and pursues extensive consultation, joint contribution, shared benefits and win-win results. China fully respects the cultural traditions of Pacific island countries, and adheres to harmony in diversity and shared beauty of diverse cultures. China fully respects the unity and self-reliance of Pacific island countries, and supports them in implementing the 2050 Strategy for the Blue Pacific Continent, contributing to the building of a peaceful, harmonious, secure, inclusive and prosperous Blue Pacific, Xi said.
He also greatly appreciates the Solomon Islands’ firm adherence to the one-China principle, supports the Solomon Islands in safeguarding its national sovereignty, security and development interests, and supports the development path that the country itself has chosen.
China is committed to running its own affairs well, and will always be a builder of world peace, a contributor to global development and a defender of the international order, Xi noted.
China understands that island countries in the Pacific face severe challenges caused by climate change, and stands ready to strengthen exchanges and cooperation with them in such areas as meteorological services, disaster prevention and mitigation, and clean energy to help them implement the United Nations 2030 Agenda for Sustainable Development, Xi said.
He also said that China is willing to strengthen coordination and cooperation with the Solomon Islands, uphold genuine multilateralism, safeguard international fairness and justice, jointly oppose the Cold War mentality and hegemonism, and safeguard peace and stability in the Asia-Pacific region.
Noting that the decision to establish diplomatic relations with China was a correct choice, Sogavare said fruitful outcomes have been achieved in bilateral ties and China has become the Solomon Islands’ largest infrastructure partner and a reliable development partner.
The Solomon Islands firmly adheres to the one-China principle and is willing to maintain close high-level exchanges with China, strengthen exchanges and cooperation in trade, investment, cultural and sub-national areas, and jointly respond to global challenges such as climate change, Sogavare said, adding that the country opposes any actions that contain or aim to contain China’s development.
YT link for video: https://www.youtube.com/watch?v=ZkAMlIa-4tQ
Video – https://www.youtube.com/watch?v=ZkAMlIa-4tQ
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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
BlocksBridge Consulting
[email protected]
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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]
For updates, please follow: Bybit’s Communities and Social Media
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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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View original content:https://www.prnewswire.co.uk/news-releases/bybit-p2p-unlocks-20-000-usdt-prize-pools-for-select-users-in-south-asia-and-africa-302337255.html
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