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Blockchain Press Releases

Champions crowned as Riyadh Masters 2023 wraps up Dota 2 action at Gamers8

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20 elite teams battled to be crowned Riyadh Masters 2023 champion, and Team Spirit claimed a share of the $15,000,000 prize pool

RIYADH, Saudi Arabia, July 31, 2023 /PRNewswire/ — The Dota 2 Riyadh Masters 2023 competition wrapped up yesterday after 12 days of thrilling matches featuring 20 elite teams vying for victory and taking home a share of the $15,000,000 prize pool. As one of the premier tournaments in the Dota 2 calendar, Riyadh Masters 2023 ran the globe’s greatest teams through a round-robin group stage and then double-elimination playoffs in the popular multiplayer online battle arena (MOBA).

Among the teams competing for the top prize was Dota 2 powerhouse Team OG, the first team in Dota 2 history to win four Dota Major Championships. Team Tundra Esports, reigning champions of Dota’s iconic “The International” tournament, also headed into the 2023 Masters amongst the favorites. Of course, there could only be one winner, and this achievement went to  Team Spirit, who triumphed in the final, beating Team Liquid in an encounter for the ages.

The $15,000,000 prize pool is the largest available of any Dota 2 competition this season, and the action did not disappoint, with the stakes being so high. Over 120,000 fans tuned in to the official broadcast on Twitch to witness the epic showdown. Team Spirit reached the Grand Final for the second year in a row, knocking out the season’s most dominant performer, Team Gaimin Gladiators, along the way and beating Team Liquid 2-1 in the upper-bracket final as the team looked to banish last years demons and finish in first place rather than second. Team Liquid earned a shot at their redemption by crushing Team Talon 2-0 in the lower bracket final. But the result of this eagerly anticipated rematch in the five-game Grand Final went to Team Spirit, an unassailable 3-1. As champions, Team Spirit left Gamers8 and Boulevard Riyadh City $5,000,000 richer, the runners-up collecting $2,500,000 from the overall prize pool.

Faisal bin Homran, Chief Esports Officer at the Saudi Esports Federation, said: “The Dota 2 Riyadh Masters tournament at Gamers8: The Land of Heroes has captured the imagination of the thousands in attendance at Boulevard Riyadh City’s Esports Arena and the tens of millions watching avidly across the globe. Since July 19th, the global gaming and esports scene has been captivated by the exploits of the best Dota 2 teams and players in the world. Competing for a $15 million prize pool – the biggest third-party prize pool for a tournament ever – the action has been even more dramatic than anticipated and epitomizes the level of standard for which Gamers8 has become renowned. We congratulate Team Spirit on their success and thank all the teams, players, fans, sponsors, and partners at the Dota 2 Riyadh Masters for being part of a special moment in Saudi Arabian gaming history.”

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Although the Riyadh Masters may have finished, there’s plenty more action on offer as part of Gamers8: The Land of Heroes in its 2023 edition. Esports athletes from around the world are competing in a 12-tournament lineup with a prize pool of $45 million to the soundtrack of musical superstars like Imagine Dragons, Alan Walker, and Metro Boomin’, who are putting on a show for the crowds at Gamers8. The festival, the world’s largest for gaming and esports, has been full of action since it kicked off in July, with seismic impacts such as Pakistan winning the Nations Cup in Tekken against a well-favored Korean team. Among the other titles taking center stage at Gamers8’s home in Boulevard Riyadh City are Rocket League, PUBG Mobile, FIFA, and Counterstrike.

Fans can enjoy further exciting events as the festival continues through August 27th, following which the Gamers8 festival will conclude with a gaming and esports forum.  Known as the ‘Next World Forum,‘ it brings together sector leaders and experts from around the world to Saudi Arabia. Gamers8 is playing a key role in developing the grassroots esports scene in Saudi Arabia and providing opportunities for esports athletes around the world. Over 67% of Saudi citizens are gamers, and multiple world champions have come from the Kingdom already to win on the world’s largest stages.

Media Kit: http://bit.ly/3QXvndE

Contact: [email protected] 

About Gamers8 – The Land Of Heroes:

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Gamers8 is the world’s largest gaming and esports festival and the destination for elite esports champions and gaming universe lovers. It’s the ultimate place to compete for glory and become a hero walking among the worlds of your chosen story. Located in Riyadh at the heart of Saudi Arabia, Gamers8 spans a period of eight weeks from July to September 2023, with new challenges and experiences unlocked every week. You can watch the world’s top esports teams compete for the highest prize pools, attend performances by global music artists, experience your favorite gaming platforms come to life, and learn the mysteries behind the creation of video games. Gamers8 is your world, and it’s your adventure to choose.

Gamers8: The Land of Heroes follows the success of last year’s Gamers8 at Boulevard Riyadh City. Gamers8 2022 saw the world’s best teams and players battle it out across five top titles – Rocket League, Dota 2 Riyadh Masters, Fortnite, Tom Clancy’s Rainbow Six Siege, and PUBG Mobile – for a prize pool of $15 million. The 2022 festival was visited by more than 1.4 million visitors and watched by more than 132 million people around the globe. A total of 391 professional players – representing more than 61 nationalities – and 113 international teams took part in world-class esports competitions. Gamers8: The Land of Heroes has a total prize pool of over $45 million – triple last year’s grand prize total – and will host the elite of esports in a state-of-the-art, purpose-built venue at Boulevard Riyadh City. The festival will conclude with a gaming and esports forum, known as the ‘Next World Forum’, that brings together sector leaders and experts from around the world.

About SEF:

The Saudi Esports Federation is the regulating body in charge of nurturing elite gaming athletes and developing the gaming community and industry in Saudi Arabia.

The Federation’s activities are categorized into two complementary streams. The first stream works to develop all levels of competitive gamers, starting with the grassroots community level and moving up to professional esports athletes that can achieve global excellence. The second stream works to develop the entire gaming/esports value chain by catalyzing the industry and enabling talent. 

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Since its establishment in late 2017, the federation has organized multiple world-class national and international tournaments and events, attracted investment from local private sector actors, and worked with international developers on opportunities in the Saudi market. 

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Blockchain Press Releases

Compass Mining Scales Texas Operations with 25 MW Bitcoin Mining Facility, Plans Further Expansion

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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.

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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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Blockchain Press Releases

Surprises Guaranteed: Bybit Card Dishes Out Rewards in Holiday Giveaway

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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:

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  • 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

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

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Blockchain Press Releases

Bybit P2P Unlocks 20,000 USDT Prize Pools for Select Users in South Asia and Africa

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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:

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.

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#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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