Blockchain Press Releases
Introducing the Thriving Global Market for AC-DC Power Supply Adapters – By The Business Research Company
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
LONDON, Aug. 3, 2023 /PRNewswire/ — Welcome to the dynamic world of AC-DC power supply adapters, where innovation and growing demand are driving remarkable market growth. With the global AC-DC power supply adapter market expected to soar from $12.73 billion in 2022 to $14.01 billion in 2023, at an impressive compound annual growth rate (CAGR) of 10%, opportunities abound in this thriving industry. And that’s just the beginning – by 2027, the market is projected to reach a staggering $19.62 billion, growing at a CAGR of 8.8%. North America was the largest region in the AC-DC power supply adapter market in 2022. Asia-Pacific is expected to be the fastest-growing region in the global AC-DC power supply adapter market during the forecast period. The regions covered in the global AC-DC power supply adapter market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the AC-DC power supply adapter market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Learn More On The AC-DC Power Supply Adapter Market Report – https://www.thebusinessresearchcompany.com/report/ac-dc-power-supply-adapter-global-market-report
In the wake of the Russia–Ukraine war, global economic recovery from the COVID-19 pandemic faced short-term disruptions. Economic sanctions, supply chain challenges, and inflationary pressures affected markets worldwide, including the AC-DC power supply adapter market. However, as the world rebounds, this market is poised for exponential growth and presents an excellent opportunity for businesses to make a significant impact.
One of the primary drivers behind this remarkable growth is the ever-increasing demand for electronic appliances and gadgets. In today’s digital era, electronic devices have become an integral part of our lives. From smartphones and laptops to home appliances, these devices require reliable power sources to function efficiently. AC-DC power supply adapters play a crucial role in providing the required power by converting the AC voltage from a wall outlet into the DC voltage used by electronic devices.
An AC-DC power supply adapter is an electrical device that expertly transforms energy from a grid-based power source to a different current, frequency, and voltage. It consists of essential components such as an enclosure, transformer, inductor, capacitor, controller IC, and a printed circuit board, all working together to ensure a smooth conversion of alternating current (AC) to the necessary direct current (DC).
In the market, you’ll find two main types of AC-DC power supply adapters – AC-DC wall power adapters and AC-DC external plug-in power adapters. The AC-DC wall power adapter is designed to convert AC power from a wall outlet into DC power, making it a versatile solution for various electronic devices. With output power options ranging from 5W to 12W, 13W to 24W, 25W to 100W, and even above 100W, these adapters cater to smartphones, tablets, computers, laptops, wearable devices, home appliances, audio and video devices, medical equipment, industrial machinery, telecommunication devices, and much more.
Request A Free Sample Of The AC-DC Power Supply Adapter Market Report – https://www.thebusinessresearchcompany.com/sample.aspx?id=10461&type=smp
As technological advancements continue to shape the industry, AC-DC power supply adapter manufacturers are introducing innovative solutions to meet the diverse needs of the market. These adapters are becoming more efficient, compact, and feature-rich, making them an indispensable accessory for modern electronic devices.
The global AC-DC power supply adapter market is a dynamic and rapidly evolving landscape, and major players are capitalizing on the opportunities it presents. As we continue on this trajectory of growth, businesses can position themselves as key contributors to this expanding market. Companies like yours have the chance to make a significant impact by offering cutting-edge solutions that power the digital revolution.
The global AC-DC power supply adapter market is experiencing remarkable growth, fuelled by the increasing demand for electronic appliances and gadgets. With projections showing substantial market expansion in the coming years, businesses can seize the opportunity to make a mark in this thriving industry. As technology continues to advance, AC-DC power supply adapter manufacturers have the potential to shape the future of electronics, offering innovative and reliable solutions to power the devices that drive our modern lives. Embrace the possibilities, and together, let’s power the world into a brighter, more electrifying future.
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The new, fully self-owned facility enhances Compass’s capacity and offers customers greater choice for machine deployment
WILMINGTON, Del., Nov. 19, 2024 /PRNewswire/ — Compass Mining (“Compass” or the “Company”), a leading provider of Bitcoin mining hardware, hosting, and services, today announced its acquisition of property and power agreements to establish a state-of-the-art mining facility in Iowa. Construction is already underway on the expandable facility, with an initial 8 megawatts (MW) scheduled for energization in January 2025 and plans for expansion up to 30 MW as Compass pursues additional infrastructure investments.
Located on a 5-acre greenfield site, the new Iowa facility marks a significant step in the Company’s growth strategy, increasing its self-owned infrastructure portfolio. With an Electric Service Agreement (ESA) in place, Compass is on track to energize 8 MW of capacity by January 2025. Once operational, Compass customers will have the option to select “Iowa 4″ as the deployment location for new machines purchased through Compass’s platform.
Compass Mining has traditionally partnered with third-party facilities but is actively working to reduce counterparty risk through ownership of its own sites, such as the new Iowa facility, which is both self-owned and self-operated. This ownership model allows Compass to strengthen control over its operations and offer enhanced flexibility to customers.
“This new site marks an important milestone,” said Shanon Squires, Chief Mining Officer of Compass Mining. “By increasing our self-owned capacity, we can provide our customers greater operational control. At the same time, our partnerships with reliable third-party facilities provide our customers greater deployment flexibility, reflecting both power market dynamics and geographic diversity.”
The Iowa facility builds on Compass’s broader U.S. expansion, following the successful energization of facilities across Kentucky (10 MW) and Nebraska (7.5 MW) earlier this year. In 2024 alone, Compass has energized nearly 50 MW of new power capacity across Indiana, Iowa, Ohio, Kentucky, Nebraska, and Texas, with an additional 20 MW planned 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.
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Blockchain Press Releases
Ethiopia-Exclusive: Bybit Livens up P2P Marketplace with 12,000 USDT in Rewards
DUBAI, UAE, Nov. 18, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is pleased to announce an Ethiopia-only limited time offer for Bybit P2P users. From now to Dec. 5, eligible makers and users on Bybit P2P can choose a special rewards track while capturing opportunities in P2P trading.
Registration is required for all three events:
1. Merchant-exclusive Event
On Bybit P2P, users may enter the P2P Maker Battle for a share of a 2,000 USDT prize pool. Merchants may get a share of the prize pool by placing a sell ad in the Ethiopian Birr (ETB) on the Bybit P2P marketplace, inviting others to buy USDT.
The prize pool will be divided by the top 10 merchants who trade with the largest number of unique users, and complete a minimum trading volume of 5,000 USDT and minimum number of 50 unique buyers. To qualify, the Merchant must register and submit their UIDs using this form.
2. Cashback Event: Up to 2% for Existing Users
All buyers have a chance at an easy win from another 8,000 USDT prize pool. Existing P2P users may simply trade to reach a minimum of 500 USDT in trading volume to unlock 2% cashback, up to 10 USDT per user.
3. Sharers Get More
Users have another way to access a 2,000 USDT prize pool by using the “share” button to spread the word about their ETB journey on Bybit P2P. The top 10 participants with the highest views will get to tell their stories and take home the rewards. Interested users may use this form to submit their work.
P2P trading is an organic part of the crypto market and an indispensable tool for improving financial inclusion and interconnectivity between community members. Bybit P2P provides a secure and user-friendly peer-to-peer trading solution, enabling users to seamlessly trade among themselves at zero fees.
Bybit offers resources about posting trades on Bybit P2P, and Ethiopian users may visit here for more.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.
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The European Union’s landmark MiCA regulation is set to transform the crypto industry, establishing stringent standards that many current Virtual Asset Service Providers may find challenging to meet. As MiCA compliance becomes the standard for operating within the European Economic Area, crypto exchanges and asset companies must take prompt action to align their operations with these comprehensive regulations.
To support businesses in navigating this significant transition, an exclusive webinar “Adapt or Die: The Urgent Shift from VASP to MiCA” will be held on Tuesday, November 19th, 2024, at 5:00 PM (CET) time.
This session is designed to provide industry professionals with practical insights and strategies to ensure their software and operations comply with MiCA standards.
Key highlights of the webinar include:
● Detailed analysis of MiCA regulations and their implications for the crypto sector.
● Actionable steps for software adaptation to achieve MiCA compliance.
● Case study feature: How Kyrrex achieved MiCA readiness using solutions from Simplify Labs.
● Practical tools for Anti-Money Laundering, Know Your Customer processes, cybersecurity, and transaction monitoring.
The webinar will be useful for CEOs, COOs, Compliance Officers, Regulatory and Legal Professionals, Tech Managers, and Investors looking to enter or expand within the EEA market. Attendees will gain the knowledge and tools necessary to adapt and thrive under the new MiCA regulatory framework.
Featured speakers:
Vadim Rozov, CEO at Simplify Labs, brings over 20 years of management and software development experience. Under his leadership, the company is dedicated to simplifying crypto and blockchain technology, making it accessible for non-technical founders and management teams.
Kevin Plumpton, CEO at Kyrrex, is a warranted advocate with extensive expertise in finance, business, property, and international law. He specializes in corporate governance, risk, and compliance legislation, and is a prominent figure in the Anti-Money Laundering and Counter Financing of Terrorism fields. He is recognized for developing innovative KYC and due diligence platforms utilized by leading organizations.
“The crypto industry is at a critical juncture where understanding and adhering to MiCA regulations is essential for continued growth and market access,” said Kevin Plumpton, CEO at Kyrrex. “Events like these are vital for bringing together industry leaders to share knowledge and best practices, ensuring businesses can adapt effectively and sustain their operations.”
Franklin Cachia, Executive Director at CSB Group, is an accomplished professional who advises clients on taxation, financial services, AML compliance, and corporate law, among other areas. His broad expertise also encompasses gaming, GDPR, and property law.
The post Adapt or Die: The Urgent Shift from VASP to MiCA appeared first on .
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