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Mine One Invest in New Technology in Their Bid to Become Carbon Neutral
Vancouver, British Columbia–(Newsfile Corp. – December 15, 2021) – Mine One Blockchain Inc (the “Company” or “Mine One”) are delighted to announce the purchase of the all new Bitmain Antminer S19 XP (140 TH/s) bitcoin mining machines, to add to their rapidly growing mining infrastructure.
At 21.5 J/TH, the S19 XP is the most efficient bitcoin mining machine on the market, requiring 27% less energy per unit of hash rate than Bitmain’s current S19 Pro. Mine One’s new machines are expected to start landing next summer 2022 and will continue in batches through to December 2022.
This recent purchase demonstrates the ambition of this relatively new company with ambitions of developing in to a world class bitcoin mining infrastructure concern.
Mine One CEO, Alex Lineton said, “This is a great purchase for us and demonstrates our vision to deliver sustainable bitcoin mining using the most cutting edge technologies.”
Alex Lineton, CEO of Mine One, Blockchain Inc.
To view an enhanced version of this graphic, please visit:
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About Mine One Blockchain Inc.
Mine One Blockchain Inc. are a blockchain infrastructure company whose aim is to show that the essential task of cryptocurrency mining can be done at scale in an environmentally friendly and sustainable way.
Using only renewable and carbon neutral energy sources, in association with next generation mining rigs, the company is rapidly scaling a very profitable and sustainable business.
Contact:
[email protected]
https://www.mine.one
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/107690
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GC congratulates NatureWorks and Krungthai Bank on closing a significant financing deal for NatureWorks’ Ingeo PLA Manufacturing Expansion worth 12.6 billion baht, Supporting Thailand’s Ambitious Bio-Circular-Green (BCG) Strategy
BANGKOK, May 17, 2024 /PRNewswire/ — Mr. Narongsak Jivakanun (Second from left), CEO of PTT Global Chemical Public Company Limited (GC) presided over the signing ceremony and extended his congratulations to Krungthai Bank and NatureWorks – a joint venture of GC and a leading manufacturer of polylactic acid (PLA) biopolymers made from renewable resources. This is the historic financial support from Krungthai Bank PCL, Thailand’s third largest bank, to optimize the capital structure for the new fully-integrated Ingeo™️ PLA manufacturing facility in Thailand. The financing amounting to $350M USD (12,600M Baht Equivalent), is one of the singular largest loans in the bank’s decades-long history to supporting loans for Green Field project in the Green/Bio businesses. It reinforces GC’s core mission of operating sustainable business practices aligned with the Bio-Circular-Green Economy (BCG) Model for Thailand’s sustainable development.
The funding will not only support the construction of the plant and its ongoing operations but also enables NatureWorks to be competitive in the biomaterials market, pioneering new frontiers for bioplastic applications and advancing biobased solutions with sufficient capacity to capture packaging and fiber customers across the Asia-Pacific region and the rapidly growing global market.
The NatureWorks plant, currently under construction, is the first bio-complex in Thailand, established in line with the government’s BCG economic development strategy, located in Nakhon Sawan province. The project is progressing according to plan, with full-scale production expected to commence in 2025. The plant will have a PLA production capacity of 75,000 tons per year under the Ingeo™️ brand, using locally sourced sugarcane as the primary raw material from local farmers.
For more details, please visit https://www.pttgcgroup.com/en/newsroom/news/1359/
Photo – https://mma.prnewswire.com/media/2415664/Picture_of_Signing_Ceremony.jpg
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