Day: October 7, 2022

SINGAPORE, Oct. 7, 2022 /PRNewswire/ — GMT Token’s team is expanding geographically and has launched a new data center in Norway.

The new 20-MW data center is located near Oslo. One of GMT’s main goals is possessing the newest and most energy efficient equipment, so 2,950 new Antminer S19 miners have been installed. The number of miners at the data center is expected to increase. Because GMT strives to minimize any potential carbon footprint, the equipment will be operated by hydroelectric power.

The mining gear is located in a highly secure area with security and round-the-clock video surveillance. The miners will be cooled via an air ventilation system.

The team’s plans for 2023 are to expand and increase the company’s capabilities with Norwegian partners. In accordance with standard structures, the team will use a portion of the resources for social and environmental projects.

The temperature of the miners, for instance, is going to be maintained using cutting-edge immersion cooling. Hot water from the immersion cooling system will then be recycled for use in Norway’s agricultural sector, industrial and social programs.

Norway is one of the most environmentally friendly countries in the world. It is focused on green energy. Having a data center in this region helps to increase the project’s level of environmental friendliness and that of the crypto industry overall.

About GMT

GMT’s Certik-audited smart contract was created on April 26, 2021, with the firm launching its computing power-backed token. The project’s goal is to simplify the mining process for everyone by handling the logistics, providing around-the-clock uninterrupted service, and securing energy-efficient consumption costs. There are currently over 18,000 GMT token holders receiving daily bitcoin mining rewards without the hurdles of physically maintaining equipment. During the project’s existence, GMT has increased the hash rate of the device park from 100,000 TH/s to 735 000 TH.

https://token.gmt.io/

Media Enquiries:

Matthew Halford
pr@gmt.io

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PRINCETON, N.J., Oct. 7, 2022 /PRNewswire/ — Miami International Holdings, Inc. today reported September 2022 trading results for its U.S. exchange subsidiaries – MIAX^®, MIAX Pearl^® and MIAX Emerald^® (together, the MIAX Exchange Group), and Minneapolis Grain Exchange (MGEX).

September 2022 Trading Volume Highlights

• Total U.S. multi-listed options market share for the MIAX Exchange Group reached 11.63%, representing a 19.8% year-over-year (YoY) decrease. A total of 97.3 million multi-listed options contracts were executed on the MIAX Exchange Group, representing a 12.1% decrease YoY and an average daily volume (ADV) of 4,635,039 contracts. Total year-to-date (YTD) volume reached 961.2 million contracts, a decrease of 2.8% from the same period in 2021.
• MIAX Options reported YTD volume of 403.5 million contracts, up 5.1% from the same period in 2021, with volume reaching 42.9 million contracts in September 2022, a 2.2% YoY decrease. MIAX Emerald reported YTD volume of 238.7 million contracts, a 12.7% decrease from the same period in 2021, with volume totaling 21.5 million contracts in September 2022, a 42.0% YoY decrease. MIAX Pearl reported YTD volume of 318.9 million contracts, a 3.8% decrease from the same period in 2021, with volume totaling 32.9 million contracts in September 2022, a 10.5% YoY increase.
• In U.S. equities, MIAX Pearl Equities reported volume of 2.8 billion shares in September 2022, representing a 101.8% increase YoY and a record monthly market share of 1.16%. Total YTD volume reached a record 22.4 billion shares, a 268.1% increase from the same period in 2021.
• In U.S. futures, MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), reported trading volume of 310,233 contracts in September 2022, a 4.3% decrease YoY. Total YTD volume reached 2,710,629 contracts, a decrease of 3.2% from the same period in 2021.
• SPIKES^® Futures volume totaled 134,932 contracts in September 2022, representing a 14.4% decrease YoY and an average daily volume of 6,425 contracts. Total YTD volume reached a record of 673,349 contracts, a 134.3% increase YoY.

Additional MIAX Exchange Group and MGEX volume details are included in the following tables.

SEOUL, South Korea, Oct. 7, 2022 /PRNewswire/ — Crowdworks (CEO Park Min-woo), Korea’s leading Artificial Intelligence (AI) training data platform company, will be exhibiting its new data annotation platform – Workstage – at the ‘2022 Dubai Information and Communication Exhibition’ (GITEX Global 2022).

Built with over one hundred patented technology, Workstage holds and utilizes 5 years of accumulated behavioral data from 400,000 crowd workers, and is designed to maximize the data annotation work productivity by 5 folds – when compared to an in-house approach.

So far, Crowdworks was named a Sample Vendor in the 2022 Gartner Hype Cycle for Data Science and Machine Learning 2022, completed its first US patent registration this year, and has started making its appearance on the global stage under its global brand – Workstage.

Crowdworks is actively expanding its global influence including the MENA (the Middle East and Africa). Park Min-woo the CEO says, “As competition in the domestic and global data labeling market intensifies, it is essential to secure technology-oriented competitiveness. As we have led the development of Korea’s AI industry, we will once again prove its technological prowess in the Middle East, the center of the emerging AI industry.”

On the other hand, GITEX is the largest technology exhibition in MENA sponsored and hosted by the UAE Prime Minister and the AI Minister, respectively. Being recognized as “the new oil” in UAE, the AI industry is fully supported at the national level to be developed even further – attracting pioneers and major leagues in AI from all around the globe.

About Crowdworks

Crowdworks is the largest AI training data annotation solution provider in Korea since 2017. Crowdworks’ AI training data annotation platform ‘Workstage’ delivers qualified AI training data collection and annotation to accelerate AI development for corporations from a wide range of industries including automotive, healthcare, and manufacturing.

www.crowdworks.kr / www.workstage.com  Follow us on LinkedIn.

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SHANGHAI, Oct. 7, 2022 /PRNewswire/ — The Energy Integration for Intelligent Future business summit forum, hosted by Shanghai Electric Group Company Limited (Shanghai Electric) as part of its 120th-anniversary celebration, concluded successfully in Shanghai on September 26, 2022.

At this critical, historical moment for the firm, and in response to the global urgency for reducing carbon emissions, Shanghai Electric is transitioning all segments of its business to a low-carbon format. This is achieved by enhancing the capacity of new power systems and equipment, and by developing an optimal combination of traditional and renewable energy sources in a move to support the development of a modern energy ecosystem.

Liu Ping, the Director and President of Shanghai Electric Group Co., said at the forum that over the past 120 years, the firm has embarked on an innovative journey of empowering the world through efforts to expand its main businesses in pursuit of win-win cooperation and integrated development.

“Throughout this journey, Shanghai Electric has evolved into a prime example of what can be done to pave the way for China to become a key provider of high-end equipment to the world. The evolution allowed the company to transition from being a major player in its space to one which represents in-country peers as they collectively seek to export world-class equipment and technologies,” said Liu Ping.

Shanghai Electric has accomplished many record-breaking achievements both at home and abroad. Based on existing capabilities and strengths, the company expects to give full play to its three core competitive advantages – extreme manufacturing, integrated services and talent competitiveness – to build three industry-leading linked platforms covering core equipment, integrated systems and industrial capital, setting in motion what is well on track to becoming the leading development trend for the next 120 years.

Shanghai Electric is currently one of the few producers worldwide covering all categories of energy equipment. The energy sector produces more than 80% of China’s total carbon emissions, making it the largest barrier to China achieving the goal of carbon peaking and carbon neutral.

Since 2021, with the high frequency of extreme weather events, coupled with the intensification of tensions around the global energy supply, many regions throughout the country experienced power shortages, highlighting the increasing importance of thermal ballast. In the throes of a massive transition from stable fossil fuels to volatile alternative energies, a consensus among participants is that, in order to achieve the goal of carbon reduction under the premise of ensuring energy security, multi-energy complementarity will be the best solution for the integrated development of traditional and renewable energy sources over the long term.

Chen Ganjin, member of the Party Committee and vice president of Shanghai Electric, noted that China’s energy structure has been undergoing a major change over the last decade, with the proportion of installed solar and wind power capacity having increased significantly, while the share of coal power has declined to half of the total, and nuclear power having returned to becoming a steadily growing viable alternative. The booming of renewable energy sources pushed power storage into a period of rapid development. However, due to the randomness and intermittency, the large-scale, high-ratio grid connection of renewable energies will pose serious challenges to the safe and stable operation of the grid.

When elaborating on the Chinese energy ecosystem landscape, Chen added that the per capita power consumption in China is relatively low when compared to other countries and regions across the world, demonstrating a huge potential for growth in power and related equipment markets. Shanghai Electric is committed to helping address the needs of the Chinese energy ecosystem in terms of power generation, transmission, storage and sale.

The group is optimizing its efforts in furthering the growth of conventional and alternative energy-powered equipment as the country continues to pursue the goals of carbon peak and carbon neutrality. Shanghai Electric has proven technical capabilities in the realms of clean and efficient coal power, safe and state-of-the-art nuclear power, as well as efficient and flexible regulation of gas and power. In addition, the group is leveraging technological innovations to enhance its portfolio of wind, solar, storage and hydrogen energy-powered equipment and storage solutions, while accelerating the transformation  and exploring of additional application scenarios for its robust smart grid equipment.

Based on its existing competitive power equipment, Shanghai Electric has made significant progress in implementing new system solutions for coal-fired power and energy storage integration; source-grid-load-storage integration; and green hydrogen and chemicals integration. Furthermore, with the ongoing energy transformation, the group is embracing new opportunities in the energy storage sector with its vanadium batteries known for a high level of safety, high-capacity scalability, and long cycle life.

In line with the goals of carbon peak and carbon neutrality, Shanghai Electric is making efforts to establish a presence in what is being termed as “4+2+X” (where “4” refers to wind power, solar power, energy storage and hydrogen; “2” refers to intelligent industrial equipment and high-end medical equipment; and “X” refers to new opportunities in the energy sector) with a focus on supporting the carbon emission reduction in energy and industry in concert with the aim of creating a comprehensive new power system and an integrated solution for green and low-carbon industrial parks.

By capitalizing on its proven capabilities in conventional energy-powered equipment, Shanghai Electric plans to further its investments in innovative equipment and technologies involving wind, solar, hydroelectric and thermal energy and energy storage, as well as power supply, grid, load and hydrogen storage to become the frontrunner in the journey towards achieving the goals of carbon peak and carbon neutrality, along with creating alternative energy-powered equipment and automated high-end equipment.

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