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Press release content from Prodigy News. The AP news staff was not involved in its creation.
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Press release content from Prodigy News. The AP news staff was not involved in its creation.

SAI.TECH Is Dedicated To The Green Economy By Advising On Industry Transformation And Upgrades That Are Carbon Neutral

August 25, 2021 GMT
SAI.TECH Is Dedicated To The Green Economy By Advising On Industry Transformation And Upgrades That Are Carbon Neutral
SAI.TECH Is Dedicated To The Green Economy By Advising On Industry Transformation And Upgrades That Are Carbon Neutral
SAI.TECH Is Dedicated To The Green Economy By Advising On Industry Transformation And Upgrades That Are Carbon Neutral

08/23/2021, Singapore, Singapore // PRODIGY: Feature Story //

Satoshi Nakamoto said on the forum 11 years ago, on August 9, 2010, that “the heat of the computer will not be squandered if you use the waste heat of the computer to heat your residence.” Although there were not many people mining bitcoin at the time. Professional ASIC mining machines have yet to be invented, and home computers can handle the need of mining. Satoshi Nakamoto’s foresight about the use of computer waste heat for heating, on the other hand, generated a ripple like a stone falling into the lake.

Link to the original Satoshi Nakamoto message on the Bitcointalk forum

https://bitcointalk.org/index.php?topic=721.msg8431#msg8431

On the same day 11 years later, Arthur Lee, the Founder of SAI.TECH, a Singapore-based clean computing technology firm, replied to Satoshi Nakamoto’s initial message, saying, “Thank you Satoshi, we realized your prediction, and will try our best to Make the World ₿etter!”

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Link to the original message from Arthur Lee in response to Satoshi Nakamoto

https://bitcointalk.org/index.php?topic=721.40

Bitcoin can no longer be mined on home computers. High-density computing has naturally expanded dramatically in comparison to the heat generated by home computers after being replaced by a more advanced professional mining equipment. In reality, ASIC and GPU chips turn more than 99 percent of their electric energy into heat. Satoshi Nakamoto’s concept of utilizing waste heat has clearly evolved into a brand-new method of energy use. At a time when Bitcoin is being chastised for being a “High-Energy-Consuming and Non-Environmental-Friendly” industry. SAI generates electricity with sustainable energy and utilizes waste heat, resulting in a seamless transition “Computing to electricity than to heating”. It not only accomplishes the breakthrough of collecting more than 90% of chip heat energy for central heating, but it also lowers electricity and heat expenses by 35% and increases return on investment.

To pay honor to Satoshi Nakamoto, Arthur Lee decided to leave an eternal speech on the bitcoin block on August 8, the day before Satoshi Nakamoto’s message date. There are also four points to consider:

First and foremost, “1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa” is the Bitcoin Genesis block’s address, which is also known as Satoshi Nakamoto’s address. It recognizes the birth of Bitcoin and the accomplishment of a niche geek’s vision during the financial crisis, which ushered in a new era in global banking.

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Second, the total number of transfers is 0.01010011, which is the binary form of the letter “S,” which is both Satoshi Nakamoto’s and SAI.TECH’s initials, signifying a tribute and legacy. The letter “S” also stands for Silicon, implying that a carbon-based world will develop more quickly to a silicon-based world.

Third, SAI.TECH’s objective is OP_RETURN: Sustainable Available Innovative Technologies Make World Better.

Finally, the day before Satoshi Nakamoto’s message was picked to honor his forecast and express gratitude for his prior prediction. It has discovered a new viable means for the industry to be at the forefront, which has become SAI.TECH’s insistence.

Apart from successfully pursuing Satoshi Nakamoto’s route of bitcoin green transformation, SAI.TECH also led the formation of OCEC (Body of Clean Energy and Computing)—the first green self-regulatory organization in the mining and supercomputing industries. SAI aspires to maximize its advantages in clean computing power and bring together prominent industry leaders to advance the green transformation of the industry as a whole.

Clean computing power and carbon neutralization

In the carbon emission trading market, the electric power business is a pioneer. From the perspective of various countries’ carbon emission paths, carbon will reach a plateau after reaching its peak, necessitating the gradual adoption of various technologies to achieve carbon neutrality. This also means that efforts should be made to adjust industrial structure, develop negative carbon emissions, and implement carbon compensation to offset carbon emissions. Under the global backdrop of carbon neutrality, the mining and supercomputing business, as an industry with electricity as its major productivity, will inevitably need to undergo an industrial transformation and begin low-carbon and green development.

SAI.TECH recently released the industry’s first Carbon Footprint Report and ESG Report, which provide a carbon footprint calculation method and specific solutions for the mining and supercomputing industries through comprehensive data collection, accurate calculation methods, and meticulous re-examination, which not only provides a feasible path for the industry to achieve green development, but also provides a path for the industry to achieve green development. It is critical to accelerate energy industry reform and innovation, as well as raise the share of clean energy and renewable energy, in order to achieve the goals of “peak carbon dioxide emissions” and “carbon neutrality.” Businesses must take on a greater role in reducing carbon emissions and exploit the new opportunities presented by the global green and low-carbon development trend.

SAI.TECH Carbon Footprint Report

https://sai.tech/?p=3789

SAI.TECH ESG Report

https://sai.tech/?p=3989

There are two key strategies for the mining and supercomputing industries to reach carbon neutrality as soon as possible. First, increase clean energy utilization and efficiency, as well as peak shaving and consumption of idle resources such as hydropower, wind power, and waste electricity. Second, in the early stages of technological transformation, when the cost of technological transformation is high and breaking through the short-term level is difficult, businesses can buy carbon emission indicators on the carbon emission trading market and meet the standards through carbon compensation. Following the development of clean power generating technologies in the supercomputing sector, practitioners in the field will gradually reduce their purchases of carbon emission indicators, and may even become sellers.

SAI.TECH Takes on Green Responsibility, OCEC Drives Industry to Accelerate Carbon Neutrality

SAI.TECH is a company in the supercomputing and crypto industries. Its development objective includes resolving the climate catastrophe and fostering industry-wide transformation, as well as a commitment to social carbon neutrality. Since its establishment in 2019, SAI has been committed to the green economy, low carbon, and environmental protection as the first horizontally integrated clean energy technology firm. In 2021, it became the first company in the industry to issue a Carbon Footprint Report and an ESG Report, the first company in the industry to receive official UNFCCC Secretariat certification of its energy conservation and emission reduction achievements, and the first company to join the TCFD working group on climate-related financial disclosure.

“During the industry’s transformation, enterprises should take the initiative to stand up and assume social responsibilities, formulate feasible carbon emission reduction targets based on the characteristics of their industries, increase technology investment, reduce energy use from the source, and improve energy conversion efficiency,” said Arthur Lee, founder of SAI.TECH.

As its founder stated, SAI sets an example by measuring its carbon footprint in accordance with the official greenhouse gas protocol’s product specifications. The site manager collects all basic data and data related to energy intensity (MWh/ ton) in addition to formulating detailed departmental guidelines and questionnaires. SAI.TECH also sends internal experts to all sites to check the real operating environment and data collection process, ensuring the safety and reliability of all data.

SAI.TECH’s Carbon Footprint >and ESG Report> are inherently real, with realistic solutions and evidence to back them up. SAI has established four technological parts of SAIHEAT, SAIWATT, SAIBYTE, and SAICHIP as a result of precipitation and upgrading: SAIHEAT, or chip waste heat utilization technology, uses waste heat generated during the calculation process to replace traditional heat sources with sustainable energy. SAIWATT is a clean energy consumption system that avoids high-carbon-emitting resources like coal and instead uses idle resources like hydropower, wind power, and waste electricity to achieve idle energy consumption and peak shaving; SAIBYTE is a computing power cloud network system that provides a more cost-effective cloud computing power service; SAICHIP, as its name suggests, is a new computing power chip based on new technology and new technology that can dissipate heat and achieve better performance by dissipating heat and stability from the chip.

Apart from forming a unique and competitive technology matrix, SAI has also launched its own core products, such as the SAIHUB mobile liquid cooling hosting center, which includes the SAICAB computing power cabinet and SAIBOX computing power container, and can transform traditional factory production mode into easily movable equipment, removing geographical restrictions and adapting to the ever-changing market.

In the summer, SAI.TECH consumes 100% renewable energy, while in the winter, SAI uses its SAIHUB as a community heating center for household and farm heating, with an indoor temperature that can be maintained at 28-30 degrees Celsius.

Satoshi Nakamoto stated on August 9, 2010, in a forum comment that “Bitcoin generation should end up where it’s cheapest. Maybe that will be in cold climates where there’s electric heat, where it would be essentially free.” SAI.TECH will continue to explore the North Asian and North American markets in order to promote global computing power cleanup and effectively assist in the reduction of carbon emissions in three important industries: computing, electricity, and heating.

By devising seasonal solutions, employing renewable energy, managing water resources, and compensating for carbon emissions, SAI.TECH is predicted to reach carbon neutrality in 2022. However, it is insufficient if only one company in a given industry prioritizes energy conservation and carbon reduction. Instead, more businesses must take the initiative and take actual steps to lead the sector in making improvements together. SAI was the driving force behind the formation of OCEC (Organization of Clean Energy and Computing), the industry’s first non-profit self-regulatory organization, which is now open to any organization involved or interested in computing and energy organizations and supporting OCEC’s mission, including but not limited to companies and the media.

The establishment of the OCEC organization is vital in reaching the aim of net-zero carbon emissions when the industry is in the key stage of carbon-neutral exploration and transformation. It strengthens the group by connecting individuals with individuals, enterprises with enterprises, and enterprises with enterprises, allowing the entire society to reach carbon neutrality in the end.

SAI.TECH is intended to lead OCEC to have a long-term influence in the four aspects of Environment, Energy, Economy, and Society as the initiative’s initiator. Cutting-edge technology and tailored solutions can help the environment by reducing the harmful effects of the mining and supercomputing industries on humans and the environment; In terms of energy, it increased the proportion of clean energy and realized peak shaving and idle energy consumption; in terms of the economy, members of the organization collaborate to reduce infrastructure costs and improve investment return ratios; and on the social side, it accelerates the establishment of industry influence and promotes entrepreneurship.

Conclusion

Mining and supercomputing, as new industries with enormous potential, are likewise undergoing a significant transition. They are working to become a major player in the carbon market while also promoting a green economy and low-carbon environmental protection. SAI.TECH, as the industry’s top company, is one of the first to recognize the relevance of carbon emissions. On the one hand, it takes the lead in energy conservation and emission reduction; on the other, it establishes the OCEC, an industry self-regulatory body, and utilizes its clout to encourage its colleagues to transform together. Without a doubt, SAI is laying out a viable path forward for the entire planet. Of course, this has also paved the way for a brighter future.

Media Contact

Company Name: SAI.TECH

Website: https://sai.tech/

Email: service@sai.tech



Source: Prodigy.press



Release ID: 26466

Original Source of the original story >> SAI.TECH Is Dedicated To The Green Economy By Advising On Industry Transformation And Upgrades That Are Carbon Neutral


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