HOUSTON, May 22, 2024
/PRNewswire/ -- Genesis Digital Assets Limited ("GDA"), one of the
largest bitcoin mining companies in the world in terms
of hash rate, with over 20 data centers across four continents,
including 11 sites across Texas,
North Carolina, and South Carolina, has announced it has become a
President's Circle member of the Digital Power Network, the premier
coalition spearheading policy advocacy for digital asset mining and
crafting the future of energy policy.
Representing over 50% of the U.S. mining hash-rate, the Digital
Power Network operates as the world's first and largest coalition
representing the digital asset mining industry, which envisions a
future characterized by decarbonization, renewable energy, grid
stability, and access to affordable, clean energy. The coalition is
an affiliate from The Digital Chamber, an advocacy organization for
digital innovation and bitcoin.
"The partnership between GDA and the Digital Power Network
underscores our mutual commitment to drive positive change within
the mining industry," said Abdumalik Mirakhmedov, Executive
President of GDA. "Together, we aim to champion innovation,
sustainability, and economic empowerment, ensuring that
bitcoin mining continues to thrive."
GDA joins a strong membership roster that includes other public
and private industry giants. As part of this collective voice, the
coalition will work with policymakers to advocate for beneficial
bitcoin mining policy in the
United States.
"The Digital Power Network fosters industry advancement and
provides a conducive environment for innovation," said Perianne Boring, Founder and CEO of the Digital
Power Network. "Partnerships with industry leaders like GDA are
absolutely necessary for us to continue building a path towards a
more resilient future, and we're thrilled to have them on
board."
About GDA
GDA is one of the world's largest and most experienced
industrial-scale bitcoin mining companies, with a
track record of building, managing, and scaling data center
operations spanning nearly a decade. We champion innovation,
responsible energy use, and investment in the communities where we
operate globally, including the 20 data centers across North America, South
America, Europe, and
Central Asia. With a total power
capacity of over 500 MW, the company has brought over 150,000
miners online. At GDA, we are committed to supporting the
infrastructure for the future of money by making the
bitcoin network more robust, resilient, and
secure.
Media contact: gda@greenbrier.partners
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SOURCE GDA