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Mining Machine for Heating—New Usage Found for the Apocalypse Miners

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Blockchain technology has come to the central stage of the digital economy, introducing us to a better version of our society—in spite of one thing that keeps it at the center of controversy; and that is the waste of energy and computing power caused by PoW mining.

Based on research, 70% of the world’s total computing power is consumed for mining cryptos, which is million times what Google utilizes. While mining energy consumption also takes up 0.5% of the world’s total, relatively in excess of the combined usage of many countries. The challenge nowadays is the fact that mining does not create any real value for society in a more conventional sense, and is thus perceived by many as a definite waste.

With this opportunity, Matrix will take the “More Public Benefits” approach as one of its missions. Previously Matrix introduced AI computing into its consensus algorithm and invented Hybrid PoW to utilize spare computing power. And now we are about to welcome another breakthrough: heat from mining farms will be used to warm up cities.

The mechanism behind this is to use insulating liquid to collect heat emissions from the Apocalypse miners, and then send the energy to where it’s needed with the help of an AI-assisted Heat Exchange System.

Apocalypse Miner Heating Mechanism

Most of North China utilizes central heating during winter, which obviously could harm the environment. Matrix’s new method will help not only to lessen the harmful impact on nature but also pioneers a less wasteful mining solution with environmental protection as a top priority.

According to Official Account of Internet Information Office of Yili Xinjiang, Dadamutu Village School in Ghulja, Xinjiang was the first to experience this innovation. For the entire winter of 2020, heat from Matrix’s Apocalypse mining machines kept those classrooms and dorms at a temperature above 24 degrees, using only a third of the energy compared to furnaces.

The Apocalypse Miner Heating Setup

For teachers and students at Dadamutu Village School, this is an exceptional experience. “The new heating method does a wonderful job of keeping our offices and classrooms warm,” said Teacher Liu Ning. “We don’t suffer from the black smoke from furnaces anymore. The air is fresh to breathe. Now spring has come, and we can wear T-shirts in school.”

The local environmental authorities also expressed their approval with a positive impression. “We are committed to implementing new technologies to protect our blue sky. Since the pilot project with Matrix at the local village school works out well, we are considering promoting the heating method in the whole city.”

Xinjiang is home to a number of power plants in China and has been plagued by heavy carbon emissions for years. By introducing this revolutionary heating solution, Matrix is delivering on its mission by pioneering a greener future of “carbon neutrality” in the region.

Matrix is still working on further improvements of this technology for use by other blockchain projects. This is yet another step to making crypto mining greener and more beneficial to society.

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Understanding the Facts: Aronfeld Trial Lawyers Analyzes Cruise Ship Accident Injury Statistics, Supports Victims in Seeking Legal Help

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Aronfeld Trial Lawyers have extensive experience working with personal injury victims, especially cruise ship accident victims who have suffered minor or major accidents during their cruise ship experience. The lawyers have a rich history of representing numerous clients over the years and are now encouraging more individuals to step forward and assert their rights.

Speaking on why more cruise ship accident victims should step forward and get legal help, the lead attorney at the firm noted that there has been an alarming increase in the frequency of cruise ship accidents over the years. In recent statistics, it was revealed that over 663 injuries were recorded on various cruise ships across the United States, with women-related accidents and incidents accounting for over 62.7% of the injuries.

The attorney also revealed that the incidence rate has grown to 0.8 injuries per 1000 passenger days, with most victims suffering injuries while aboard the cruise ship and 3.6% of injuries reported ashore.

Speaking on the most common causes of injuries suffered by victims aboard cruise ships, Spencer Aronfeld, Esq. noted that operator negligence ranks high among the leading causes. He noted that victims of such injuries may be able to hold captains and cruise crew, as well as the owners and operators, accountable for their damages.

Spencer Aronfeld, Esq. also emphasized that weather and sea conditions have played a huge role in cruise ship injury cases. He further elaborated that many victims have faced distressing situations, including being thrown overboard or across decks, often during encounters with rogue waves, which are sudden, unpredictable waves that can reach as high as 100 feet. The lawyer also maintained that thunderstorms and fringes or hurricanes combined with improper safety aids can also lead to accidents aboard the cruise ship.

Cruise ship accident and injury victims looking to learn more about cruise ship injury lawyers from Aronfeld Trial Lawyers can rest assured that they are in great hands. The attorneys handle all kinds of cruise ship injury cases, including those caused by contaminated food and water, lack of adequate security and safety measures, cruise ship fires, and more.

Accident victims across the United States who wish to take action and file a claim can get in touch with Aronfeld Trial Lawyers as soon as possible via their hotline. The lawyers are happy to break down the complexities of cruise ship accidents while ensuring that clients stay within the statutory periods wherein cases must be filed.

The lawyers can be reached via phone at (305) 441-0440. They offer an initial consultation service to help clients understand their position and to help protect their chances of winning the claims case. Their office is located at 1 Alhambra Plaza Penthouse, Coral Gables, Florida 33134.

Media Contact

Name
Aronfeld Trial Lawyers
Contact name
Spencer Aronfeld, Esq.
Contact phone
(305) 441-0440
Contact address
1 Alhambra Plaza Penthouse
City
Coral Gables
State
Florida
Zip
33134
Country
United States
Url
https://www.aronfeld.com/

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Expert Plumbing Service, The Premier Plumber in New Lenox

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New Lenox, IL – Expert Plumbing Service, a trusted name in the New Lenox plumbing landscape, caters to the diverse needs of residential and commercial clients. Known for its dedication to quality and customer satisfaction, Expert Plumbing Service is enhancing the efficiency and reliability of plumbing systems across the region with a suite of comprehensive services.

The company’s range of services includes not just basic plumbing needs but also specialized solutions that address the intricate challenges of modern water systems. From ensuring the smooth operation of drain systems through expert drain cleaning techniques to the installation and maintenance of water heaters for a consistent hot water supply, Expert Plumbing Service is committed to providing high-quality services that meet the needs of every household and business.

Understanding the critical role of sump pumps and battery backup systems in safeguarding properties during heavy rainfalls, Expert Plumbing Service offers dependable installations that give homeowners peace of mind. Their expertise extends to sewer services, where they handle repairs, replacements, and maintenance with minimal disruption, ensuring that the community’s sewer lines are functioning optimally.

The company ensures kitchen efficiency is also covered with their garbage disposal installation and repair services, complementing their comprehensive approach to plumbing. The team also offers gas piping repairs that are conducted with precision, prioritizing safety and the integrity of gas lines.

Expert Plumbing Service does not stop at New Lenox plumbing installation and New Lenox plumbing repairs; they also specialize in fixture plumbing, offering services for faucets, sinks, toilets, and more to ensure everything is in perfect working condition.

For emergencies, the team at Expert Plumbing Service is ready 24/7 to tackle sudden plumbing issues, minimizing potential damage and downtime. This dedication to providing round-the-clock support underscores their commitment to being the go-to plumber New Lenox residents and businesses can depend on for all their plumbing needs.

Further enhancing its service portfolio, Expert Plumbing Service works in partnership with Broad Shoulders Handyman, a renowned provider of home repair and maintenance services. This strategic collaboration allows Expert Plumbing Service to extend its capabilities beyond traditional plumbing, offering a wider range of solutions to ensure every aspect of home maintenance is covered with professionalism and expertise.

About Expert Plumbing Service:

Expert Plumbing Service is a leading provider of plumbing services in New Lenox, Illinois. Focused on delivering quality, reliability, and complete customer satisfaction, the plumber offers a wide range of plumbing solutions tailored to the needs of both residential and commercial clients. Expert Plumbing Service prides itself on its skilled team of professionals who are not only proficient in the latest plumbing techniques but also dedicated to providing personalized service that addresses the unique needs of each client. Leveraging advanced technology and equipment, the company ensures efficient and effective solutions for everything from routine maintenance to complex installations and emergency repairs.

Media Contact

Name
Expert Plumbing Service
Contact name
Dan Kelly
Contact phone
815-310-1033
Contact address
1333 S Schoolhouse Rd Unit 340A
City
New Lenox
State
IL
Zip
60451
Country
United States
Url
https://www.expertplumbers.com/

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4 Stocks To Watch In The $1.8 Trillion Race To Net Zero

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–News Direct–

Cutting down emissions to net zero is one of the worlds most ambitious goals, thanks to the Paris climate agreement. That goal is being taken so seriously that BloombergNEF recently reported that the amount invested in the green energy transition will reach a staggering $1.8 trillion in 2023.

But for the world to achieve net zero status, shifting our transportations reliance from internal combustion engines to electrical vehicles will have to be accelerated. Last year, global sales of EVs, including BEVs, PHEVs (Plug-in Hybrid Electric Vehicles), and FCVs (Fuel Cell Vehicles), reached 13 million units in 2023, representing a 29.8% growth compared to 2022.

At the same time, the world put $634 billion toward electric vehicles and charging technology in 2023, or 85% of its total investment in clean technologies that consume energy, according to BloombergNEF, which drew more spending than renewables for the first time.

Over the past couple of months, the electric vehicle (EV) sector has been going through turbulent times against the backdrop of macroeconomic headwinds and intense competition. This has caused the markets to overreact to the downside, creating opportunities for buying EV stocks at a valuation gap.

In our view, even the slightest of positives could translate into a significant rally from oversold levels for EV stocks. And it's not only pure EV makers that will benefit from this trend but also the picks and shovels of the industry, like battery makers. Here are four stocks to add to your watchlist.

VivoPower International (NASDAQ:VVPR) is a sustainable energy solutions company that has recently been making headlines in the EV space.

Through its subsidiary Tembo e-LV, vivopower develops and distributes conversion kits with all the parts required to convert a vehicle from an internal combustion engine to an EV. These include the motors, batteries, transmission, charger, software, and the rest of the components that make the converted vehicle work.

Tembos value proposition here is that users will incur lower maintenance and operational costs, less downtime, and wont have the need for expensive fuel infrastructure.

This unique approach to electrifying vehicles has shown massive potential since it's much more cost-effective than outright buying a new one. To better illustrate this, VivoPower International (NASDAQ:VVPR) recently secured an order commitment of more than 5000 kits (1,000 for Jordan and 4,000 for Kenya) and an order pipeline of another 10,000+ kits.

Whats most exciting about these orders is that they could be just the tip of the iceberg. Jordan offers the perfect entry point to the Middle East EV market, which experts project will grow at a CAGR of about 28.9% till 2030. The Middle East is also the worlds largest landcruiser market, which is perfectly suited for Tembo's conversion kits. On the other hand, Kenya provides vivopower with the means to establish a foothold in the second-hand vehicle conversion market, which some estimate has a value of about $2 billion.

Although VivoPower International's (NASDAQ:VVPR) entry into the EV market has already rewarded a number of early shareholders with triple-digit returns, the stock appears to still have room for further upside based on a number of catalysts.

For starters, the company recently announced that Tembo would go public via a merger with Cactus Acquisition Corp. 1 Limited (CCTS), a NASDAQ-listed SPAC, and change its name to Tembo Group. According to the details of the transaction, CCTS will issue 83.8 million shares at $10 per CCTS share in exchange for Tembo shares, which implies a valuation of $838 million. In addition to that, a bonus of 16.76 million Tembo Dividend Shares will be distributed to VivoPower shareholders, who will receive 5 Tembo Group shares for each VivoPower share held.

Assuming a conservative IPO price of just $1 per Tembo share instead of $10, it would mean that VivoPower International (NASDAQ:VVPR) shares are worth at least $28 each.

While that potential upside may appear too good to be true, it is further supported by the fact that Vivopower received a direct investment of $5 million into Tembo at a pre-money valuation of $120 million from a private investment office of a member of the ruling Al Maktoum family of Dubai. For context, Vivopower currently has a market cap of just $12 million.

That investment not only reaffirms investor interest in the Middle East and Africas EV market but also in vivopowers long-term growth prospects. Furthermore, the company recently announced that executive chairman and CEO Kevin Chin increased his individual shareholding in the company by 146,084 shares (about 4.4% of the outstanding shares) to increase his shareholding to 12.3%.

Going forward, VivoPower International (NASDAQ:VVPR) will build on its initial success in the Middle East and Africa to continue its Asia expansion after signing a definitive joint venture agreement with Francisco Motor Corporation to develop and supply electric utility vehicle electrification kits for a new generation of electric jeepneys (e-jeepneys) in the Philippines.

Li Auto (NASDAQ:LI) designs, develops, manufactures, and sells premium smart electric vehicles. The China-based EV maker has clearly been the strongest performer recently in the lackluster EV space. Li Auto remains by far the fastest-growing, well-established EV maker out there.

The company recently launched the Li L6, a five-seat premium family SUV that will offer Pro and Max trims in spite of the recent weakness in the market, signaling that the long-term fundamentals still remain strong.

In the meantime, however, Li Auto has resorted to price cuts to deal with the softening demand. The car maker announced price cuts for four out of the five models it produces. We're talking about roughly 5% of the existing sale price, or about $4,100 off of what it's selling for right now.

The price cuts came as new data showed that, for the first time, China sold more electric and hybrid cars than internal-combustion vehicles. Retail sales of new-energy cars, which include EVs and plug-in hybrids, made up 50.4% of all passenger-vehicle sales in the first two weeks of April, according to data from the China Passenger Car Association.

Li recently reported full-year 2023 earnings, where revenue grew an impressive 173.5% year-over-year to reach $17.2 billion. The company is projected to deliver 57% top-line growth in 2024, with consensus estimates calling for $27 billion in sales this year. Citigroup maintains a buy rating on Li Auto stock with a $43.60 price target.

Emeren Group Ltd. (NYSE:SOL) is a renewable energy leader with a comprehensive portfolio of solar projects and independent power producer (IPP) assets, complemented by a significant global battery energy storage system (BESS) capacity.

The company recently announced a number of milestones, including that it had signed a co-development agreement for 199 MW (up to 1.59 GWh of capacity) of battery storage projects in two regions of southern Italy with Nuveen Infrastructure, one of the world's largest fund managers investing in clean energy. This agreement marks the final stage in the portfolio collaboration between Emeren and Nuveen, achieving a total power capacity of 354 MWp (up to 2.83 GWh).

SOL also announced that it had set up a 703 megawatt BESS project portfolio in Italy for Matrix Renewables under the Development Service Agreement, or DSA, which, combined with the previous sale of the 260 megawatt in Q2, amounted to a total of 963 megawatts of BESS projects. This marked a substantial advance towards the agreed portfolio target of 1.5 gigawatts in the DSA partnership with Matrix.

The company also announced the expansion of its energy storage portfolio in China by acquiring a 10.8 megawatt-hour energy storage portfolio comprising six energy storage power stations. According to its most recent filings, SOL closed FY 2023 with $104.7 million in revenue, a 22.2% gross margin, and a $9.3 million net loss. These results were below our full-year guidance, primarily due to the delays in closing the sales of six projects in the US and Europe.

FREYR Battery, Inc. (NYSE:FREY) develops clean, next-generation battery cell production capacity with a focus on the primary markets of energy storage systems ("ESS") and commercial mobility.

Last month, FREYRs team at its Customer Qualification Plant ("CQP") reached a key milestone by producing automatically casted electrodes with active electrolyte slurry in a dry room environment, and the company expects to make functional battery cells for customer samples using full automation of CQP in H1 2024.

A key distinction between FREYs production platform and conventional lithium-ion battery manufacturing technology is the order in which electrolyte is introduced to the process. In the 24M process, electrolyte is added at the start of cell processing, which eliminates the costly and energy-intensive step of solvent recovery by drying the electrodes.

That milestone follows another key achievement by the company, which announced that the U.S. Department of Energy (DOE) had invited the company to submit the Part II loan application under the DOE Title 17 program for FREYRs Giga America project.

"The Part II DOE loan application invitation is an important next step in FREYRs journey to fund our Giga America project," commented Birger Steen, FREYRs Chief Executive Officer. "With our redomiciliation to the U.S. now approved by our shareholders, FREYR is uniquely positioned to establish the Company as the U.S.-based industrialization partner of choice for clean battery technology solutions.

The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, assumptions, objectives, goals, or assumptions of future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements, indicating certain actions & quotes; may, could or might occur Understand there is no guarantee past performance is indicative of future results. Investing in micro-cap or growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or due to the speculative nature of the companies profiled. Capital Gains Report (CGR) owned by RazorPitch Inc. is responsible for the production and distribution of this content. CGR is not operated by a licensed broker, a dealer, or a registered investment advisor. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. CGR has been retained by VivoPower International PLC. to produce and distribute content related to VVPR. As part of that content, readers, subscribers, and webs are expected to read the full disclaimers and financial disclosure statement that can be found on our website https://capitalgainsreport.com. All content in this article is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this article constitutes professional and/or financial advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. CGR is not a fiduciary by virtue of any persons use of or access to this content.

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View source version on newsdirect.com: https://newsdirect.com/news/4-stocks-to-watch-in-the-1-8-trillion-race-to-net-zero-893807156

VVPR, LI, SOL, FREY

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