Jax.Network has surpassed BSV hashrate

DUBAI, United Arab Emirates, Sept. 16, 2022 (GLOBE NEWSWIRE) — Jax.Network, a blockchain merge-mined with Bitcoin, has gained around 1,200 Phash/s, which is two times higher than the average hashrate per day of Bitcoin SV (BSV), which has 568.87 Phash/s at the moment of writing. The project is right on track to outcompete Bitcoin Cash (BCH) with its 1.43 Ehash/s.

Jax.Network utilizes a merge-mining algorithm that allows miners to dedicate their computational resources to finding a proof-of-work not only in its own network but also in the Bitcoin network. Thus, by reusing the hashrate of the Bitcoin network, the Jax.Network blockchain leverages enhanced security and puts a check on potential inflation compared to a standalone network.

Such a technical solution offers increased incentives for miners. Apart from extra block rewards and transaction fees, miners, who decide to join JaxPool, an official pool by Jax.Network, can benefit from negative pool fees on BTC mining and up to a 1% bonus on BTC mining activities. It could be fair to assume that this offer helped to attract a lot of attention to the network, resulting in 1,200 Phash/s of combined hashrate in less than two months. At the moment, that’s nearly twice more than the BSV network.

“Once miners test our network and understand how much more profitable it can be, we may see a rapid increase in hashrate. I would even assume that we might capture 100% of hashrate of the Bitcoin network,” Vinod Manoharan, Founder of Jax.Network, commented.

About JaxPool

JaxPool is a BTC mining subpool under a top-5 mining pool. Its goal is to merge-mine Bitcoin with the Jax.Network blockchain and provide miners with increased profitability.

About Jax.Network

Jax.Network provides the technological infrastructure for a decentralized energy-standard monetary system. The Jax.Network blockchain is anchored to the Bitcoin network and issues two digital currencies JAX and JXN. Jax.Network aims at making these coins a universal standard for the quantification of economic value. Established in 2018, the company united professionals from all over the world to build a blockchain network based on the Proof-of-Work consensus mechanism and pure state sharding as a scaling solution.

CONTACT Viktoriya Nechyporuk, Marketing Communications Lead   
COMPANY Jax.Network
PHONE +380 67 657 0029
EMAIL viktoriya@jax.net
WEB https://jax.network

Swakop Uranium Launches Sustainable Development Report Highlighting Milestone Achievements on Multi-dimensional Practice

WINDHOEK, Namibia, Sept. 16, 2022 /PRNewswire/ — Swakop Uranium (the “Company”), a subsidiary of China General Nuclear Power Corporation(CGN), recently released its 2021 sustainability report in the Namibian capital, Windhoek. The report detailed the company’s performance and practices in Namibia, while also highlighting official statistics and social responsibility undertakings.

Ms. Kornelia Shilunga, Deputy Minister of Mines and Energy for Namibia, commended the publishing of the 2021 Swakop Uranium Sustainability Report and lauded the Company for demonstrating a commitment to good corporate governance and transparency. The Husab Mine is an important contributor to the country’s economy and is the largest employer in the Namibian mining industry with over 1,700 permanent employees and 1,000 contractors.

Swakop Uranium Board member and Chairperson of the Swakop Uranium Sustainability Development Committee, Ms. Inge Zaamwani-Kamwi, said “The 2021 report highlights the positive sustainable development impacts of the Company in Namibia, particularly in the Erongo Region. Through this report, we can see the Company is committed to fully supporting national development imperatives and the United Nations Sustainable Development Goals. Continuous business development is an integral part of  Swakop Uranium’s business strategy, with goals to build a world-class company that Namibia can be proud of.”

Economic and Commercial Counselor at the Chinese Embassy in Namibia, Mr. Liu Mingzhe, thanked all stakeholders for their long-term support and assistance with the Swakop Uranium. Through CGN, China has made its largest project investment in Africa in the form of the Swakop Uranium Husab Mine, with an investment of more than US$ 5 billion which contributed 3.2 billion NAD to the local economy in 2021. The localization of the workforce is also an important goal for the Company, striving to employ a workforce comprising 96% of local talent through various training programs put in place to ensure a competent and dedicated workforce. CGN is also actively sourcing renewable energy, and recently built a 12-megawatt solar power station at the mine.

In his foreword in the report, the CEO of Swakop Uranium, Mr. Qiu Bin, thanked shareholders, key stakeholders, and employees for building positive and constructive relationships that have enabled Swakop Uranium to be successful and create a long-lasting and positive legacy in Namibia.

For more information, please visit Swakop Uranium or download the report from https://we.tl/t-278qvPaO0d.

Photo – https://mma.prnewswire.com/media/1900683/1.jpg
PDF – https://mma.prnewswire.com/media/1900693/2.pdf

Global Times: Xi’s key visit to C.Asia shows China’s strategic vision, charms SCO summit with ‘hopes, opportunities and certainty’

BEIJING, Sept. 16, 2022 /PRNewswire/ — Chinese President Xi Jinping is now paying his first foreign visit since the COVID-19 pandemic to Central Asia, and to attend the Shanghai Cooperation Organization (SCO) Summit. This major diplomatic activity has drawn attention around the globe and charmed the key multilateral event in Samarkand with frequent bilateral meetings with the leaders of other SCO members and key partners across the Eurasia continent. 

By Thursday, heads of state and leaders of other countries Xi has already met in his ongoing trip include Russian President Vladimir Putin, Kazakh President Kassym-Jomart Tokayev, Uzbek President Shavkat Mirziyoyev, Kyrgyz President Sadyr Zhaparov, Tajik President Emomali Rahmon, Turkmen President Serdar Berdimuhamedov, Mongolian President Ukhnaa Khurelsukh, Belarusian President Alexander Lukashenko and Azerbaijani President Ilham Aliyev. The regional partners and key members of the SCO expressed support to China-proposed initiatives on global development and security, and reaffirmed support to the one-China principle.

Experts said the reason why China chose Central Asia as the destination of the first foreign visit by its top leader since the onset of the COVID-19 pandemic is that China has attached greater importance on or even prioritizes relations with neighbors, developing countries and the multilateral or international organizations like the SCO.

China is paying great efforts via the head-of-state diplomacy to better form a stable and certain international environment to serve not only its own development but also the shared peace and prosperity of the region and the majority of international community, said analysts.

Popularity and charm

During the meeting with Putin, Xi said China is ready to work with Russia in extending strong support to each other on issues concerning their respective core interests. China is also willing to deepen pragmatic cooperation in such areas as trade, agriculture and connectivity, Xi added.

Thursday’s face-to-face in-depth communication between the top leaders of China and Russia – two neighboring major powers and key SCO members with global influence – is not only important to the stable development of the bilateral relations, but also of great benefits to regional peace and stability, experts said.

In 2013, Xi firstly initiated the Silk Road Economic Belt, a part of the Belt and Road Initiative (BRI), during his visit to Kazakhstan. The initiative has already benefited many countries’ development around the globe in the past 10 years. This time, Xi’s key diplomatic activity to Central Asia will also bring new significant long-standing influence to not only the region but also the world, experts said.

Deng Hao, secretary-general of the China Center for SCO Studies, told the Global Times on Thursday that China and Central Asian countries are friendly neighbors and close partners, and the situation of the region will directly affect the stability and development of China’s western territory, adding it’s also significant to China’s energy security and the construction of the Belt and Road. So China choosing this region for the first head-of-state foreign visit since 2020 proves that China attaches great importance to the ties with regional partners, said Deng.

Since the Russia-Ukraine conflict and Kazakhstan’s political turmoil earlier this year, regional peace and stability are under threat, and the conflicts between Azerbaijan and Armenia in recent years also increase the risks and concerns to the region, it’s important for China, as a major power with notable national strength and economic capability, to play a greater role in promoting cooperation and boosting interconnectivity to better link East Asia, Central Asia, Europe, the Middle East and South Asia, experts said.

“This is why the Chinese president is so popular among the region and countries from other regions with great interests to seek membership or partnership with the SCO, as the frequent bilateral and multilateral meetings showed the great charm of China’s head-of-state diplomacy,” Deng noted.

Xi has received warm welcomes and hospitality with highest respects in both Kazakhstan and Uzbekistan. On Wednesday afternoon, Xi received the Order of the Golden Eagle, or “Altyn Qyran” Order, awarded by Kazakh President Tokayev at the Ak Orda Presidential Palace in Nur-Sultan, Xinhua reported. The Order of the Golden Eagle is the highest order Kazakhstan awards individuals in recognition of their significant contribution to Kazakhstan’s national development and friendly external relations.

Tokayev delivered remarks before awarding the order. He noted that Xi’s visit is a tremendous honor to Kazakhstan, according to Xinhua.

Xi put forward the great initiatives including Belt and Road cooperation and the building of a community with a shared future for mankind, and has made outstanding contribution to building a new type of international relations, Tokayev said, adding that the Global Development Initiative and the Global Security Initiative put forward by Xi are of particular strategic significance in resolving risks and challenges faced by today’s world.

On Thursday, Xi received the highest friendship award – Friendship Order – from Uzbek President Mirziyoyev. This is the first time that the order has been awarded since it was set up in March 2020, according to China Central Television.

Mirziyoyev held a grand welcoming ceremony for Xi at the airport on Wednesday evening. Nearly a hundred national flags of China and Uzbekistan were waving in the breeze. The hundred-meter-long carpet was flanked by valiant honor guards, Xinhua reported.

Head-of-state diplomacy

The SCO Summit is an important multilateral international event for the Chinese top leader to attend ahead of the 20th National Congress of the Communist Party of China (CPC) in October and the G20 Summit later this year.

Wang Yiwei, director of the Institute of International Affairs at the Renmin University of China, told the Global Times on Thursday that the SCO is a new type of an international organization that upholds new ideas and views on security, development and international relations.

The SCO is playing a key role for member states to solve border issues, to jointly counter terrorism, separatism and religious extremism, also known as “three evils,” and to boost economic cooperation and interconnectivity, so it’s a great public good for the international community that China and other founding members contributed to, Wang said.

“At the moment, the world is still facing the threat of the old ideas like the Cold War mentality, the bloc-to-bloc confrontation, and decoupling between major economies, so the SCO is offering a significant alternative to the future international order and the ties between major powers,” Wang said, noting that this is also a key reason why the Chinese top leader has chosen the timing of the SCO Summit to conduct his first foreign visit since 2020.

The face-to-face summit allows leaders of member states to have more direct conversations and a full exchange of views, which is of great significance for the members to reach consensus and take joint actions on major international and regional issues in the context of the current unstable international situation, Deng said.

“Popularity of the Chinese head of state during the trip also proves that many countries have great confidence in China’s development, and they hope China could play a greater role to guide the future of the regional development,” Deng noted.

Empowered by GWM L.E.M.O.N. DHT, the New Energy Model HAVAL H6 HEV Makes its Debut at Rugby World Cup Sevens 2022

BAODING, China, Sept. 16, 2022 /PRNewswire/ — On September 9, HAVAL H6 HEV, equipped with GWM L.E.M.O.N. DHT, showed up at the Rugby World Cup Sevens 2022, which is the first new energy model that GWM debuted in the South African market.

Empowered by GWM L.E.M.O.N. DHT, the New Energy Model HAVAL H6 HEV Makes its Debut at Rugby World Cup Sevens 2022

Outside the Cape Town Stadium, HAVAL H6 HEV attracted a lot of audiences attention. Some of them said that they like the exterior of the model and inquired about the configuration and the launch date.

“We hope to tap in the new energy market of South Africa with it, bringing our consumers a brand-new driving experience of new energy vehicles. Soon, HAVAL H6 HEV will be available in South Africa,” said Conrad Groenewald, HAVAL South Africa Chief Operations Officer.

The model is equipped with GWM L.E.M.O.N. DHT, matched with a powertrain of a 1.5T engine and dual motors.

With intelligent switching of the control system, the model can reach a balance between power performance and fuel consumption in various scenarios. When driving on urban roads at a low speed, the vehicle can be driven in the EV or series mode to achieve a quick start and reduce fuel consumption.

This new energy model currently has been launched in Australia, Thailand, and other regions.

CarExpert, a famous Australian automobile media, commented after the test drive, “The HAVAL H6 HEV is a good hybrid SUV. It shuffles smartly between petrol and electric power to deliver a blend of performance and economy, and a surprising turn of speed when you need it.”

As shown in the sales data released by the company, HAVAL H6 HEV has ranked top in Thailand’s Class C SUV market for a total of 10 months since it had been launched as of the end of July this year.

The L.E.M.O.N. DHT is independently designed and developed by GWM, which has the advantages of being highly integrated, high-intelligent and high adaptability. Through an intelligent control system, it can automatically switch the driving modes, such as EV, parallel-series connection, series connection and energy recovery, based on the current driving scenarios.

This allows the vehicle to provide users with fuel-efficient driving experiences in urban conditions and powerful driving experiences at a high speed. The system can be equipped in both HEV and PHEV power architectures.

In August this year, GWM HAVAL officially announced that it has started an all-around transformation to the new energy track. The company plans to raise its sales proportion of new energy models to 80% by 2025.

HAVAL, backed by the GWM L.E.M.O.N. DHT, will produce more new energy SUVs for worldwide users, which not only can adapt to their using habits about fuel vehicles, but also relieve the anxiety of driving range and safety of the new energy vehicles.

Photo – https://mma.prnewswire.com/media/1900664/image_1.jpg

UAE leaders congratulate President of Mexico on Independence Day

ABU DHABI, President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President Andrés Manuel López Obrador of Mexico on the occasion of his country’s Independence Day, observed on 16th September.

 

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, sent similar message of congratulations to the Mexican President on the occasion.

 

Source: Emirates News Agency

DEWA records growth of 73.6% in smart water meters between 2018 and 2022

Dubai Electricity and Water Authority (DEWA) recorded a growth in the number of smart water meters by 73.6% between 2018 and 2022. The number of smart meters increased from 566,214 meters in August 2018 to 983,185 meters in August 2022, designed according to the highest technical standards. DEWA has a secure and automated infrastructure to manage meter data. Automating meter readings helps customers receive instant information on their consumption patterns and effectively manage, monitor and control their consumption proactively anytime, anywhere. This also allows customers to promptly detect and fix water leakages to reduce waste. This sustains natural resources and preserves the environment.

 

“We support the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to make Dubai the happiest and smartest city in the world. Smart meters are the backbone of the smart grid, and one of the pillars of our digital transformation. They raise operational efficiency and reduce losses. DEWA has more than two million smart electricity and water meters in Dubai. DEWA’s Smart Meters Analysis and Diagnosis Centre monitors the smart meters remotely every 15 minutes. The smart grid is an integral part of DEWA’s strategy to develop state-of-the-art infrastructure for managing facilities and services according to smart and integrated systems using disruptive technologies and Fourth Industrial Revolution applications such as Artificial Intelligence (AI); Unmanned Aerial Vehicles (UAVs); Blockchain; Internet of Things (IoT), and others. It is a major pillar in the success of smart cities. It also ensures continuity and availability of services around the clock,” said HE Saeed Mohammed Al Tayer, MD & CEO of DEWA.

 

Smart meters help customers benefit from the Smart Living initiative launched by DEWA to help customers make smart decisions and adopt a responsible and sustainable lifestyle. The initiative has several features, including the Smart Living dashboard, which enables customers to monitor their consumption and obtain annual, monthly and daily consumption reports. ‘My Sustainable Living Programme’ enables customers to compare their consumption with that of similar homes and the Self-Assessment tool includes a survey on electricity and water usage for customers to assess their consumption. DEWA also provides the High-Water Usage Alert under the Smart Response initiative to help customers detect leakages in water connections after the meter.

 

Source: Dubai Electricity & Water Authority