ENCRYPTION SPACE

Technology-first approach The facilities and technologies we choose to use, are purpose-built to get the most out of our dedicated hardware. The result? Best-in-class efficiency, advanced cooling in every climate, and powerful overclocking capabilities. High-quality infrastructure; mining for the long term.

we’re pioneers in Bitcoin mining. Hands-on market experience and expertise have never been more important to being at the forefront of a maturing industry. Our heritage dates all the way back to the early days of digital asset mining. We strive continuously to find new efficiencies in the latest hardware, high-quality infrastructure, and leading software technologies - driving long-term value for our investors, whilst managing our risks and operating sustainably.

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🔼The Role of Bitcoin Mining in the Energy Industry Bitcoin mining requires vast amounts of energy to power the specialized computer equipment needed to solve the complex mathematical problems of validating transactions on the blockchain. As such, it has become a topic of interest for the energy industry. On the one hand, the energy industry can benefit from the energy demand generated by Bitcoin mining. For example, renewable energy sources such as wind and solar have the potential to provide reliable and sustainable energy for mining operations. In regions with excess energy production, Bitcoin mining can also help alleviate the need for energy storage by using excess energy to power mining operations.

On Bitcoin Miners: No More Basement Rigs, Bigger Profits Back in the early days, when Bitcoin ( BTC ) was a niche experiment for cypherpunks and basement-dwelling enthusiasts, its creation required only CPUs on a budget. Since then, however, an entire industry has sprung up, and a quasi-gold rush comparable to the 1850s has swept the world. Due to the increase in the difficulty of Bitcoin mining and the decline in the profitability of solo mining, the current mining industry has become an industry dominated by large conglomerates. The rise of cooperative mining, ostensibly dubbed Bitcoin’s industrial revolution, has been a game-changer for everyone. the CPU mining quickly became obsolete, replaced by more powerful GPU-based systems, and facing the threat of obsolescence, many old-school miners banded together to create the groundbreaking mining pools that are the norm today.

👍Removing Doubts - Renewably Sourced Bitcoin Can Secure a Clean Energy Future  1️⃣Awareness of the environmental costs of Bitcoin mining is good for the industry 2️⃣Many Bitcoin Mining Companies Already Use Renewable Energy 3️⃣Bitcoin mining will help absorb excess electricity

🔝Improve utilization efficiency When it comes to efficiency, we lead the way. Enables ultra-high-density computing with more efficient, higher-quality cooling for lower PUE ratios. That means you get higher utilization and performance at lower cost.

📊Accelerate the birth of the world's best ideas At Encryption Space, we're helping innovative and ambitious organizations reimagine what they think can be achieved with the power of cloud computing. Together, we harness Europe's largest regional clean energy high-performance computing capacity to bring breakthrough ideas and previously unattainable ambitions to life.

JUST IN: 🟠 Pro-Bitcoin candidate Miguel Albuquerque has won the Madeiran regional election 🇵🇹

Bitcoin is one of the greatest assets in the world, and our success in mining comes from continually breaking records and earning more Bitcoins every day.

💰 This is the decentralization of Bitcoin mining

🌐We are pioneers, questioning and learning as we go. 🌐We work hard to make things happen, acting at speed and with quality. 🌐We care for now and tomorrow, supporting each other and the planet.

Building for the most advanced technology roadmaps Marginal gains are just that – marginal, but we build for the furthest technology roadmap. We don’t iterate. We transform. Encryption space mining is here for those that strive to think differently. For businesses who know where they’re going and how they’re going to get there. The progressive, the adventurous, the revolutionaries. We don’t fear the future. We’re already shaping it. And we’re here to shape it with you.

From personal stories of resilience to community empowerment, the Bitcoin Explorers unveil the transformative power of Bitcoin in everyday lives 🇹🇷 https://www.btctimes.com/news/the-bitcoin-explorers-share-inspiring-stories-from-the-turkish-frontier

We build, own and operate data centers and power infrastructure to mine Bitcoin. We've been using the right energy to mine Bitcoin since 2019. Introducing ENCRYPTION SPACE for sustainably mined Bitcoin. Powering the future of the Bitcoin network Our mission is to continue to expand and secure the Bitcoin network. We use the latest hardware and innovative infrastructure technologies to deliver industry-leading operational and energy efficiency. We specialize in self-mining, whether on a website we own and operate or through third-party hosting.

1️⃣Total energy consumption Total energy consumption is defined as the sum of all electrical energy consumed by center operations, including contracted third-party data centers. Energy consumption data is provided by contract energy suppliers based on data center location. 2️⃣Energy Share of emissions-free energy and fossil energy, where emissions-free energy is defined as electricity from renewable sources (such as hydro, wind, solar) and nuclear. The share of emission-free energy is determined by multiplying the data obtained in the fuel mix by the amount of energy used by the data center. 347 GWh (74%) of energy was zero-emission, while the majority (226 GWh/65%) came from renewable sources. 121 GWh (26%) came from fossil fuel sources. 3️⃣Compensation To compensate for its 121 GWh reliance on fossil fuels by 2022, Encryption Space purchased 147 GWh of RECs (Renewable Energy Certificates) to make its data center operations 105% carbon neutral by 2023. By purchasing RECs, Encryption Space is advocating for progressive clean energy policies, markets and technologies, and believes in its economic and environmental benefits. Purchased RECs are decommissioned based on energy consumption in the North American Renewable Registry (NARR) and are a combination of certified Green-e, wind and solar. The total capital expenditure

Crypto miners operate vast buildings filled with computers that solve complex problems in exchange for “rewards” from the network in the form of crypto coins. It’s a cutthroat, painstaking and technical process. The cost of the hardware is significant. The power consumption is epic. And the business of finding land with a power source big enough for both the processing and for cooling the machines is tough. But for those that get it right, and are believers that the crypto craze will continue, it feels like the California gold rush: a once-in-a-lifetime opportunity to extract an enormous amount of value from essentially nothing.

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Bitcoin mining combines areas of expertise: renewable energy and traditional mining. Leverage excess renewable energy and support energy network opportunities while building profitable businesses in emerging areas Leveraging our unique position in the market, the path has always been clear. ENCRYPTION SPACE's business model is built on sustainably mined Bitcoin, focusing on sustainable scaling from the beginning rather than adding it as an afterthought Commodification of hardware technology: The widespread use of mining chips has leveled the playing field, meaning hardware manufacturers no longer have a competitive advantage Industry size: Bitcoin adoption continues, with global Bitcoin mining revenue exceeding $9 billion in 2022