GIGATONS, HEARST, and Alephium Partner

[Abu Dhabi, 09.12.24] — GIGATONS, HEARST, and Alephium have unveiled a transformative, solar-powered Bitcoin Mining project with Verifiable on-chain Carbon Credits. 

As one of the first initiatives powered by the GIGATONS platform - a technology and funding platform aiming to mobilise $100BN to deliver gigatons of CO₂ reductions at speed and scale - this project combines green energy infrastructure with blockchain technology to set a new standard for environmental accountability in crypto. (See GIGATONS Press Release for details on the broader platform).

Announced following COP28’s urgent calls for climate action and transparency, the initiative delivers tokenized, verifiable solutions that align financial returns with sustainability. Future phases aim to scale this model to other energy-intensive sectors, including AI datacentres.

Mining a Better Future

This groundbreaking initiative merges blockchain technology with green energy to create a tokenized supply chain that redefines sustainability, transparency, and innovation. Leveraging solar-powered systems and Alephium’s blockchain, it offers a scalable and climate-positive approach to cryptocurrency mining and other energy-intensive applications.

• Climate-Positive Mining: Each solar-powered system is expected to reduce over 4,500 tons of CO₂ annually, generating certified carbon credits
• Increased Profitability: Miners earn Bitcoin alongside income from tokenized carbon credits, aligning financial returns with sustainability
• Global Scalability: Off-grid, solar-powered systems enable deployment in solar-rich regions, unlocking decentralized energy solutions
• Verified Transparency: A tokenized ecosystem ensures traceability from capital to energy to assets and carbon credits, delivering verifiable accountability

By integrating renewable energy with blockchain, the project drives investment and innovation, addressing urgent climate challenges and building the foundations for a sustainable transition.

Blockchain-Enabled Net-Zero Finance 

Limiting global warming to 1.5°C requires greenhouse gas emissions to peak before 2025 and drop by 43% by 2030, according to climate experts. Achieving this goal is critical to avoiding irreversible environmental damage.

To meet these targets, COP29 estimates that $1 trillion in annual climate finance will be required by 2030, with half of this funding expected to come from private sector investments.

This project demonstrates how blockchain can bridge economic growth with climate action by offering transparent, scalable solutions that drive investment and build credibility in climate finance markets. 

By 2025, the initiative aims to fast track multibillion-dollar investments, underscoring blockchain’s potential to address the climate crisis and accelerate the transition to a sustainable future.

Paving the Way for Sustainable Investment

The Proof of Concept leverages the synergies between:

1. GIGATECH (the technology division of GIGATONS Group) will deploy the GIGA Protocol, enabling transparent validation of capital, real-world assets (RWAs), tokenized carbon credits, using a sophisticated DePIN digital twin metaverse for end-to-end verification on the Alephium blockchain
2. GIGASERVE (the physical infrastructure arm of GIGATONS Group) will supply an off-grid hybrid solar farm, providing renewable energy to power HEARST’s mining technology
3. HEARST will bring its advanced mining technology platform together with Bitmain Empire miners and ASIC chips, ensuring green crypto mining opportunities at scale
4. Alephium will serve as the project’s foundational blockchain, offering scalable, secure, and decentralized distributed ledger technologies to tokenize DePIN real world assets and high quality carbon credits natively

Together, these trailblazers are proving that the transition to net zero isn’t just a goal—it’s a lucrative and achievable reality.

Quotes from the Visionaries

Heston Harper, Co-CEO of GIGATONS:

“This project unlocks  the very essence of what the transition era demands - scalable solutions, verifiable impact, and green infrastructure. Together with HEARST and Alephium, we’re showcasing how climate tech can deliver both impact and opportunity at scale.”

Loic Ricci, COO of HEARST:

“Our mission has always been to enable green crypto mining at scale. Partnering with GIGATONS and Alephium allows us to go even further—building the sustainable foundation for blockchain and AI-powered technologies that will shape our future.  Once people understand what we are achieving here it is hard to imagine anyone mining any other way – this will be a true new gold standard both in terms of profit and sustainability”

Cheng Wang, Founder of Alephium:

“Together, we’re pioneering scalable, transparent solutions essential for the net-zero era. Blockchain serves as a critical foundation for the transition to a smart, connected, and clean energy future. This project demonstrates that scalability, security, and sustainability can thrive in harmony, paving the way for a decentralized and accountable ecosystem that stands the test of time”.

For media inquiries, please contact:

press@alephium.org

Will Spragg 

will.spragg@greenhouse.agency  

+447528307499 

 

Jessie Wilson 

jessie.wilson@greenhouse.agency 

+447763540629

Jenn Skyba

@jenn@hearstcorporation.io

+971 (0) 58 576 4124

About GIGATONS

Headquartered in ADGM, Abu Dhabi, UAE, GIGATONS is a next-generation technology and funding platform business accelerating gigatons of CO₂ reductions by scaling Net Zero Transport and Critical Power Infrastructure. By mobilising and tokenising capital, and integrating blockchain, AI, and leading-edge sustainable energy technologies, GIGATONS’ GIGA Protocol unlocks scalable, verifiable, and impactful transition era opportunities worldwide. Building on the success of GRIDSERVE, the UK’s leading sun-to-wheel EV charging business created by the founders of GIGATONS, the business aims to replicate and expand these achievements globally.

About HEARST

Hearst specializes in green crypto mining and AI computing, providing scalable solutions for the blockchain and AI industries with a focus on sustainability. The company’s purpose is to innovate in the neo computing industry, taking practices and industry, with the support of partners to the next level.

About Alephium
Alephium is a next-generation Proof-of-Work blockchain combining scalability, energy efficiency, and smart contract capabilities to enable decentralized solutions for a better future.