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From Waste to Wealth: SGTM, Modern Thermal Design, and USA ASIC Drive Cryptocurrency AI Data Centers Forward - Updated
Globenewswire· 2025-10-03 14:35
Core Insights - The Sustainable Green Day, Ltd. (SGTM) is pursuing innovative waste-to-energy solutions to address the rising electricity demand from AI technology and cryptocurrency data centers [1][2] - SGTM's partnership with Modern Thermal Design and USA ASIC aims to create a sustainable circular economy by converting waste into renewable energy [2][5] Company Initiatives - SGTM plans to develop a biomass facility capable of processing 300 tons of waste per day, with scalability based on available feedstock [4] - The company recognizes the opportunity presented by over 2 billion tons of global biomass waste generated annually, viewing it as a means to tackle environmental challenges [5] Strategic Partnerships - The collaboration with Modern Thermal Design focuses on optimizing renewable energy systems to support the increasing demand from AI data centers [3][8] - USA ASIC is involved in providing energy-efficient mining solutions, aligning with SGTM's goals of sustainable energy production [9] Environmental Impact - The initiative is positioned as a step towards reliable green energy solutions, contributing to environmental restoration and reducing greenhouse gas emissions [5][6] - SGTM's technology aims to transform organic waste into valuable products, promoting sustainable agricultural practices [6]
From Waste to Wealth: SGTM, Modern Thermal Design, and USA ASIC Drive Cryptocurrency AI Data Centers Forward
Globenewswire· 2025-10-03 12:36
Core Insights - The Sustainable Green Day, Ltd. (SGTM) is pursuing innovative waste-to-energy solutions to address the rising electricity demand from AI technology and cryptocurrency data centers [1][2] - SGTM's partnership with Modern Thermal Design and USA ASIC aims to create a sustainable circular economy by converting waste into renewable energy [2][3] - The company plans to develop a biomass facility capable of processing 300 tons of waste per day, leveraging its extensive experience in biomass management [4][5] Company Overview - SGTM generates over 2 billion tons of global biomass waste annually, viewing this as an opportunity to tackle environmental challenges and promote reliable green energy solutions [5] - The company focuses on converting organic waste into valuable products, such as "Water Less Garden" soil and "Living Mulch," using advanced carbon capture technology [6] - SGTM aims to replicate its waste-to-energy model across its facilities and AI data centers, contributing to environmental benefits [5] Partnership Details - The collaboration with Modern Thermal Design and USA ASIC is designed to support cryptocurrency mining operations while addressing waste management issues [3][5] - Modern Thermal Design brings over 100 years of combined experience in renewable energy and large-scale commercial applications to the partnership [8] - USA ASIC focuses on providing energy-efficient and cost-effective mining solutions for the cryptocurrency sector [9]