Bitmain Technologies Limited Sustainability Profile
Bitmain Technologies Limited, commonly referred to as Bitmain, is a leading player in the cryptocurrency mining industry, headquartered in China (CN). Founded in 2013, the company has rapidly established itself as a pioneer in the design and manufacture of ASIC (Application-Specific Integrated Circuit) miners, which are essential for efficient Bitcoin mining operations. With major operational regions spanning across Asia, North America, and Europe, Bitmain has consistently delivered innovative products, including the Antminer series, known for their high performance and energy efficiency. The company has achieved significant milestones, such as being one of the first to introduce advanced mining hardware, solidifying its market position as a top supplier in the blockchain technology sector. Bitmain's commitment to research and development continues to drive its success, making it a formidable force in the ever-evolving cryptocurrency landscape.
DitchCarbon Score
How does Bitmain Technologies Limited's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Computer Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Bitmain Technologies Limited's score of 20 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bitmain Technologies Limited's reported carbon emissions
Bitmain Technologies Limited, headquartered in China (CN), currently does not report any specific carbon emissions data, as indicated by the absence of figures in the latest emissions data. Furthermore, there are no documented reduction targets or climate pledges from the company, suggesting a lack of formal commitments to address carbon emissions at this time. As a current subsidiary, Bitmain's climate initiatives and emissions data may be influenced by its corporate family relationships, but no specific cascading data from parent organizations has been provided. This context highlights the need for greater transparency and commitment to climate action within the industry, particularly for companies involved in technology and manufacturing sectors. Overall, without specific emissions data or reduction targets, Bitmain Technologies Limited's climate commitments remain unclear, underscoring the importance of establishing measurable goals and reporting practices in line with industry standards.
How Carbon Intensive is Bitmain Technologies Limited's Industry?
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Bitmain Technologies Limited's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Bitmain Technologies Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
