Public Profile

Layer1 Technologies Inc.

Layer1 Technologies Inc., headquartered in the United States, is a pioneering force in the blockchain and cryptocurrency industry. Founded in 2017, the company has rapidly established itself as a leader in the development of innovative mining solutions and infrastructure. With a focus on sustainable energy practices, Layer1 is committed to revolutionising the way cryptocurrency is mined, particularly in major operational regions across North America. The company’s core offerings include advanced mining hardware and proprietary software designed to optimise efficiency and reduce costs. Layer1's unique approach to integrating renewable energy sources sets it apart in a competitive market, positioning it as a key player in the transition towards greener blockchain technologies. Notable achievements include significant partnerships and advancements in mining technology, solidifying Layer1's reputation as a forward-thinking leader in the cryptocurrency space.

DitchCarbon Score

How does Layer1 Technologies Inc.'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.

3

Industry Average

Mean score of companies in the 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.

0

Industry Benchmark

Layer1 Technologies Inc.'s score of 3 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.

0%

Layer1 Technologies Inc.'s reported carbon emissions

Layer1 Technologies Inc., headquartered in the US, currently does not have any publicly available carbon emissions data for the most recent year, nor do they have specified reduction targets or climate pledges. Without specific emissions figures or commitments, it is challenging to assess their climate impact or sustainability initiatives. However, the company may still be engaged in industry-standard practices aimed at reducing carbon footprints and enhancing environmental responsibility. As the landscape of corporate climate commitments evolves, it is essential for companies like Layer1 Technologies to establish clear targets and transparent reporting to align with global climate goals.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Layer1 Technologies Inc.'s primary industry is , which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Layer1 Technologies Inc. is headquartered in US, which has a rank of low, indicating low grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Layer1 Technologies Inc. is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers