Fujian Province plans to establish a new LED lighting company with Taiwanese manufacturers to build a world-class semiconductor lighting manufacturer, and to seize the global lighting business opportunities, and plans to be listed on the A-share market in 2011. The Taiwan LED Street Light Industry Alliance said it did. Taiwan LED Street Light Alliance was established by more than 20 related manufacturers. The main members include LED epitaxial wafer factory Huanyuan Optoelectronics (3061), Datong Group's backlight module LED lighting manufacturer Fuhua (8085), LED packaging manufacturer Yiguang (2393), Lite-On (2301) Invest in LED lighting company Guanglin and so on. The new LED lighting company jointly established by the cross-strait planning will be jointly funded by cross-strait manufacturers. Taiwanese manufacturers will take up the work of technology and talents because they are leading in LED technology. The relevant units of the cross-strait cooperation in this cooperation signed a letter of intent for cooperation in October 2010. At present, the Fujian Province has already submitted a draft, and some Taiwanese manufacturers have already received the draft, which is undergoing evaluation. Taiwan LED Street Light Alliance introduced, 2012 will be the LED lighting application broke out for 1 year, now is the timing of supply chain manufacturers card position. In 2011, Fujian Province of China plans to install 300,000 LED street lights. In 2012, it plans to install 600,000 LED street lights. In 2013, the number of local LED street lights will reach 100-200 million, and the future LED street lights in Fujian Province. The scale of the device will reach 4-5 million baht. This scale is enough for Taiwanese manufacturers to establish enough experience in the field of LED street lights to promote world-class status.
Bitcoin mining is the process of creating new bitcoin by solving puzzles. It consists of computing systems equipped with specialized chips competing to solve mathematical puzzles. The first bitcoin miner (as these systems are called) to solve the puzzle is rewarded with bitcoin. The mining process also confirms transactions on the cryptocurrency's network and makes them trustworthy.
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In regions where electricity is generated using fossil fuels, bitcoin mining is considered detrimental to the environment. As a result, many bitcoin miners have moved operations to places with renewable sources of energy to reduce Bitcoin's impact on climate change.