Crypto Awards 2024: Vekus, Algoritm Score Top Honors

Moscow hosted the Crypto Awards 2024, showcasing the year’s top companies and services in the crypto sphere. Vekus Mining Development claimed “Best Mining Data Center,” while “Best Full-Cycle Mining Company” went to Algoritm. The gala ceremony gathered over 250 attendees from the financial sector and blockchain community.

Event organizers highlighted a focus on sustainability and innovation this year. According to the committee, more than 60% of nominees employ green mining technology, collectively managing operations worth over $2 bln. Winners demonstrated record-breaking performance: Vekus achieved an average PUE of 1.12, and Algoritm’s production approached 1.4 EH/s.

The Crypto Awards aim to promote responsible mining and attract fresh investment into the market. The next ceremony is scheduled for spring 2025, promising even more participants from DeFi and AI-related fields.