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Understanding NFTs and energy consumption

Inhabitat - Innovation

Non-fungible tokens (or NFTs) are the newest players in the cryptocurrency market, and their environmental impact may surprise you.

Energy 277
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AEP OnSite Partners signs LOI to develop solar field to power cryptocurrency mining

Renewable Energy World

Sangha Systems, developers of an 82-MW cryptocurrency mining facility at a former steel mill in Hennepin, Illinois announced that it has signed a letter of intent (LOI) with AEP OnSite Partners to develop a 2 – 5-MW behind-the-meter solar power array to begin to migrate its electricity consumption towards clean energy.

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How Did Crypto Save a Hydropower Plant in Costa Rica?

Energy Central

The cryptocurrency sector is adopting more renewable electricity to shrink its carbon footprint and lower operational costs. Industrial energy consumers are influencing the clean energy market, especially hydropower. These objectives are affecting different industries’ energy consumption patterns.

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Can Cryptocurrency Make the World a Better Place and End Our Toxic Relationship With the Environment?

Green Living Guy

There has been much speculation surrounding cryptocurrencies and if they have helped or hindered our financial market and future. The post Can Cryptocurrency Make the World a Better Place and End Our Toxic Relationship With the Environment? However, like most things, there are always pros and cons.

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Tech Talk | The AI energy challenge

Smart Energy International

But now AI is entering the mass market with Samsung’s new S24 range of Galaxy mobiles full of AI-powered features. Of this, the majority, almost three-quarters, was from traditional data centres, with almost all of the rest from cryptocurrencies.

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Argo Blockchain purchases two data centers powered by hydro in Quebec

Renewable Energy World

Argo Blockchain, a cryptocurrency mining company, has completed the acquisition of two data centers in Quebec, Canada, powered almost entirely from hydropower. Argo Blockchain plc is headquartered in London, UK and its shares are listed on the Main Market of the London Stock Exchange and on the OTCQX Best Market in the U.S.

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A Blockchain-Enabled Smart Meter for Clean Power Trading?

GreenTechMedia

Blockchain’s energy sector uses range from the highly speculative—think peer-to-peer energy trading using cryptocurrency raised in initial coin offerings (ICOs)—to more incremental efforts, grounded in real-world challenges of operating an increasingly decentralized power grid.