Understanding NFTs and energy consumption
Inhabitat - Innovation
APRIL 8, 2021
Non-fungible tokens (or NFTs) are the newest players in the cryptocurrency market, and their environmental impact may surprise you.
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Inhabitat - Innovation
APRIL 8, 2021
Non-fungible tokens (or NFTs) are the newest players in the cryptocurrency market, and their environmental impact may surprise you.
Renewable Energy World
JUNE 7, 2021
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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Manufacturing Sustainability Surge: Your Guide to Data-Driven Energy Optimization & Decarbonization
Energy Central
MARCH 9, 2022
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.
Green Living Guy
DECEMBER 15, 2020
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.
Smart Energy International
JANUARY 29, 2024
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.
Renewable Energy World
MAY 13, 2021
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.
GreenTechMedia
OCTOBER 21, 2020
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.
Business Green
MAY 13, 2021
The market is dominated by Chinese bitcoin miners who are often reliant on coal power and account for around 70 per cent of bitcoin production, according to data from the University of Cambridge's Centre for Alternative Finance.
Smart Energy International
MAY 12, 2022
“By pairing the draft criteria with our decentralised technology solution for certifying renewable energy-powered mining, we can help accelerate decarbonisation of Bitcoin and other cryptocurrencies.”. Sign up to our newsletter and stay informed.
Smart Energy International
FEBRUARY 15, 2022
With its circuit innovations, Intel anticipates delivering a blockchain accelerator that has over 1000x better performance per watt than mainstream GPUs for SHA-256 based mining, i.e. for Bitcoin and other cryptocurrencies that use the SHA-256 hashing algorithm.
The Verge: Energy
MARCH 27, 2024
. | Photo by Meiramgul Kussainova/Anadolu Agency via Getty Images A new study finds that Bitcoin mining paired with green hydrogen could help speed up a transition to clean energy — an eyebrow-raising claim, considering strong evidence that the cryptocurrency is a big polluter. But how the future market will look like, nobody knows.”
Renewable Energy World
NOVEMBER 15, 2021
Bitfarms purchased the 24 MW of infrastructure in Washington, with a dedicated cryptocurrency mining operation powered by low-cost green hydro power, for total consideration of US$26 million: US$23 million in cash and US$3 million in common shares based on a price of US$7.17, for a total of 414,508 shares.
Smart Energy International
OCTOBER 30, 2022
Filecoin Green, Protocol Labs’ initiative to decarbonise the open-source, public cryptocurrency and digital payment Filecoin Network, has launched CO2.Storage, Web3 data storage solution for carbon offsets. Robots could speed up battery development.
Clean Energy Trust
JULY 1, 2019
Link Despite the tariffs on overseas solar panels, Wood Mackenzie expects the solar market to grow this year by 25%, up from a prior estimate of just 14%. Link Facebook announced Libra, their new blockchain and cryptocurrency project. What’s driving this? It looks like a bit of supply and a bit of demand.
Smart Energy International
FEBRUARY 25, 2022
The Crypto Climate Accord has reported demonstrations of decarbonisation on the demand side of the crypto market. Green cryptocurrency mining demonstrated Energy Web, RMI, AIR partner on green blockchain action. “We Associate at RMI, one of the Accord’s co-founders. Have you read?
Latham's Clean Energy Law Report
AUGUST 16, 2022
A major voluntary carbon standard invites comments on linking carbon credits with crypto instruments and tokens, highlighting emerging questions around blockchain transactions in voluntary carbon markets. By JP Brisson , Michael Dreibelbis , Brett Frazer , and Nick Eberhart.
Smart Energy International
MARCH 18, 2022
Voltus asserts to being the only distributed resource software platform integrated into all nine US and Canadian wholesale power markets. “Voltus can remotely reduce our electricity consumption nearly to zero, helping to keep the homes and communities around us fully powered,” he explains. Sign up to our newsletter and stay informed.
Smart Energy International
MARCH 1, 2022
Cryptocurrency mining as a service’ proposed to maximise renewable energy output Grid interactive data centres – an emerging flexibility option. Two countries currently in the sights are Nigeria and Indonesia, with feasibility studies for flare gas utilisation set to be undertaken. Have you read?
GreenTechMedia
SEPTEMBER 12, 2019
Still, progress has been slow and driven almost entirely by startups that either have limited funding or the ability to willfully ignore the range of regulations surrounding electricity markets. At the highest level that requires a rethinking of everything — business models, market designs, regulations and rates.
Renewable Energy World
NOVEMBER 26, 2021
Blockchain is most commonly known as the technology that underpins cryptocurrencies, the most well-known of which is Bitcoin. By Sarah Casey — Climate Council Portfolio Director. But the capability of the technology goes further than just the banking industry as it can also be harnessed to transform the renewable energy industry.
Low Impact
DECEMBER 13, 2020
So it doesn’t matter if you’re a timebank or a Transition currency, or a LETS or a cryptocurrency – you can trade with other groups of different types, using the Credit Commons protocol, as long as you can define and agree an exchange rate. But I think that on the whole, banks haven’t felt too threatened by cryptocurrencies.
Greentown Labs
SEPTEMBER 23, 2021
Greentown is uniquely thrilled by this positive market signal as we’re actively working with 10 of the industry’s most promising carbontech startups in our Carbon to Value (C2V) Initiative , in partnership with Urban Future Lab and Fraunhofer USA. The IPCC report calls for a lot of carbon to be removed from the air.”. Here’s what they said.
DeSmogBlog
MARCH 31, 2022
In part, it turns out, by burning stranded natural gas directly at its oil wells — not in towering flares, but down in mobile cryptocurrency mines. The main value of cryptocurrency is as a tool for speculation. How does ExxonMobil plan to reach that goal? Roughly speaking, crypto miners compete with each other to solve complex puzzles.
Smart Energy International
JULY 29, 2022
New partnership to improve resilience and sustainability of data centres Microsoft bosses reveal role of data and innovation in the race to net zero Cryptocurrency mining and renewable energy: Friend or foe? asks Stefan Burger, Rapporteur for the forthcoming Markets in Crypto Assets (MiCA) regulation. Have you read? Waste energy use.
GreenBiz
MAY 5, 2021
Sold, to the cryptocurrency millionaire. Cryptocurrency and digital art are riding high on the tech hype cycle right now, but the current conversation around NFTs raises a critical question for anyone seeking to use blockchains as a sustainability tool: Are blockchains bad for the planet? Moving away from proof of work.
Smart Energy International
DECEMBER 14, 2023
Emerging concerns While developing the LTRA, NERC and the industry also considered trends and developments that have the potential to impact future reliability, including cryptocurrency, black start resources in extreme conditions, transformer supply chains and localised growth.
DeSmogBlog
JULY 12, 2023
Consumer Choice Center Fellow Maria Chaplia completed a Charles Koch Market-Based Management programme, while the group’s US Affairs Analyst Elizabeth Hicks undertook a Koch Associate Programme at the Charles Koch Institute.
Smart Energy International
MAY 9, 2022
Have you read: Water utility attacked by sophisticated timed malware European water utility attacked by cryptocurrency mining malware No green grid without cybersecurity. 3] Russia is in the top tier of nations that both profit from, and are largely dependent on, the energy market. Exploration of energy sector significance.
Grist
MARCH 9, 2020
In the United States, the world’s biggest data center market, energy use actually plateaued over that time period — a sharp departure from the early 2000s, when a doubling of data center output meant a doubling in energy demand. Globally, demand for data center services rose by 550 percent between 2010 and 2018, a new study found.
AGreenLiving
APRIL 8, 2021
Non-fungible tokens (or NFTs) are the newest players in the cryptocurrency market, and their environmental impact may surprise you. At this point, you’ve probably heard about blockchain and cryptocurrencies like Bitcoin. At this point, you’ve probably heard about blockchain and cryptocurrencies like Bitcoin.
Andrew Winston
MAY 30, 2018
It’s the new technology that enables those wild cryptocurrencies. Tamperproof Ledgers Could Facilitate a New Energy Market. Blockchain’s shared, tamperproof ledger could verify all transactions, creating a new kind of energy market. I will dive into other uses later.).
AGreenLiving
MAY 5, 2021
Sold, to the cryptocurrency millionaire. Cryptocurrency and digital art are riding high on the tech hype cycle right now, but the current conversation around NFTs raises a critical question for anyone seeking to use blockchains as a sustainability tool: Are blockchains bad for the planet?
Mr. Sustainability
MARCH 16, 2021
This resulted in bitcoin reaching another all-time high of $60,000, a clear sign of a bull market in full swing. At the moment, the cryptocurrency bull run does not seem to be at and end and will undoubtedly make more millionaires. Crypto’s are HOT at the moment. In a historic move, Tesla recently bought $1.5 worth of bitcoin.
Mearth
FEBRUARY 24, 2021
Users can hold and spend bitcoins from a cryptocurrency pockets. Carving up crypto supplies an overview of how regulators are serious about cryptocurrency in monetary companies, both within the United States and abroad. Blockchain also has potential functions far beyond bitcoin and cryptocurrency.
Mearth
FEBRUARY 1, 2021
At least three markets in the accumulator bet must have odds of 1,forty (2/5) or greater. The 1xBet cell app download is on the market for all units, beginning with iPhone 4 and higher. 1xBet has lengthy been on the market, that’ s why we provide not merely the most effective line of occasions, but also excessive odds.
Clean Energy Trust
APRIL 6, 2021
The fact that Kia is able to incorporate it in a vehicle they are aiming for the mainstream market (after tax credit the vehicle will start around $35,000 in the U.S. Turns out, many of the affluent early adopters who like innovative new fast electric vehicles also like innovative new cryptocurrencies.
GreenBiz
DECEMBER 10, 2020
Did you know Apple co-founder Steve Wozniak (aka Woz) has a cryptocurrency named after him? It needs to come from all of us together to compound this effect in such a way that it becomes a reality over our lifespan," says Woz in the marketing video on the Efforce website. "In Here’s the backstory.
Clean Energy Trust
APRIL 9, 2020
I would intuitively expect consolidation at some point in a new and crowded space down to a couple of major players; it will be interesting to see how the affiliations between delivery companies and these electric vehicle delivery startups may influence the broader market and potentially lead to a multitude of established brands.
AGreenLiving
DECEMBER 10, 2020
Crypto crowdfunding meets energy efficiency in Apple co-founder’s new venture Heather Clancy Thu, 12/10/2020 – 01:00 Did you know Apple co-founder Steve Wozniak (aka Woz) has a cryptocurrency named after him? Here’s the backstory. “This push can’t be a single person’s battle.
CleanTechnica
FEBRUARY 2, 2024
cryptocurrency mining operations in the United States has grown very rapidly over the last several. Cryptocurrency Mining Operations appeared first on CleanTechnica. Electricity demand associated with U.S. continued] The post Tracking Electricity Consumption From U.S.
CleanTechnica
JUNE 15, 2021
Over the years, Elon Musk has disrupted entrenched players in the aerospace, energy, and automotive industries. He’s also had a hand in trying to reduce “soul-crushing traffic” and building a healthy symbiosis with AI. In short, he thinks big. Musk also has had a profound impact on the finance sector.
CleanTechnica
JUNE 3, 2021
Atlanta-based Borderless Capital is investing $25 million in Miami blockchain startups that use an emerging alternative cryptocurrency platform called Algorand to help local companies build platforms for payments and capital markets leveraging blockchain technology.
CleanTechnica
JUNE 12, 2020
Zimbabwe has been experiencing a prolonged petrol and diesel shortage for 3 years and counting, with no solution in sight. The country is struggling to raise foreign currency to import these fossil fuels, so spending 30% of its hard-earned foreign currency by literally burning it in ICE vehicles is just crazy!
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