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What is the impact of cryptocurrency mining on the environment?

U.S. Green Technology

Is it possible to harm the environment when using cryptocurrency? The post What is the impact of cryptocurrency mining on the environment? The post What is the impact of cryptocurrency mining on the environment? Green Technology. How can electronic money be connected with nature in general? appeared first on U.S.

Carbon 65
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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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AI and crypto mining are driving up data centers’ energy use

The Verge: Energy

Photo by Niall Carson/PA Images via Getty Images Data centers could gobble up twice as much electricity by 2026 thanks in large part to cryptocurrencies and artificial intelligence, according to a new report from the International Energy Agency (IEA). Electricity demand for cryptocurrencies is expected to jump by 40 percent by 2026.

Energy 121
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How to mine BTC with Wind Energy?

The Environmental Blog

It is common knowledge that cryptocurrencies can have devastating effects on the environment. This is due to the proof-of-work consensus mechanism used by most cryptocurrencies. The green movement refers to the switch from nonrenewable resources to renewable sources for cryptocurrency mining. Let us introduce wind energy to you.

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Technology Trending: Bitcoin mining, generative AI, hydrogen vehicle

Smart Energy International

Bitcoin mining energy consumption revised downwards, Samsung to add generative AI to home appliances and a hydrogen-powered van doubling the range of an EV are on the week’s technology radar. With the progressive reduction in chip size, there has been a corresponding reduction in power needed to transmit data.

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US judge halts government effort to monitor crypto mining energy use

The Guardian: Energy

A federal judge in Texas has granted a temporary order blocking the new requirements that would ascertain the energy use of the crypto miners, stating that the industry had shown it would suffer “irreparable injury” if it was made to comply.

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Circulor, TotalEnergies and Recycling Technologies unveil plastic waste traceability software

Business Green

Dubbed Trackcycle, the software has been developed through a partnership between Circulor, French oil and gas giant TotalEnergies and chemical plastics Recycling Technologies, with additional backing from the government's innovation agency Innovate UK.