renewable energy
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Powerledger Collaborates with Vietnam’s EVNCPC to Launch First P2P Energy Trading Project
On March 29, Australian energy trading technology company Powerledger announced on Tuesday that it would collaborate with Vietnam\’s Electricity Central Power Corporation (EVNCPC) t
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Tera Wulf deploys BITMAIN mining machines at the nuclear powered Nautilus facility
According to reports, TeraWulf Inc., a Bitcoin mining facility, announced that the company is deploying mining equipment manufactured by BITMAIN Technologies Ltd. (“BITMAIN”) to fill the 50 megawatt capacity of its nuclear powered Nautilus Bitcoin mining facility. The company currently owns two Bitcoin mining facilities: the fully owned Lake Mariner facility in New York and the Nautilus Cryptomine facility in Pennsylvania, a joint venture with Cumulus Coin, LLC. Tera Wulf’s domestic production of Bitcoin is powered by 91% of nuclear, hydro, and solar energy, with the goal of 100% utilization…
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Former CEO of Texas Power Grid: Bitcoin mining is good for Texas
It is reported that the former CEO of Texas Power Grid said that Bitcoin mining is good for Texas, it stabilizes the price and promotes more renewable energy to enter our system. Interpretation of this information: The recent statement from the former CEO of Texas Power Grid that Bitcoin mining is good for Texas is a noteworthy assertion that deserves consideration. Bitcoin mining is the process by which new bitcoins are entered into circulation, and it requires a lot of energy-intensive computational work to be performed by specialized computers. This…
