#wind-powered bitcoin mining

[bitcoinversus]

Bitfarms Releases Footage, Offers Virtual Tour of Hydro-Cooled Mining Site in Paraguay

Bitfarms, a global leader in Bitcoin mining, has recently unveiled a virtual tour of its state-of-the-art hydro-cooled mining site located in Paraguay. The tour showcases the company’s advanced 50 MW facility in Paso Pe, which integrates cutting-edge hydro-cooled mining technology, a strategic move that underscores Bitfarms’ focus on sustainability and efficiency. Our 8 hydrominer containers in…

[mariacallous]

Anyone who has spent even 15 minutes on TikTok over the past two months will have stumbled across more than one creator talking about Project 2025, a nearly thousand-page policy blueprint from the Heritage Foundation that outlines a radical overhaul of the government under a second Trump administration. Some of the plan’s most alarming elements—including severely restricting abortion and rolling back the rights of LGBTQ+ people—have already become major talking points in the presidential race.

But according to a new analysis from the Technology Oversight Project, Project 2025 includes hefty handouts and deregulation for big business, and the tech industry is no exception. The plan would roll back environmental regulation to the benefit of the AI and crypto industries, quash labor rights, and scrap whole regulatory agencies, handing a massive win to big companies and billionaires—including many of Trump’s own supporters in tech and Silicon Valley.

“Their desire to eliminate whole agencies that are the enforcers of antitrust, of consumer protection is a huge, huge gift to the tech industry in general,” says Sacha Haworth, executive director at the Tech Oversight Project.

One of the most drastic proposals in Project 2025 suggests abolishing the Federal Reserve altogether, which would allow banks to back their money using cryptocurrencies, if they so choose. And though some conservatives have railed against the dominance of Big Tech, Project 2025 also suggests that a second Trump administration could abolish the Federal Trade Commission (FTC), which currently has the power to enforce antitrust laws.

Project 2025 would also drastically shrink the role of the National Labor Relations Board, the independent agency that protects employees’ ability to organize and enforces fair labor practices. This could have a major knock on effect for tech companies: In January, Musk’s SpaceX filed a lawsuit in a Texas federal court claiming that the National Labor Relations Board (NLRB) was unconstitutional after the agency said the company had illegally fired eight employees who sent a letter to the company’s board saying that Musk was a “distraction and embarrassment.” Last week, a Texas judge ruled that the structure of the NLRB—which includes a director that can’t be fired by the president—was unconstitutional, and experts believe the case may wind its way to the Supreme Court.

This proposal from Project 2025 could help quash the nascent unionization efforts within the tech sector, says Darrell West, a senior fellow at the Brookings Institution’s Center for Technology Innovation. “Tech, of course, relies a lot on independent contractors,” says West. “They have a lot of jobs that don't offer benefits. It's really an important part of the tech sector. And this document seems to reward those types of business.”

For emerging technologies like AI and crypto, a rollback in environmental regulations proposed by Project 2025 would mean that companies would not be accountable for the massive energy and environmental costs associated with bitcoin mining and running and cooling the data centers that make AI possible. “The tech industry can then backtrack on emission pledges, especially given that they are all in on developing AI technology,” says Haworth.

The Republican Party’s official platform for the 2024 elections is even more explicit, promising to roll back the Biden administration’s early efforts to ensure AI safety and “defend the right to mine Bitcoin.”

All of these changes would conveniently benefit some of Trump’s most vocal and important backers in Silicon Valley. Trump’s running mate, Republican senator J.D. Vance of Ohio, has long had connections to the tech industry, particularly through his former employer, billionaire founder of Palantir and longtime Trump backer Peter Thiel. (Thiel’s venture capital firm, Founder’s Fund, invested $200 million in crypto earlier this year.)

Thiel is one of several other Silicon Valley heavyweights who have recently thrown their support behind Trump. In the past month, Elon Musk and David Sacks have both been vocal about backing the former president. Venture capitalists Marc Andreessen and Ben Horowitz, whose firm a16z has invested in several crypto and AI startups, have also said they will be donating to the Trump campaign.

“They see this as their chance to prevent future regulation,” says Haworth. “They are buying the ability to avoid oversight.”

Reporting from Bloomberg found that sections of Project 2025 were written by people who have worked or lobbied for companies like Meta, Amazon, and undisclosed bitcoin companies. Both Trump and independent candidate Robert F. Kennedy Jr. have courted donors in the crypto space, and in May, the Trump campaign announced it would accept donations in cryptocurrency.

But Project 2025 wouldn’t necessarily favor all tech companies. In the document, the authors accuse Big Tech companies of attempting “to drive diverse political viewpoints from the digital town square.” The plan supports legislation that would eliminate the immunities granted to social media platforms by Section 230, which protects companies from being legally held responsible for user-generated content on their sites, and pushes for “anti-discrimination” policies that “prohibit discrimination against core political viewpoints.”

It would also seek to impose transparency rules on social platforms, saying that the Federal Communications Commission (FCC) “could require these platforms to provide greater specificity regarding their terms of service, and it could hold them accountable by prohibiting actions that are inconsistent with those plain and particular terms.”

And despite Trump’s own promise to bring back TikTok, Project 2025 suggests the administration “ban all Chinese social media apps such as TikTok and WeChat, which pose significant national security risks and expose American consumers to data and identity theft.”

West says the plan is full of contradictions when it comes to its approach to regulation. It’s also, he says, notably soft on industries where tech billionaires and venture capitalists have put a significant amount of money, namely AI and cryptocurrency. “Project 2025 is not just to be a policy statement, but to be a fundraising vehicle,” he says. “So, I think the money angle is important in terms of helping to resolve some of the seemingly inconsistencies in the regulatory approach.”

It remains to be seen how impactful Project 2025 could be on a future Republican administration. On Tuesday, Paul Dans, the director of the Heritage Foundation’s Project 2025, stepped down. Though Trump himself has sought to distance himself from the plan, reporting from the Wall Street Journal indicates that while the project may be lower profile, it’s not going away. Instead, the Heritage Foundation is shifting its focus to making a list of conservative personnel who could be hired into a Republican administration to execute the party’s vision.

[rjzimmerman]

Excerpt from this story from Canary Media:

Texas has become an all-around clean energy juggernaut, thanks to its lax permitting regime, fast grid-interconnection process, competitive energy market, and ample amount of solar- and wind-friendly land.

Its plans for the next year and a half underscore that status. As of July, the state intended to build 35 gigawatts of clean energy over 18 months, more than the next nine states combined, according to a Cleanview analysis of U.S. Energy Information Agency data.

Texas has long been the biggest player in U.S. wind energy. But in recent years, energy developers have raced to build solar in Texas too. Five years ago, the state had connected just 2.4 gigawatts of utility-scale solar to its grid; as of this past June, it had installed almost 22 GW of solar, per an American Clean Power report released this week. That’s nearly 10 times as much as back in 2019, and enough to propel Texas past California for large-scale solar installations.

Now Texas is writing its next chapter on clean energy: The state has become the nation’s hottest market for grid batteries as energy developers chase after its cheap solar and wind energy.

Given its staggering construction plans, Texas is set to only further solidify its place at the top of the clean energy leaderboard. But the rapid rise of the state’s clean energy sector has not yet yielded an outright energy transition, as the writer Ketan Joshi points out.

Though Texas has built more large-scale clean energy than any other state in absolute terms, it lags behind California — and plenty others — in terms of how clean its grid actually is. The Golden State met over half its electricity needs with renewables in 2023, per Ember data, while clean sources generated just 28 percent of Texas’ power. Electricity produced in the Lone Star State remains slightly more carbon intensive compared with the U.S. average.

Part of the story here is that, largely thanks to data centers and bitcoin mines, Texas is seeing some of the fastest growth in electricity demand of any state. That means much of the new solar, wind, and battery storage it’s building is just meeting new demand and not necessarily booting dirty energy off the grid.

The other hurdle preventing Texas from cleaning up its grid faster is the entrenchment of the fossil fuel industry in its local politics. Last year, the state passed a law creating a taxpayer-funded program to give energy developers billions of dollars in low-interest loans to build several gigawatts’ worth of new fossil-gas power plants.

In other words, the Lone Star state’s fossil fuel buildout isn’t ending even as its clean energy sector takes off. For Texas to be considered a true leader on decarbonizing the power sector — and not just a state that builds lots of everything — that will need to change. 

[unpluggedfinancial]

Bitcoin Doesn't Care Who's in the White House

In a world where headlines are dominated by politics and who's in power, it's easy to think that the fate of everything we value hinges on elections and leadership changes. But Bitcoin stands apart from all of that noise. Bitcoin doesn’t care who occupies the White House, which party controls Congress, or what policies are being debated on the Senate floor. It's a global, decentralized network that transcends borders, ideologies, and political shifts.

While the financial markets might respond to political promises and fiscal policies, Bitcoin follows its own code — literally. The fixed supply of 21 million Bitcoin, the halving schedule, and the consensus rules that keep it secure are immune to the whims of any political figure. No executive order can change its monetary policy, no legislation can increase its supply, and no government agency can decide its fate. This independence is at the core of what makes Bitcoin powerful. It's money for the people, designed to be resilient against central authority.

Every four years, nations might change leaders. Promises are made, broken, reinterpreted, or forgotten. But every ten minutes, another block is mined, adding to Bitcoin's blockchain — a symbol of consistency in an inconsistent world. Bitcoin provides financial freedom and sovereignty for anyone, anywhere, regardless of their country’s politics. It’s a reminder that while governments may come and go, and the political landscape can change like the wind, Bitcoin’s mission remains the same: to provide a fair, open, and predictable form of money for all.

This detachment from politics gives Bitcoin a unique appeal. It’s a form of savings that isn't tied to the political leanings or economic policies of any nation. People from every walk of life, regardless of political beliefs, are finding value in it. Bitcoin doesn’t discriminate; it’s not about left or right, but about forward. Forward to a world where individuals, not institutions, have control over their financial destiny.

Bitcoin’s resilience has been tested time and again. It has faced bans, regulations, misinformation campaigns, and skepticism from powerful institutions. Yet, it continues to grow stronger, largely because it cannot be controlled by any central authority. When governments print money to stimulate their economies, Bitcoin remains untouched by inflation. Its scarcity is coded into its DNA, making it a hedge against the devaluation of fiat currencies. This stability, in the face of economic uncertainty, draws people to Bitcoin as a secure store of value.

Consider the global nature of Bitcoin. It’s not only Americans who benefit from it being immune to Washington’s influence. Citizens of countries dealing with hyperinflation, strict capital controls, or political instability have turned to Bitcoin as a lifeline. It allows them to move value across borders, escape oppressive economic regimes, and preserve their wealth in a way that was never possible before. For many, Bitcoin represents hope — hope for a financial system that respects individual rights and freedom.

And while Bitcoin doesn't care who is in power, its very existence is a challenge to the traditional systems that thrive on centralized control. The beauty of Bitcoin lies in its simplicity and its fairness. Anyone with an internet connection can participate in the network, mine, trade, or hold Bitcoin without needing permission. This permissionless nature is revolutionary. It provides an alternative to those who feel left out or marginalized by the existing financial systems.

Bitcoin is often called “digital gold” because, like gold, it holds value beyond the reach of governments. But it’s more than that — it's programmable, portable, and easily divisible, making it accessible to everyone, from large-scale investors to individuals with only a few dollars to spare. Its technological foundation ensures that it remains a constantly evolving system, ready to adapt and improve without losing sight of its core principles.

In an ever-changing world, Bitcoin is a constant. It’s not influenced by campaign promises or election cycles. It continues to operate predictably and transparently, offering a form of financial security that doesn’t depend on political stability. It’s a system built by people, for people, where the rules are clear and can’t be manipulated by those in power. Bitcoin doesn't care who’s in the White House — and that’s exactly why it matters.

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[stephanmacro]

Study shows how wind and solar projects could profit from bitcoin mining

[cryptogirl2024]

El Salvador Leads Bitcoin Mining Revolution with Volcanic Energy

El Salvador is redefining Bitcoin mining by leveraging volcanic geothermal energy, cutting costs and environmental impact. Utilizing active volcanoes like Tecapa, geothermal power stations generate clean, renewable energy, addressing high energy consumption and environmental concerns tied to cryptocurrency mining.

This approach minimizes reliance on fossil fuels, making mining sustainable and cost-efficient. Renewable energy’s stable supply and lower costs support broader crypto adoption, encouraging other nations with geothermal, solar, or wind resources to explore similar solutions.

Amid Bitcoin's near $100K surge and record ETF inflows, El Salvador’s initiative offers a model for sustainable crypto mining. Renewable-powered operations counter criticism of Bitcoin's environmental footprint, highlighting its potential to complement green energy goals.

By pioneering clean-energy Bitcoin mining, El Salvador showcases how sustainable practices can drive cryptocurrency adoption while aligning with global carbon-reduction objectives.

[timesofinnovation]

In a groundbreaking initiative, Deutsche Telekom’s subsidiary, MMS, and Bankhaus Metzler have launched a pilot project aimed at utilizing surplus renewable energy for Bitcoin mining. This innovative approach not only aims to stabilize Germany’s energy grid but also broadens the horizons of blockchain technology's applications beyond just financial transactions. The pilot project is hosted by Riva GmbH Engineering in Backnang, where it leverages power generated from renewable sources, specifically during those times when energy supply exceeds demand. This is a common issue in renewable energy systems, particularly with solar and wind energy, where generation can be inconsistent. The project's key goal is to gather data that can help manage these energy surplus situations effectively. Whenever the production of renewable energy outstrips demand, rather than letting this energy go to waste, it can be redirected towards Bitcoin mining. This concept is rooted in the flexibility of cryptocurrency mining, which can adapt to variable energy supplies, making it an ideal match for balancing the grid. MMS will handle all mining operations, while Bankhaus Metzler is tasked with exploring potential financial applications of the cryptocurrencies generated through this sustainable endeavor. The collaboration embodies a forward-thinking approach, marrying traditional banking with cutting-edge technology. Hendrik König, from Bankhaus Metzler, emphasizes the vision of their project: not only to optimize energy usage but also to extend blockchain technology's reach into various sectors beyond finance. He envisions that as the importance of renewable energy continues to rise, Bitcoin mining could play a crucial role in energy management. This pilot project reflects the growing interest in sustainable energy practices among technology and financial institutions. The utilization of Bitcoin mining in this way has the potential for broader implications. As energy companies worldwide grapple with how to balance fluctuating production with consumption, this initiative could pave the way for further experimentation and innovation in energy management. Additionally, integrating Bitcoin mining into Germany's renewable energy strategy could serve as a model for other countries facing similar challenges in energy distribution and management. The impact of this initiative goes beyond immediate financial benefits; it addresses significant environmental concerns by minimizing waste from renewable energy sources. As Germany continues to lead the charge in renewable energy adoption, projects like this one exemplify how the country is willing to explore avant-garde solutions that leverage technology for sustainability. If successful, this pilot may lead to a more sustainable energy future that reduces reliance on fossil fuels while maximizing the use of renewable resources. The implications of this project illustrate that the shift to a sustainable economy is not just about harnessing renewable energy, but also finding innovative methods to utilize it effectively. As various sectors look more closely at blockchain, the intersection of cryptocurrency mining and renewable energy could provide significant breakthroughs, enabling companies to operate sustainably while navigating the financial landscapes of the future. In conclusion, the pilot project runs with the promise of not just enhancing energy usage efficiency, but also offering an inspiring model for balancing energy supply and demand through technological advancement. If executed successfully, German companies could showcase how integrating Bitcoin mining into energy management strategies can play a substantial role in the transition to a more sustainable and resilient energy infrastructure.

[lowendbox]

How Bitcoin Miners Are Becoming the Essential Power Source for AI Data Centers

Following the Bitcoin reward halving earlier this year, which reduced mining profits by 50%, many cryptocurrency miners are turning to artificial intelligence (AI) business models. In light of the cryptocurrency market’s volatility, Bitcoin miners are adapting their existing infrastructure to serve the data storage and computing needs of the AI sector. This transition not only provides a more stable and predictable revenue stream for firms operating in the mining industry, but it could also yield substantial benefits for the wider technology landscape. Energy has become a critical commodity in the AI industry due to the soaring demand for heavy-duty computing capacity. This is driven by AI applications such as ChatGPT, which reportedly require 10 times more energy than a standard Google search. To address this growing demand, AI companies are actively on the hunt for affordable power sources and large expanses of land for data centers. Having sufficient power available now is vital when considering it takes years to build high-performance computing (HPC) data centers from scratch, with current wait times for electrical-grid connections extending up to six years. In the industry’s favor, Bitcoin miners’ expertise in leveraging advanced equipment and securing substantial, low-cost energy makes them highly valuable partners for powering AI-driven data centers. In Bitcoin’s early days, miners discovered that expanding their computer rigs significantly boosted their profits, leading them to build vast server farms that harnessed cheap energy sources and operated around the clock – this is the scale that the AI industry is now seeking. Additionally, the advanced infrastructure developed by some Bitcoin miners, originally designed to solve complex cryptographic puzzles, is equally capable of handling the computationally intensive tasks required by AI. While not all mining rigs meet the standards of data center-grade infrastructure, more advanced miners have a proven track record deploying state-of-the-art technologies and engineering solutions like direct-to-chip cooling to get the best possible performance out of hardware. This capability enables Bitcoin miners to diversify their revenue streams and maximize returns on their investments. Many mining companies are already capitalizing on this opportunity. For example, Core Scientific (CORZ) has announced a partnership to host over 200 MW of graphic processing units (GPUs) for the AI startup CoreWeave. This contract is expected to generate net profits of approximately $3.78 billion, reflecting a 71% return. It’s clear that such collaborations can be a win-win situation as AI companies benefit from the infrastructure Bitcoin miners provide, while miners gain from the stability and potential profitability of AI computing revenue amid the current AI boom. With AI-driven data centers expected to account for 3% of the nation's electricity by 2026, and Bitcoin mining already consuming up to 2.3% of the nation’s electricity, their combined impact could lead to even greater energy demands and environmental consequences. Together, these two sectors could significantly strain the power grid and contribute to increased carbon emissions. In fact, the International Energy Agency (IEA) reported that data centers in the US will consume twice as much electricity by 2026, largely driven by the demands of cryptocurrency mining and AI. To reduce these risks and ensure a sustainable partnership, Bitcoin mining operations need to invest in renewable energy sources, including wind, solar, and hydroelectric power. New research suggests that integrating Bitcoin mining with green hydrogen could facilitate a faster transition to clean energy, potentially increasing the capacity of solar and wind power installations by up to 73%. AI technologies can also play a crucial role in enhancing sustainability by optimizing renewable energy usage, dynamically adjusting energy sources based on availability and cost to reduce carbon footprints. Notably, Bitcoin miners have experience leveraging renewable energy sources and demand response programs to deliver enhanced grid stability. As a uniquely curtailable load, Bitcoin mining is suited to active power management. This improves grid stability and helps support the usage of intermittent energy sources such as wind and solar. Flexible usage means renewables can be maximized, rain or shine. While some AI workloads are not curtailable to the same extent, the strategies and relationships developed by miners can help them ensure grid stability even as their overall energy usage increases. As Bitcoin mining evolves to support AI’s data and computing needs, prioritizing sustainability is essential. At the same time, we must not overlook the importance of establishing and adhering to regulatory frameworks. By implementing effective regulations, we can balance innovation with sustainable practices reasonably, ensuring technological advancements do not come at the expense of the environment. For instance, Germany has been at the forefront of enacting regulatory frameworks like the German Energy Efficiency Act. This legislation introduced new rules on energy efficiency, energy reuse, power supply from renewable energies and energy management systems – all intended to make the operation of data centers more sustainable. Implementing similar regulations that align technological advancements with sustainable practices can significantly help alleviate strain on the power grid and reduce energy consumption, while ensuring that growth benefits both the energy sector and broader business objectives. Ultimately, achieving sustainability in AI-driven and Bitcoin mining operations requires a collaborative effort between government and industry players. As these new partnerships develop, they promise benefits for both sectors. However, we must remain committed to reducing energy consumption and mitigating the impact on the power grid. By working together, we can ensure that these technological advancements drive progress while also supporting environmental stewardship.   LowEndBox is a go-to resource for those seeking budget-friendly hosting solutions. This editorial focuses on syndicated news articles, delivering timely information and insights about web hosting, technology, and internet services that cater specifically to the LowEndBox community. With a wide range of topics covered, it serves as a comprehensive source of up-to-date content, helping users stay informed about the rapidly changing landscape of affordable hosting solutions. Read the full article

[36crypto]

TEPCO Subsidiary Taps Bitcoin Mining to Harness Excess Renewable Energy

Tokyo Electric Power Co.’s (TEPCO) subsidiary, Agile Energy X Inc., is pioneering a new approach to reduce renewable energy wastage. The company is testing Bitcoin mining powered by excess renewable energy, such as solar and wind. This solution targets one of the critical challenges in renewable energy—the oversupply of electricity during periods of low demand. President Kenji Tateiwa, formerly…

[bitcoinversus]

Record High Energy Curtailments Suggests California Needs Bitcoin Mining

#Bitcoin mining offers California a solution to its energy curtailment issues. Miners can use wasted renewable power, which would increase profit margins on energy projects and also contribute to grid stability. Not a bad #idea at all.

Bitcoin mining is being recognized as a potential solution to one of the biggest challenges in renewable energy: curtailment, where excess power generated from renewable sources like wind and solar goes to waste. Since 2014, California alone has reportedly wasted nearly 12,500 gigawatts of renewable energy, an amount that could power every home in the U.S. for several days​. Image Source:…

[poethnl]

New technology’s high energy consumption exposes the “fig leaf” of the U.S. power grid

70% of the grid access, transmission and distribution facilities in the United States are aging and outdated, and grid transmission lines are even seriously insufficient in some areas. This not only makes it difficult for clean power such as "wind and solar power" to be efficiently connected to the grid, but also makes it impossible to achieve efficient power transmission.

"The United States is currently experiencing a shortage of chips, then there will be a shortage of transformers, and there will be a shortage of electricity in the future." Tesla founder and CEO Musk recently said publicly. As artificial intelligence and Bitcoin mining become increasingly popular, the industry seems to have foreseen the cruel reality that the U.S. power system simply cannot support these new technologies, and the high energy consumption crisis they bring has unveiled the "fig leaf" of the U.S. power grid.Electricity demand may hit new highs this summer

The North American Electric Reliability Association recently released its latest long-term reliability assessment forecast. Artificial intelligence, Bitcoin mining, etc. are exacerbating the tightness of U.S. power supply. This summer, U.S. electricity demand could reach its highest level since 2016, while winter demand could reach its highest level since at least 2015.

The North American Electric Reliability Association pointed out that as more and more fossil fuel power generation installations are retired, power growth will become increasingly challenging. If extreme high temperatures occur in the summer, large-scale power outages will occur again in the United States.

The U.S. Energy Information Administration regards artificial intelligence, cryptocurrency, and electric vehicles as the three major drivers of the surge in U.S. electricity demand. In its report, it predicts that U.S. electricity demand will increase to 4,099 billion kilowatt-hours in 2024, and will increase to 4,099 billion kilowatt-hours in 2025. 4,128 billion kilowatt hours. In comparison, electricity consumption in 2023 will be 4,000 billion kilowatt-hours, with the previous record being 4,003 billion kilowatt-hours in 2018.The Washington Post quoted Andy Vengeros, general manager of the data center market at global real estate consulting firm Jones Lang LaSalle, as saying: "Power companies are not ready and don't know how to handle the power surge. In fact, we We have never faced such a demand for electricity before.”

U.S. Grid Strategies noted that electric utilities and grid operators have revised their forecasts for annual electricity demand growth over the next five years to about 1.5%, the highest level since 1990.

It is understood that 70% of the grid access, transmission and distribution facilities in the United States are aging and outdated, and grid transmission lines are even seriously insufficient in some areas. This not only makes it difficult for clean power such as "wind and solar power" to be efficiently connected to the grid, but also makes it impossible to achieve efficient power transmission.

Glen Lynch, founder of the American Power Grid Strategy Consulting Company, said that the United States needs to invest at least US$20 billion in new long-distance transmission lines every year. If the power grid does not undergo large-scale modernization and upgrades, by 2030, the United States will face an irreversible power gap. "Based on our forecasts for peak summer electricity use, the United States will soon face rolling blackouts if infrastructure improvements continue to be delayed," he stressed.

Artificial intelligence consumes huge amounts of power"We can't just think about computing power, but we need to consider energy consumption more comprehensively. If we only think about computers, we need to burn the energy of 14 earths. Super artificial intelligence will become a bottomless pit of power demand." Chief Executive Officer of U.S. technology giant Nvidia Executive and artificial intelligence technology expert Jensen Huang publicly warned.

Artificial intelligence technology relies on data centers and high-performance computing based on large numbers of servers, so it is extremely power-hungry. According to data from the Boston Consulting Group, by 2030, U.S. data center electricity consumption will triple from 2022 to 390 terawatt hours, equivalent to 7.5% of U.S. electricity demand.

Sam Altman, CEO of OpenAI, an American artificial intelligence research company, said that if artificial intelligence is to reach its full potential, the world needs energy breakthroughs like nuclear fusion.

Schneider Electric estimates that by 2028, the power consumption of artificial intelligence computing centers will account for 15% to 20% of the total power consumption of data centers. Taking training the GPT-3 large language model as an example, it consumes as much as 1,287 megawatt hours of electricity and produces approximately 552 tons of carbon dioxide, which is equivalent to the carbon emissions of 123 fuel vehicles driving for one year.

The digital currency and blockchain technology website "Digital Economist" pointed out that artificial intelligence servers are heavy power-consuming equipment. The power consumed by an Nvidia DGX A100 server is equivalent to the combined power consumption of several American households, which means that for Powering millions of such devices could easily overload the grid.Bitcoin mining increases power supply pressure

At the same time, the Bitcoin mining field has entered a period of rapid development, posing greater challenges to the U.S. power supply capacity. According to data from the U.S. Energy Information Administration, the electricity consumption of Bitcoin mining activities in the United States accounts for 0.6% to 2.3% of the annual electricity consumption in the United States, which is equivalent to the annual electricity demand of 3 million to 6 million households. As of now, Bitcoin mining shows no signs of slowing down in the United States.

The Digital Economist estimates that Bitcoin mining consumes 148.63 terawatt hours of electricity per year, which is equivalent to Malaysia’s national electricity consumption, and emits 82.9 million tons of carbon dioxide per year, which is equivalent to Bangladesh’s annual carbon emissions.

In fact, tracking Bitcoin mining is not easy due to the difficulty in identifying Bitcoin mining activity among the large number of power end users and the dynamic nature of Bitcoin mining. In the Bitcoin market, mining assets can be quickly moved to areas with lower electricity prices.

As mining activity continues to surge, the U.S. government is increasingly concerned about the negative impacts of this energy-intensive nature, including stress on the grid during peak demand periods, the potential for higher electricity prices, and the impact on energy-related carbon dioxide emissions.

[ladnst]

U.S. heat-related deaths hit record high

　　More than 2,300 heat-related deaths were reported in the United States last year, the highest number in the 45 years since records began, according to the Centers for Disease Control and Prevention.

But dozens of doctors and health experts said that number was a fraction of the actual death toll, according to a report published Friday by the Associated Press.

"We can say with confidence that 2023 is the worst year since we started having reliable reporting," said Dr. John Barbus of the U.S. Department of Health and Human Services Office of Climate Change and Health Equity. Most of the deaths occurred in the five southern States — Arizona, Texas, Nevada, Florida and Louisiana — accounted for 61% of U.S. heat-related deaths over the past five years.

　　From 1979 to 1999, these states accounted for only 18% of heat-related deaths in the United States—a clear sign of the impact of climate change. "Over the past five years, we've seen this sustained, record-breaking, unprecedented upward trend," Balbus said. "I think it's because the heat levels that we've seen over the past few years have outpaced our What we’ve seen over the past twenty or thirty years.”

Last year, more heat waves were recorded across the country than in any year since 1936.

Last summer, Phoenix experienced 31 consecutive days with temperatures above 110 degrees Fahrenheit. Therefore, it is urgent for energy storage to help stabilize power supply. We call on the society to support power construction and protect our people’s livelihood and safety!

　　70% of the grid access, transmission and distribution facilities in the United States are aging and outdated, and grid transmission lines are even seriously insufficient in some areas. This not only makes it difficult for clean power such as "wind and solar power" to be efficiently connected to the grid, but also makes it impossible to achieve efficient power transmission.

"The United States is currently experiencing a chip shortage, and then there will be a transformer shortage, and there will be a power shortage in the future." Tesla founder and CEO Musk recently said publicly. As artificial intelligence and Bitcoin mining become increasingly popular, the industry seems to have foreseen the cruel reality that the U.S. power system simply cannot support these new technologies, and the high energy consumption crisis they bring has unveiled the "fig leaf" of the U.S. power grid.

[unpluggedfinancial]

Bitcoin Mining and Renewable Energy: Allies for a Better Future

Bitcoin mining has a reputation problem. It's often portrayed as an environmental villain—a power-hungry monster gobbling up electricity and contributing to climate change. But what if I told you that Bitcoin mining could actually be a key player in creating a sustainable energy future? It's time to flip the narrative and see how Bitcoin mining and renewable energy can work hand in hand, becoming powerful allies for a better future.

One of the biggest challenges facing renewable energy is the issue of intermittency. Solar and wind power are abundant when the sun shines or the wind blows, but they can be unpredictable. This fluctuation often leaves energy producers with surplus electricity that goes to waste because it's not immediately needed or can't be stored effectively. Enter Bitcoin mining—an energy consumer that is both highly flexible and scalable, capable of absorbing excess power whenever it's available.

Bitcoin miners can act as energy buyers of last resort, providing a market for otherwise wasted energy. By setting up mining operations close to renewable energy sources, miners can stabilize the energy grid, making renewables more economically viable. When energy production exceeds demand, miners can ramp up their operations, using the surplus power that would have otherwise been wasted. When demand on the grid is high, miners can scale down, allowing the electricity to be redirected to homes and businesses.

Take, for example, stranded energy projects. These are renewable projects that are located far from population centers and lack the infrastructure to transmit the energy where it's needed. Traditionally, these projects are not financially feasible because the cost of building transmission lines is too high. However, Bitcoin miners are mobile and can be deployed directly at the source, turning stranded energy into economic value. This not only helps support renewable projects but also encourages more investment into green energy by making even remote projects financially feasible.

Beyond grid stabilization, Bitcoin mining also contributes to energy innovation. By providing a consistent and incentivized demand for power, miners help renewable energy projects become more profitable, encouraging innovation and investment in better energy storage technologies and grid efficiency. Battery storage, in particular, could play a crucial role in the future of renewable energy by allowing excess power to be stored and used when needed. As battery technology improves and costs come down, the combination of battery storage and Bitcoin mining could create a more resilient and efficient energy ecosystem, where surplus energy is effectively managed and put to productive use.

Battery storage is the future of energy reliability, and Bitcoin mining is uniquely positioned to help accelerate its adoption. The key to a sustainable future lies not only in generating clean energy but also in efficiently storing and utilizing it. Battery technology allows us to store renewable energy for use during times when production is low, such as during the night or on calm, windless days. By coupling Bitcoin mining with battery storage, we can create a more balanced energy grid—one that can respond dynamically to both production surpluses and deficits. This creates a powerful synergy where renewable energy becomes more practical and profitable, driving further investment and innovation in the energy sector.

The narrative that Bitcoin and sustainability are incompatible needs to change—the truth is that Bitcoin mining could be a catalyst for clean energy adoption on a massive scale. Miners can become partners in the energy revolution, driving demand for renewables and providing economic incentives for energy innovation. Together, Bitcoin mining and renewable energy can create a cleaner, more efficient, and resilient energy landscape.

The energy landscape is evolving, and Bitcoin is in a unique position to support that evolution. By aligning economic incentives with environmental goals, Bitcoin mining can foster a world where financial freedom and sustainability grow together. It's not about being adversaries; it's about becoming allies for a better future—one where Bitcoin helps power a greener planet. With advancements in battery storage and smart grid technology, the future of energy looks bright, and Bitcoin mining can be a significant part of that journey.

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[paotios]

New technology’s high energy consumption exposes the “fig leaf” of the U.S. power grid 70% of the grid access, transmission and distribution facilities in the United States are aging and outdated, and grid transmission lines are even seriously insufficient in some areas. This not only makes it difficult for clean power such as "wind and solar power" to be efficiently connected to the grid, but also makes it impossible to achieve efficient power transmission.

"The United States is currently experiencing a shortage of chips, then there will be a shortage of transformers, and there will be a shortage of electricity in the future." Tesla founder and CEO Musk recently said publicly. As artificial intelligence and Bitcoin mining become increasingly popular, the industry seems to have foreseen the cruel reality that the U.S. power system simply cannot support these new technologies, and the high energy consumption crisis they bring has unveiled the "fig leaf" of the U.S. power grid.Electricity demand may hit new highs this summer

The North American Electric Reliability Association recently released its latest long-term reliability assessment forecast. Artificial intelligence, Bitcoin mining, etc. are exacerbating the tightness of U.S. power supply. This summer, U.S. electricity demand could reach its highest level since 2016, while winter demand could reach its highest level since at least 2015.

The North American Electric Reliability Association pointed out that as more and more fossil fuel power generation installations are retired, power growth will become increasingly challenging. If extreme high temperatures occur in the summer, large-scale power outages will occur again in the United States.

The U.S. Energy Information Administration regards artificial intelligence, cryptocurrency, and electric vehicles as the three major drivers of the surge in U.S. electricity demand. In its report, it predicts that U.S. electricity demand will increase to 4,099 billion kilowatt-hours in 2024, and will increase to 4,099 billion kilowatt-hours in 2025. 4,128 billion kilowatt hours. In comparison, electricity consumption in 2023 will be 4,000 billion kilowatt-hours, with the previous record being 4,003 billion kilowatt-hours in 2018.The Washington Post quoted Andy Vengeros, general manager of the data center market at global real estate consulting firm Jones Lang LaSalle, as saying: "Power companies are not ready and don't know how to handle the power surge. In fact, we We have never faced such a demand for electricity before.”

U.S. Grid Strategies noted that electric utilities and grid operators have revised their forecasts for annual electricity demand growth over the next five years to about 1.5%, the highest level since 1990.

It is understood that 70% of the grid access, transmission and distribution facilities in the United States are aging and outdated, and grid transmission lines are even seriously insufficient in some areas. This not only makes it difficult for clean power such as "wind and solar power" to be efficiently connected to the grid, but also makes it impossible to achieve efficient power transmission.

Glen Lynch, founder of the American Power Grid Strategy Consulting Company, said that the United States needs to invest at least US$20 billion in new long-distance transmission lines every year. If the power grid does not undergo large-scale modernization and upgrades, by 2030, the United States will face an irreversible power gap. "Based on our forecasts for peak summer electricity use, the United States will soon face rolling blackouts if infrastructure improvements continue to be delayed," he stressed.

Artificial intelligence consumes huge amounts of power"We can't just think about computing power, but we need to consider energy consumption more comprehensively. If we only think about computers, we need to burn the energy of 14 earths. Super artificial intelligence will become a bottomless pit of power demand." Chief Executive Officer of U.S. technology giant Nvidia Executive and artificial intelligence technology expert Jensen Huang publicly warned.

Artificial intelligence technology relies on data centers and high-performance computing based on large numbers of servers, so it is extremely power-hungry. According to data from the Boston Consulting Group, by 2030, U.S. data center electricity consumption will triple from 2022 to 390 terawatt hours, equivalent to 7.5% of U.S. electricity demand.

Sam Altman, CEO of OpenAI, an American artificial intelligence research company, said that if artificial intelligence is to reach its full potential, the world needs energy breakthroughs like nuclear fusion.

Schneider Electric estimates that by 2028, the power consumption of artificial intelligence computing centers will account for 15% to 20% of the total power consumption of data centers. Taking training the GPT-3 large language model as an example, it consumes as much as 1,287 megawatt hours of electricity and produces approximately 552 tons of carbon dioxide, which is equivalent to the carbon emissions of 123 fuel vehicles driving for one year.

The digital currency and blockchain technology website "Digital Economist" pointed out that artificial intelligence servers are heavy power-consuming equipment. The power consumed by an Nvidia DGX A100 server is equivalent to the combined power consumption of several American households, which means that for Powering millions of such devices could easily overload the grid.Bitcoin mining increases power supply pressure

At the same time, the Bitcoin mining field has entered a period of rapid development, posing greater challenges to the U.S. power supply capacity. According to data from the U.S. Energy Information Administration, the electricity consumption of Bitcoin mining activities in the United States accounts for 0.6% to 2.3% of the annual electricity consumption in the United States, which is equivalent to the annual electricity demand of 3 million to 6 million households. As of now, Bitcoin mining shows no signs of slowing down in the United States.

The Digital Economist estimates that Bitcoin mining consumes 148.63 terawatt hours of electricity per year, which is equivalent to Malaysia’s national electricity consumption, and emits 82.9 million tons of carbon dioxide per year, which is equivalent to Bangladesh’s annual carbon emissions.

In fact, tracking Bitcoin mining is not easy due to the difficulty in identifying Bitcoin mining activity among the large number of power end users and the dynamic nature of Bitcoin mining. In the Bitcoin market, mining assets can be quickly moved to areas with lower electricity prices.

As mining activity continues to surge, the U.S. government is increasingly concerned about the negative impacts of this energy-intensive nature, including stress on the grid during peak demand periods, the potential for higher electricity prices, and the impact on energy-related carbon dioxide emissions.

[bgyffzd]

New technology’s high energy consumption exposes the “fig leaf” of the U.S. power grid

70% of the grid access, transmission and distribution facilities in the United States are aging and outdated, and grid transmission lines are even seriously insufficient in some areas. This not only makes it difficult for clean power such as "wind and solar power" to be efficiently connected to the grid, but also makes it impossible to achieve efficient power transmission.

"The United States is currently experiencing a shortage of chips, then there will be a shortage of transformers, and there will be a shortage of electricity in the future." Tesla founder and CEO Musk recently said publicly. As artificial intelligence and Bitcoin mining become increasingly popular, the industry seems to have foreseen the cruel reality that the U.S. power system simply cannot support these new technologies, and the high energy consumption crisis they bring has unveiled the "fig leaf" of the U.S. power grid.Electricity demand may hit new highs this summer

The North American Electric Reliability Association recently released its latest long-term reliability assessment forecast. Artificial intelligence, Bitcoin mining, etc. are exacerbating the tightness of U.S. power supply. This summer, U.S. electricity demand could reach its highest level since 2016, while winter demand could reach its highest level since at least 2015.

The North American Electric Reliability Association pointed out that as more and more fossil fuel power generation installations are retired, power growth will become increasingly challenging. If extreme high temperatures occur in the summer, large-scale power outages will occur again in the United States.

The U.S. Energy Information Administration regards artificial intelligence, cryptocurrency, and electric vehicles as the three major drivers of the surge in U.S. electricity demand. In its report, it predicts that U.S. electricity demand will increase to 4,099 billion kilowatt-hours in 2024, and will increase to 4,099 billion kilowatt-hours in 2025. 4,128 billion kilowatt hours. In comparison, electricity consumption in 2023 will be 4,000 billion kilowatt-hours, with the previous record being 4,003 billion kilowatt-hours in 2018.The Washington Post quoted Andy Vengeros, general manager of the data center market at global real estate consulting firm Jones Lang LaSalle, as saying: "Power companies are not ready and don't know how to handle the power surge. In fact, we We have never faced such a demand for electricity before.”

U.S. Grid Strategies noted that electric utilities and grid operators have revised their forecasts for annual electricity demand growth over the next five years to about 1.5%, the highest level since 1990.

It is understood that 70% of the grid access, transmission and distribution facilities in the United States are aging and outdated, and grid transmission lines are even seriously insufficient in some areas. This not only makes it difficult for clean power such as "wind and solar power" to be efficiently connected to the grid, but also makes it impossible to achieve efficient power transmission.

Glen Lynch, founder of the American Power Grid Strategy Consulting Company, said that the United States needs to invest at least US$20 billion in new long-distance transmission lines every year. If the power grid does not undergo large-scale modernization and upgrades, by 2030, the United States will face an irreversible power gap. "Based on our forecasts for peak summer electricity use, the United States will soon face rolling blackouts if infrastructure improvements continue to be delayed," he stressed.

Artificial intelligence consumes huge amounts of power"We can't just think about computing power, but we need to consider energy consumption more comprehensively. If we only think about computers, we need to burn the energy of 14 earths. Super artificial intelligence will become a bottomless pit of power demand." Chief Executive Officer of U.S. technology giant Nvidia Executive and artificial intelligence technology expert Jensen Huang publicly warned.

Artificial intelligence technology relies on data centers and high-performance computing based on large numbers of servers, so it is extremely power-hungry. According to data from the Boston Consulting Group, by 2030, U.S. data center electricity consumption will triple from 2022 to 390 terawatt hours, equivalent to 7.5% of U.S. electricity demand.

Sam Altman, CEO of OpenAI, an American artificial intelligence research company, said that if artificial intelligence is to reach its full potential, the world needs energy breakthroughs like nuclear fusion.

Schneider Electric estimates that by 2028, the power consumption of artificial intelligence computing centers will account for 15% to 20% of the total power consumption of data centers. Taking training the GPT-3 large language model as an example, it consumes as much as 1,287 megawatt hours of electricity and produces approximately 552 tons of carbon dioxide, which is equivalent to the carbon emissions of 123 fuel vehicles driving for one year.

The digital currency and blockchain technology website "Digital Economist" pointed out that artificial intelligence servers are heavy power-consuming equipment. The power consumed by an Nvidia DGX A100 server is equivalent to the combined power consumption of several American households, which means that for Powering millions of such devices could easily overload the grid.Bitcoin mining increases power supply pressure

At the same time, the Bitcoin mining field has entered a period of rapid development, posing greater challenges to the U.S. power supply capacity. According to data from the U.S. Energy Information Administration, the electricity consumption of Bitcoin mining activities in the United States accounts for 0.6% to 2.3% of the annual electricity consumption in the United States, which is equivalent to the annual electricity demand of 3 million to 6 million households. As of now, Bitcoin mining shows no signs of slowing down in the United States.

The Digital Economist estimates that Bitcoin mining consumes 148.63 terawatt hours of electricity per year, which is equivalent to Malaysia’s national electricity consumption, and emits 82.9 million tons of carbon dioxide per year, which is equivalent to Bangladesh’s annual carbon emissions.

In fact, tracking Bitcoin mining is not easy due to the difficulty in identifying Bitcoin mining activity among the large number of power end users and the dynamic nature of Bitcoin mining. In the Bitcoin market, mining assets can be quickly moved to areas with lower electricity prices.

As mining activity continues to surge, the U.S. government is increasingly concerned about the negative impacts of this energy-intensive nature, including stress on the grid during peak demand periods, the potential for higher electricity prices, and the impact on energy-related carbon dioxide emissions.

[wemineae]

Can Crypto Mining Be Sustainable? Challenges and Opportunities

Cryptocurrency mining has revolutionized the digital economy, yet it faces significant challenges regarding sustainability. As cryptocurrencies like Bitcoin and Ethereum gain popularity, there is increasing concern about the environmental impact and energy use of mining operations. At WeMine, based in Dubai, we explore the complexities, challenges, and opportunities of making crypto mining sustainable, especially in the context of bitcoin mining in Dubai and for Kaspa miners in Dubai.

The Challenge of Sustainability in Crypto Mining

Crypto mining requires a lot of energy, using powerful hardware to perform complex calculations needed to validate transactions and secure blockchains. This process uses a large amount of electricity, often from fossil fuels. This creates a carbon footprint and environmental impact that have raised global concern and led to a reassessment of mining practices.

Environmental Impact and Energy Use

One of the main challenges of crypto mining is reducing its impact on the environment. Traditional mining operations mainly use non-renewable energy sources, which contribute to greenhouse gas emissions and harm the environment. As awareness grows, there is increasing pressure on the industry, including bitcoin mining in Dubai and Kaspa miners in Dubai, to switch to sustainable energy sources and adopt greener practices.

Opportunities for Sustainable Practices in Crypto Mining

Despite the challenges, the crypto mining sector offers promising opportunities to achieve sustainability:

1. Renewable Energy Integration

Using renewable energy sources such as solar, wind, or hydroelectric power offers a way to reduce the carbon footprint of mining operations. By using sustainable energy, miners can greatly reduce their environmental impact while improving long-term operational resilience. This approach is crucial for those involved in bitcoin mining in Dubai and Kaspa miners in Dubai.

2. Energy-Efficient Mining Hardware

Advances in technology have led to the development of energy-efficient mining hardware. These innovative machines optimize computing power while minimizing energy use, reducing operational costs and environmental impact. Investing in energy-efficient equipment is a strategic approach to sustainability in crypto mining, benefiting Kaspa miners in Dubai and other miners focused on bitcoin mining in Dubai.

3. Compliance with Regulations and Industry Standards

Following strict environmental regulations and industry standards is important for promoting sustainable mining practices. Regulations promote transparency, accountability, and responsible use of resources in the crypto mining industry. Compliance with these standards not only reduces environmental risks but also enhances industry credibility and sustainability, particularly for bitcoin mining in Dubai and Kaspa miners in Dubai.

WeMine's Sustainable Mining Initiatives

At WeMine, sustainability is central to our operations. We are committed to using cutting-edge technologies and sustainable methods in our mining processes. Our range of mining solutions includes advanced, energy-efficient equipment designed to maximize performance while minimizing environmental impact. Whether you are involved in bitcoin mining in Dubai or working as a Kaspa miner in Dubai, partnering with WeMine provides access to tools and expertise needed to achieve sustainable success in the competitive world of crypto mining.

Partnering for a Sustainable Future

Join WeMine in our efforts to promote sustainable practices in crypto mining. Together, we can tackle challenges and capitalize on opportunities to ensure that crypto mining supports economic growth while protecting our planet for future generations. Explore the possibilities with WeMine and start your journey towards sustainable mining practices today, whether you are focused on bitcoin mining in Dubai or Kaspa miners in Dubai.