[ad_2][ad_1] Blockchain’s energy industry applications range from highly speculative energy trading – think peer-to-peer energy trading using the cryptocurrency raised in initial coin offerings – to more incremental efforts, based on the real-world challenges of running a network. increasingly decentralized electricity. The latter describes how utilities and energy market operators …
Read More »Energy Web is starting with Ripple in its offer to make Crypto Provably Green
[ad_2][ad_1] The cryptocurrency industry, with its questionable carbon footprint, now has a convenient way to showcase its green credit on a verified (rather than reliable) basis. But that raises a tricky question: Companies like Amazon and Google, whose processing takes place largely within directly owned and controlled data centers, are …
Read More »Bitcoin mining can be profitable if you generate energy
[ad_2][ad_1] Bitcoin mining at 20MW, Greenidge’s team located in the Finger Lake region of New York State, … [+] plans to ramp up its cryptocurrency operations. This local electricity company is now a blockchain hybrid business model. Greenidge The Finger Lake region of New York is known for its wine …
Read More »Altcoins accounts for a third of the total cryptocurrency mining energy usage
[ad_2][ad_1] Researchers at the Technical University of Munich are encouraging regulators to look beyond Bitcoin when it comes to considering the environmental impact of cryptocurrency mining. According to an August 4 issue of the scientific journal Joule, researchers Ulrich Gallersdörfer, Lena Klaaßen and Christian Stoll determined that Bitcoin (BTC) mining …
Read More »Blockchain Energy Startup Power Ledger Extends P2P Power Trading Trial
[ad_2][ad_1] Energy-focused blockchain startup Power Ledger has extended its peer-to-peer (P2P) energy trading trial into its next phase in the Australian city of Fremantle. In a press release shared with Cointelegraph on Aug. 21, Power Ledger The households participating in the project can set their own energy prices in the …
Read More »Plutoun mining on a unique approach to solar energy bitcoin mining
[ad_2][ad_1] At the Futurist conference Blockchain, Ramak J. Sedigh, CEO of Plutoun Mining, discussed the intersection of solar energy and bitcoin mining. Cryptocurrency extraction has become tougher over the years, with the amount of electricity needed for mining up and the costs of miners rising in tandem. According to BTC.com, …
Read More »Iberdrola uses blockchain technology in the renewable energy sector
[ad_2][ad_1] January 19, 2019 at 13:23 // News Iberdrola, the Spanish multinational public power company, has created a project that will greatly contribute to speeding up the decarbonisation process using the blockchain to ensure that the energy supplied to the user is 100% renewable. The first test to ensure the …
Read More »Oil behemoths join Shell and friends on energy trading blockchain
[ad_2][ad_1] The centuries-old, paper-based trading of oil and gas industry was overhauled last year, courtesy of the blockchain and an industry consortium originally including Shell, BP, ABN Amro, ING, and Societe Generale. The industry platform, called VAKT, announced a host of new petrochemicals and oil fields – including Chevron, Total, …
Read More »How the blockchain can change energy markets forever
[ad_2][ad_1] But for everything else, we still have a system where, more and more, consumers are frustrated to pay so much for electricity and not to get a fair return on their solar investments. A system where strong winds it can darken 20,000 homes. Where investments in renewable infrastructure are …
Read More »Technologies that will revolutionize energy
[ad_2][ad_1]<div _ngcontent-c14 = "" innerhtml = " Long-term sustainability & nbsp; it requires more than the integration of renewable technologyKenueone The company's pressure and emission policies are accelerating innovation in the world of energy. At the same time, increased competition drives companies to become more efficient. A range of companies, …
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