Old power plants, factories, and warehouses are being loaded up with crypto mining rigs.
7. 14. 21As the energy demands of cryptocurrency mining garner increased scrutiny, some mining operations are cutting out the middleman and setting up shop inside existing power plants.
These companies are in search of what's called "stranded power," which could be an existing power plant or an abandoned facility with access to dormant energy sources,mining company called Core Scientific moved into an old Levi's denim factory that had near-exclusive access to a nearby hydroelectric dam.
"That's why certain places like the old Alcoa [aluminum] factories are some of the most popular," Mike Colyer, CEO of the crypto mining supply company Foundry, told, "because they're very large buildings with a lot of installed electrical infrastructure, and the buildings were designed to remove heat, so they become natural places for mining."
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Crypto Miner F2Pool Mined the Last-Ever PoW Ether Block Before MergeCrypto miner F2Pool_Official mined the last-ever proof-of-work ether block on the Ethereum network. By shauryamalwa
Weiterlesen »
Crypto Miners From US, EU Stay Put in Russia Despite War, SanctionsCrypto miners from abroad have largely stuck around in Russia even as the war in Ukraine and resulting international sanctions drove other foreign businesses out. baidakova explains why.
Weiterlesen »
CoinMarketCap News, Sept 15: A Big Moment for Ethereum, But There's Much More Work to Be Done | CoinMarketCapIn today's cryptonews: Editor's Note: Merge = Success Ethereum completes The Merge! 🔥 The end of the beginning 🚨 Craig Wright 'stomped' on hard drive 👀 South Korea may void Do Kwon's passport 🇰🇷
Weiterlesen »
HSBC's CEO Explains Why Crypto Is Not in the Banking Giant's Future – Finance Bitcoin NewsBanking giant HSBC will not be offering crypto services, CEO Noel Quinn said, adding that HSBC is more negative on crypto than other banks.
Weiterlesen »
Coinbase App to Track US Politicians' Crypto-Friendliness Ahead of Midterm ElectionsThe coinbase app will let U.S. users track how crypto-friendly their local politicians are. The company wants to help pro-crypto candidates solicit donations from crypto community. By iamsandali
Weiterlesen »