How is the #bitcoin mining industry innovating amidst rising energy costs and environmental concerns? In her article for Forbes, Susie (npub1hwg…03sg) shows that:
- Bitcoin miners are adopting advanced cooling solutions, like immersion cooling, to reduce environmental impact and enhance efficiency.
- These technologies are saving energy and extending the life of mining equipment.
- Excess heat from mining is being repurposed for agriculture or fed back into the power grid, turning waste into revenue.
- Strategic relocation to areas with cheaper, renewable energy is bolstering profitability and sustainability.
- Bitcoin miners are partnering with energy utilities to stabilize power grids, providing flexibility in energy supply and demand.
- Techniques like 'underclocking' and 'overclocking' are optimizing energy consumption for mining operations.
- Despite regulatory challenges, the industry remains committed to combining profitability with sustainability.
Bitcoin isn't just sound money - it is on the brink of becoming a strategic infrastructure component in the global energy grid.
https://www.forbes.com/sites/digital-assets/2023/11/06/the-green-frontier-bitcoin-minings-path-to-sustainability-and-profitability/
MUSQET
npub1mu…yv5kr
2023-11-06 13:39:18
Author Public Key
npub1musqetp57matzsjcwd2y7tvxe59h85v74pqasnqxk7fhpwazzjpseyv5krPublished at
2023-11-06 13:39:18Event JSON
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"content": "How is the #bitcoin mining industry innovating amidst rising energy costs and environmental concerns? In her article for Forbes, nostr:npub1hwgw0uznr49t4gullpgfz4m5xnakl5a0l88m3k382xv7ys0tfmlsd503sg shows that:\n\n- Bitcoin miners are adopting advanced cooling solutions, like immersion cooling, to reduce environmental impact and enhance efficiency.\n- These technologies are saving energy and extending the life of mining equipment.\n- Excess heat from mining is being repurposed for agriculture or fed back into the power grid, turning waste into revenue.\n- Strategic relocation to areas with cheaper, renewable energy is bolstering profitability and sustainability.\n- Bitcoin miners are partnering with energy utilities to stabilize power grids, providing flexibility in energy supply and demand.\n- Techniques like 'underclocking' and 'overclocking' are optimizing energy consumption for mining operations.\n- Despite regulatory challenges, the industry remains committed to combining profitability with sustainability.\n\nBitcoin isn't just sound money - it is on the brink of becoming a strategic infrastructure component in the global energy grid.\n\nhttps://www.forbes.com/sites/digital-assets/2023/11/06/the-green-frontier-bitcoin-minings-path-to-sustainability-and-profitability/",
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