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Historic Power Plant Decides Mining Bitcoin Is More Profitable Than Selling Electricity

Historic Power Plant Decides Mining Bitcoin Is More Profitable Than Selling Electricity
tomshardware.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tomshardware.com Daily Mail and Mail on Sunday newspapers.

New yorkUnited statesEl salvadorJim beshaNational gridAlbany engineering corpYork senateYork assemblyNational register of historicAlbany times unionAlbany engineeringAlbany timesNational registerHistoric placesNew york senateபுதியது யார்க்

Oh good, someone s opening a nuclear-powered crypto mining facility

(Image credit: EPIC) A report from Data Center Dynamics (via Techspot) says Talen Energy, a US power company, plans on building a 300MW crypto mining facility and data center next to its nuclear Susquehanna Steam Electric Station in Pennsylvania. The business responsible for the crypto mining operation, Cumulus Coin, is a subsidiary of Talen Energy and expects the project to come online in the spring of 2022, with the first phase of development having 164MW of capacity. The goal is to have at least 300MW of onsite power by completion and the ability to expand to 1GW capacity in the future.

New yorkUnited statesData center dynamicsAlbany engineering corpTalen energySusquehanna steam electric stationCumulus coinSusquehanna hyperscale campusCambridge bitcoin electricity consumption indexபுதியது யார்க்ஒன்றுபட்டது மாநிலங்களில்தகவல்கள் மையம் இயக்கவியல்அல்பானி பொறியியல் கார்ப்தாலேன் ஆற்றல்லஸ்‌கசந நீராவி மின்சார நிலையம்கேம்பிரிட்ஜ் பிட்காயின் மின்சாரம் நுகர்வு குறியீட்டு

Core Scientific Secures $54M Investment from Crypto Lender Celsius

Core Scientific Secures $54M Investment from Crypto Lender Celsius
beincrypto.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from beincrypto.com Daily Mail and Mail on Sunday newspapers.

New yorkUnited statesAlex mashinskyMicrostrategy michael saylorNational gridBitcoin mining councilRhodium enterprisesPower digital infrastructure corporationExecs at albany engineering corpCelsius networkCore scientificLuxor technologiesMichael saylorDigital infrastructure corporationAlbany engineering corpபுதியது யார்க்

Letter: Thanks for saving Mechanicville hydroelectric station

Letter: Thanks for saving Mechanicville hydroelectric station
timesunion.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from timesunion.com Daily Mail and Mail on Sunday newspapers.

National gridAlbany engineering corpJim beshaHistoric placesCapital regionதேசிய கட்டம்அல்பானி பொறியியல் கார்ப்வரலாற்று இடங்கள்மூலதனம் பகுதி

New York Hydro Power Plant Mines Bitcoin Because More Profitable Than Selling Electricity To Grid

by Tyler Durden Sunday, Jul 11, 2021 - 07:00 PM This year, some of the hottest trends in the crypto industry have been bitcoin adoption and environmental, social, and governance factors into crypto mining. Tesla CEO Elon Musk pushed bitcoin s environmental concerns into the forefront, calling for renewable energy to be used for mining instead of fossil fuels. It s no secret that bitcoin mining takes a massive amount of electricity. It s estimated that energy consumption exceeds the power consumption of countries like the Netherlands and the UAE. With the push towards ESG-Friendly bitcoin mining operations, there s one historic hydroelectric plant near Albany, New York, using power generated from its massive water turbines to mine crypto.

New yorkUnited statesElon muskJim beshaNational gridAlbany engineering corpTimes unionபுதியது யார்க்ஒன்றுபட்டது மாநிலங்களில்தேசிய கட்டம்அல்பானி பொறியியல் கார்ப்முறை தொழிற்சங்கம்