Tag: solar energy

As Bitcoin mining operations ramp up worldwide the electrical cost of mining is drawing the ire of municipalities and environmental groups alike. However, Soluna is looking to offset the carbon footprint of mining Bitcoin through its wind power plant in the Sahara Desert. Wind-Powered Mining Current estimates put bitcoin mining power consumption at around 2.55 gigawatts, which means that the network…

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Over the past 12 months, the rate of solar energy conversion has grown at such a rapid rate that some countries like Chile have begun to distribute it for free. An increasing number of miners and bitcoin enthusiasts have expressed their concerns with regard to the potential drop in marginal costs of bitcoin mining due to the increasing abundance of…

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