Suwin L.’s Post

How Bitcoin Miners are Helping the Environment with Natural Gas Power Follow Fractal Bitcoin! Join our Locals community — https://lnkd.in/gNUwferJ Discover how Bitcoin mining powered by natural gas is reducing methane emissions and promoting leafy biomass growth. Learn about America's first nuclear-powered Bitcoin computer mine located at the Susquehanna power plant in Pennsylvania. Join BTC Sessions as he shares insights on avoiding UTXO consolidation nightmares in this informative tutorial. #BitcoinMining #NaturalGasPower #ReducingEmissions #LeafyBiomassGrowth #NuclearPoweredMine #SusquehannaPowerPlant #BTCSessions #UTXOConsolidation #BitcoinTutorial #CryptocurrencyMining

The real energy story behind Bitcoin mining 👇 Since the infamous headline "Bitcoin mining on track to consume all the energy by 2020", the narrative has greatly shifted. According to the latest Bitcoin Mining Council summer report, with an estimated annual consumption of 348 TWh, #Bitcoin mining is 14 times less energy-intensive than the Finance & Insurance sector and only consumes only 1.7 times more energy than holiday lights across the globe. And for those still questioning the environmental impact, here's a detail: approximately 60% of Bitcoin mining's energy consumption comes from a sustainable mix of wind, solar, and hydro sources, showcasing the sector's commitment to leveraging green energy. #bitcoinmining #cryptomining

Unlock the hidden value of your stranded gas! 💡 At PermianChain, we transform unused natural gas into electricity to power data mining operations. Our process not only generates new revenue streams but also helps reduce emissions and optimize energy use. #PermianChain #StrandedGas #EnergyInnovation #Blockchain #SustainableEnergy #DataMining

Crypto mining is an energy-intensive process, with Bitcoin alone estimated to consume 127 TWh per year. As the pressure for environmental reform mounts, the US is looking to get a better understanding of the industry's energy consumption. Already, Texas has blocked energy use reporting requirements, citing the potential for it to harm the industry. However, this block is currently temporary, and miners should prepare for compliance with similar requirements in the near future. #Crypto #Regulation #CryptoMining #Energy

🌍💡 Discover the Sweet Side of Bitcoin Mining! 🍃💰 Did you know Bitcoin mining could power sustainability and strengthen local economies? From renewable energy innovations to community support, this article explores how mining can pave the way for a greener, more responsible future. 🌱🌟 👉 Curious to learn how bitcoin mining can align with global environmental goals? 🔗 Click below in the comments to read the full article and join the conversation on building a sustainable future through innovation. Let's change the narrative together! #Sustainability #Innovation #Bitcoin #RenewableEnergy #GreenTech

El Salvador mines $30 million worth of #Bitcoin using geothermal volcanic energy. Read more at: https://lnkd.in/diS_JEWB #cryptoflies #cryptofliesnews #bitcoinnews #cryptonews #cryptocurrency #cryptomining #bitcoinmining

Bitcoin & hydropower Ethiopia uses 98% renewable energy and represents 2.25% of the global bitcoin hashrate Bitcoin mining has contributed $55M to the economy of Ethiopia - much of it surplus energy that would have flowed over the top of the dam https://t.co/bK6gsfOZpT

We're thrilled to share that Daniel Erhardt, Founder & CEO of Arcus Power Corp, will be a panel speaker at the North American Blockchain Summit on November 21st, in Dallas, Texas. The topic: 'Energy Strategy Beyond Demand Response - The Influence of AI.' This discussion isn't just about managing energy better for Bitcoin mining operations; it's about how AI is transforming the entire landscape for Bitcoin miners. AI-driven energy strategies go beyond just peak shaving and curtailment—they offer intelligent insights to optimize power use, reduce costs, and enhance uptime, helping mining operations stay resilient in a highly competitive market. Dan will be joined by Keith Webster from Enel North America, Trent Stout from Priority Power, and Ankit Joshi from GDA and the panel will be moderated by Rachel (Stemper) Nixon. Together, they will discuss how AI and advanced energy strategies can pave the way for more efficient, adaptable, and profitable mining operations. If you want to learn how AI-driven energy solutions can make your mining operations more efficient, join us for this discussion. Learn more about the event here: https://lnkd.in/gcK4dEQ8 See you at the summit! #NorthAmericanBlockchainSummit #ArcusPower #BitcoinMining #DemandResponse

I'm excited to share my latest article, 'Renewable Energy and Crypto Mining in Taiwan's Future,' now published on Lexology! In this article, I explore the advantages and possibilities of connecting renewable energy generation with cryptocurrency mining in Taiwan. Read the full article here: https://lnkd.in/gvehCkhr

Going to the North American Blockchain Summit tomorrow? Be sure to catch up with our team and listen to Keith's panel around expanding your demand response strategy with AI! #demandresponse