Largest Renewable Energy Solar Powered Bitcoin Mining Project in the World
The world is in the middle of a revolution: blockchain technology is the most important inventions in computing in a generation replacing centralized proprietary services with decentralized open ones; verifiable ledger transactions using peer-to-peer algorithmic markets. Blockchain, a vast global platform based on a distributed ledger with Bitcoin, Ethereum, and other blockchain networks have proven the utility of decentralized transaction ledgers.
It Is Having An Impact On Our Climate
A massive amount of computing power and electricity is spent on processing the complex transactions of the bitcoin ledger to verify blocks. The immense datacenters completing these complex problems essential to the blockchain are located internationally wherever the cost of electricity is cheapest are rewarded Bitcoin for their work without concern for their energy impact on the climate, or as if alternative energy solutions existed.
In today’s world carbon footprint and efficiency matter.
Alternative Energy Solutions
Energia Global will use renewable energy with the latest technology to build one of the world’s largest cryptocurrency mining centers achieving maximum productivity with minimum wasted energy or expense.
I have been wanting to do this for awhile as I have a background in Engineering and am fascinated by renewable energies and crypto. I'm glad to see someone deploying such a large scale system.
You can follow the project and stay in the loop here, https://www.indiegogo.com/projects/solar-powered-bitcoin-mining-farm-innovation-technology/coming_soon
brilliant idea....
Well it was only a matter of time. Data mining requires a lot of energy and cooling.
Great company... They should think about doing this for all data centers, since they all run high electrical wattage.
meep
Love seeing content realted to solar power!
That is super cool I was thinking about that I'm curious about the cost but I love the idea
Ok miner, would you like to use $3/gallon diesel or $4.50 diesel in your mine? I do believe renewables have their place. I worked in renewable energy for 10 years as an engineer. But energy costs always factor in to your competitiveness.
Sounds like green washing to get press/investment, but maybe that is just skeptical me.
Now I am not the head engineer on the project or one at all but yes all miners want to be running 100% of the time. That is what the Powerbacks are for; renewable integration for smooth and firm output of the wind or solar, along with peak shaving and load shifting from the plentiful and cheap electricity source at 4.61 kW. Probably more your language than mine so I am sure you get it now.
I am speaking to overall costs and you are speaking about availability. They are different things.
You have a misleading title, data mining and bitcoin mining is to different things. Good post though!
Resources from the data center can be used for many projects from pharmaceutical to just about anything. What do you think it more accurate, Largest Renewable Energy Solar Powered Data Center for Bitcoin Mining? Or something else?
the thing is the power can be used the data hardwere not so much. Bitcoin mining require asic's. You could run both half bitcoin and half servers. It would be more sound if you can repropose heat from the mining to runn the servers. That is the only vibel option that is economic sound to do. At the moment servers and bitcoin mining do not go hand in hand. If you not have new super chip that can mine bitcoin and or any other cryptocurrency without a relative loss, and can be multiproposed to other tasks if needed. It is basicly a lost project. You could set up a server and run that on solarpower. And sell services and charge bitcoin, that has way higher profit margin. You know you need to think about wear and tear + hardwere replacment(quite frequent in bitcoin mining), servers run for years on end with almost no maintence and less coling needed. If mining is disired you can look in to Magi(cpu coin with low power usage), has a greate potensial. Make it the nr.1 payment of choise, and boom you have a growing demand on the coin when you are selling dataservices to the cryptospace. Nodes are in greate demand so maybe somthing to look in to. A lot of intresting things to do with solar power, but you need to chose betwin a mining farm or a data center. If it is superlarge maybe a low power process running on each cpu or/and gpu in the backround would do it. Money goes out in unexpected places, so if the power used can not justify what you are doing it is almost never smart to do so free power or not.
Excellent guidance and input, greatly appreciated.
happy to help :)