sustainability – DIGIT INFO

PowerDime launching tokenized renewable energy platform with Chintai

DIGIT — Mon, 02 Dec 2024 19:00:00 +0000

According to data from Market.US, the virtual power purchase agreement market was valued at roughly $16.7 billion in 2023.

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Northern Trust introduces digital carbon credit trading platform

DIGIT — Thu, 12 Sep 2024 18:16:28 +0000

The Northern Trust Carbon Ecosystem will enable carbon credit transactions from issuance to retirement.

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Academic Paper Demonstrates Bitcoin Mining’s Potential to Mitigate Methane Emissions

DIGIT — Tue, 03 Sep 2024 13:50:33 +0000

Researchers Murray A. Rudd, Matthew Jones, Daniel Sechrest, Daniel Batten, and Dennis Porter have unveiled a new study showcasing a cutting-edge framework that fuses landfill gas-to-energy (LFGTE) systems with bitcoin mining. This innovative strategy is designed not only to combat methane emissions but also to unlock new economic opportunities. Study Merges Landfill Gas-to-Energy Systems With […]

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Bit Digital Expands AI and HPC Footprint, Signs $700 Million Agreement With Boosteroid

DIGIT — Tue, 20 Aug 2024 21:30:19 +0000

Bit Digital, Inc. has shared an update on its journey into artificial intelligence (AI) services by securing a binding term sheet with Boosteroid Inc., a major player in the cloud gaming industry. This partnership highlights Bit Digital’s strategic direction, which focuses on enhancing its AI capabilities through its existing digital asset mining infrastructure. Bit Digital […]

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The Agenda podcast chats with Energy Web on how to fight climate change with help of blockchain

DIGIT — Fri, 28 Jul 2023 12:20:00 +0000

Energy Web CEO Jesse Morris explains why blockchain can make “going green” more efficient, how fighting climate change is easier and why they are building on Polkadot.

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Environmental Impact of AI Models Takes Center Stage Amid Criticism Against Bitcoin Mining

DIGIT — Tue, 18 Apr 2023 13:04:56 +0000

While bitcoin’s effect on the environment has been discussed at length over the last two years, the latest trend of artificial intelligence (AI) software is now being criticized for its carbon footprint. According to several headlines and academic papers this year, AI consumes significant electricity and leverages copious amounts of water to cool data centers. […]

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Cleanspark Purchases 45,000 Bitcoin Mining Devices, Adding 6.3 EH/s to Current Fleet

DIGIT — Tue, 11 Apr 2023 20:00:22 +0000

On Tuesday, the bitcoin mining company Cleanspark announced that it had purchased 45,000 Antminer S19 XP bitcoin mining devices for a total price of $144.9 million. Cleanspark stated that the new fleet would add 6.3 exahash per second (EH/s) of computational power to the company’s current 6.7 EH/s. Cleanspark Acquires 45,000 Bitmain Antminers for $144.9 […]

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Meta Announces 10,000 Layoffs in ‘Year of Efficiency’ Move; Singles Out AI Over Metaverse as ‘Largest Investment’

DIGIT — Thu, 16 Mar 2023 10:00:19 +0000

Meta, the social media company, will continue to shed part of its workforce, recently announcing 10,000 new layoffs to be executed during 2023 as part of its new efficiency policy. Mark Zuckerberg, CEO of the company, stated that artificial intelligence (AI) was currently the company’s most prominent investment, even over the metaverse. Meta Announces 10,000 […]

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ESG Analyst Daniel Batten Reveals Dynamic Charts Showing Bitcoin’s 52.6% Sustainable Energy Use

DIGIT — Thu, 09 Mar 2023 15:30:41 +0000

Environmental, social, and governance (ESG) analyst Daniel Batten said Tuesday that the computational backbone of the Bitcoin network now uses 52.6% sustainable energy. Batten and onchain analyst Willy Woo created Dynamic Bitcoin ESG Charts to showcase the protocol’s progress. Contrary to Cambridge University Data, Analyst Says Bitcoin Mining Uses 52.6% Sustainable Energy These days, there […]

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Terawulf Energizes First Nuclear-Powered Bitcoin Mining Facility in the US, Plans to Expand Operations

DIGIT — Mon, 06 Mar 2023 21:30:41 +0000

Terawulf, a bitcoin mining operation, has announced that it has energized the first nuclear-powered bitcoin mining facility in the United States at the company’s Nautilus Facility in Pennsylvania. According to the company, approximately 1 exahash per second (EH/s) or close to 8,000 application-specific integrated circuit (ASIC) bitcoin miners are now online, and another 8,000 mining […]

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