Thursday, December 1, 2022

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Making Mining Clean

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As was noted in earlier AGREEN1 issue, the mining of cryptocurrencies uses enormous amounts of energy, mostly from coal and gas, which is horrible for the environment. For many years, crypto miners have prayed for more sustainable power sources. Perpetual Industries is developing a Green Energy Mining (GEM) System that will provide cost-efficient blockchain mining from natural energy sources. The company aims to significantly reduce the cost of power consumed by miners in the fast-emerging global blockchain and cryptocurrency mining industry. We hope they are working closely with Alchemy to make this a real grand slam home-run.

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