CPower Energy’s Post

🐉 When China banned crypto mining in 2018, it sparked an exodus that would reshape the energy landscape of the United States 🦅 Terawatts of power immigrated to the USA and David Chernis was at the inception of democratizing access to energy markets for Crypto Miners and now AI Compute companies. As Director of Flexible Compute Platforms for CPower Energy he works alongside the largest and most established AI compute and mining companies in the space today., TeraWulf Auradine , Hiveon, OBM, Inc. Inc. Here my main highlights from his keynote at 2024 Bitcoin Mining World ⚡️ 🔌 Mining companies are evolving beyond crypto. With established energy infrastructure and extensive rack space, they're now incorporating AI GPUs, unlocking revenue streams up to 10 times more lucrative than traditional mining. This pivot is transforming mining facilities into incubators for next-gen Al compute power. 🚀 Demand Response is the competitive edge in mining. The most innovative operators in deregulated markets are slashing energy costs by 20% and boosting revenue by 15-40% through strategic participation in demand response programs. 📈 CPower is in the business of giving out demand response checks and lowering Energy OPEX. Being ready to adjust operations during peak demand (~ 4-5 times yearly), can earn $70,000 - $100,000 in passive revenue. Grid Operators want an insurance policy for the grid and are willing to pay out hundreds of thousands of dollars for it. ⚙️ GPUs in mining facilities can be curtailed within seconds, ideal for grid services typically only available for physical power plants like frequency regulation. Al workloads can continue training by auto-tuning to grid demands, and potentially increase revenue by 10-20x by participating in automated flexible grid services without sacrificing computation. 🔋 Virtual Power Plants will continue to play a role in the future of High Performance Computing. As mining and AI data centers evolve into grid-balancing powerhouses, they won’t just be powering the technologies that will make American lives easier and better— they'll also be contributing to grid stability and enabling a renewable energy future. 🦶Footnote: The convergence of Crypto, Al, and energy markets is a historical singularity of opportunity and as a student fresh out of college I am proud to be working at an USA BASED company that is leading these efforts by visionaries like David that are making this future possible.

Great explanation of the very significant value of #demandresponse to miners and traditional data centers as AI rapidly expands.

TOMORROW is our webinar: Evaporative Cooling Technologies for Bitcoin Mining Infrastructure—A can’t-miss event for mining facility owners and operators. The last decade has seen an exponential growth in bitcoin mining facilities. More than ever, energy-efficient cooling solutions play a central role in facilities design and management. It's time to explore flexible cooling solutions that can help you reduce your mining costs, offering fast scalability with low total cost of ownership (TCO). Register in the comments below! Discussion topics include: • Overview of Condair's global presence • Design and scale • Bitcoin mining – The decentralized equinox • Condair's custom evaporative cooling solutions • Cycles of concentration and media life • Replacement media programs This webinar is presented by Nuno Silva PhD (BDM – Key Accounts) and William Truong (BDM – Data Centers) #HumidityForABetterLife #Webinar #Crypto #CryptoEconomy #Bitcoin #Technology

A Bitcoin miner has announced the BTC mining chip roadmap to aid miners in assessing their next move by analyzing the upcoming tech developments. Bitdeer Technologies Group (BTDR), a pioneer in high-performance computing and blockchain technology, has disclosed a comprehensive research and development (R&D) roadmap for its SEALMINER Bitcoin (BTC) mining devices. This action emphasizes […] #Crypto #Bitcoin #Bitcoinminingchip

Discover the top six cryptocurrencies to mine in 2024, featuring BlockDAG, Bitcoin, Dogecoin, and more. #BTC #DOGE #ETC #LTC #XMR https://lnkd.in/dqw7mzxQ

Interesting segment with Lee Bratcher:

#TSXV #NASDAQ #HIVE HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE), a prominent Bitcoin miner is at the forefront of the Bitcoin mining sector with operations in Sweden and Iceland. Frank Holmes, co-founder and chairman of HIVE, emphasised the role of Bitcoin in the digital financial transformation, highlighting the significant inflows into Bitcoin ETFs such as those from VanEck and BlackRock. Holmes underscored the decentralised nature of the Bitcoin ecosystem, powered by 17,000 nodes worldwide, offering transaction validation at a fraction of traditional banking costs. He discussed the upcoming Bitcoin halving in April, its implications for the mining sector, and Hive's commitment to mining "green coins" using renewable energy sources. Watch at #Proactive #ProactiveInvestors http://ow.ly/8qRp105juBb

According to CoinMarketCap, Bitcoin's inflation rate has now dropped to 0.83%, lower than that of gold, making BTC the scarcest asset in history. The block rewards for miners have been permanently reduced by half, following the fourth halving. This adjustment brings the block rewards down to 3.125 BTC compared to the previous amount of 6.25 BTC. Read the full story on the CryptoWeekly website using our link below. #cryptocurrency #bitcoin #crypto #btc #blockchain #mining #halving #scarcity #gold

Welcome to Sapere Aude, Bithouse's blog dedicated to exploring the fascinating world of Bitcoin mining. In the spirit of the motto "Dare to Know," we'll delve into the technical aspects, industry trends, and the future of securing the Bitcoin network. Beyond the Basics: Exploring the Future The evolution of mining hardware: From early days with CPUs to the dominance of specialized ASICs (Application-Specific Integrated Circuits), we'll discuss the technological advancements in mining. The environmental impact of mining: We'll address concerns about energy consumption and explore sustainable mining practices. The future of Bitcoin mining: As the network matures, how will mining evolve? Will new technologies emerge, and what role will miners play in the ever-changing crypto landscape?

New Post: Migration of 6,000 Bitcoin Mining Machines in the US Ahead of Halving Event - https://lnkd.in/dzzXcw_T -\[POST_IMAGE\] #cryptonewsbytes #cryptocurrency #crypto #cryptonewsbytes #bitcoin #ethereum #eth #btc