Researchers uncover unlikely factor easing pressure on national power grid: 'A lot of [people] were skeptical'

Researchers uncover unlikely factor easing pressure on national power grid: 'A lot of [people] were skeptical'

Experts involved with the power-hungry cryptocurrency sector are trumpeting a Duke University study that suggested energy-gobbling crypto mining can actually help bring balance to a challenged grid.  The answer, per the experts, is better planning by taking advantage of flexible loads. This means powering down during peak demand or using other (preferably renewable) energy sources until the grid is stable.  It's news bitcoin investor and analyst…

‘Clean Cloud Act’ draft bill requires crypto miners to cut emissions or face fines

Companies leasing portions of data centers could also be liable for the reporting requirements and emissions fines, according to the draft bill.

Nature will become a cryptocurrency, locals fear. A Canadian mining company is buying up gas wells and considering using the energy in data centers. People from the Beskydy Mountains are against it.

Senators Demand Transparency in Cryptocurrency Practices

The post Senators Demand Transparency in Cryptocurrency Practices appeared on BitcoinEthereumNews.com. In light of increasing scrutiny and regulatory focus on cryptocurrency management in the United States, Senators Thom Tillis and John Hickenlooper are bringing back the PROOF Act. This proposed legislation aims to enhance transparency and the management of funds by compelling companies that provide cryptocurrency services to regularly oversee c…

US Senate draft bill targets AI and crypto data centers with emissions fees

A draft bill in the US Senate proposes imposing fees on data centers supporting blockchain networks and AI models that surpass federal emissions targets. The bill, spearheaded by Senate Democrats Sheldon Whitehouse and John Fetterman, is designed to tackle the environmental effects of increasing energy demand while shielding households from higher energy costs, according to Bloomberg. Key provisions of the Clean Cloud Act and industry reactions …

US Senate considers charging data centres, cryptominers for GHG emissions « Carbon Pulse

A new US Senate bill introduced Friday would set emissions limits on electricity consumed by data centres and cryptomining facilities.