The negative impact that crypto mining has been a hot-button topic for the last few months, with activist groups rising up against the industry and even entire nations taking a stand against crypto mining. Taking a modular approach is expected to help radically scale up microgrid deployments by commoditizing standard microgrid offerings that can be pieced together.” The environmental effect of mining becoming a bigger issue “Although they are a minority portion of the market if measured by peak capacity, modular microgrids have the potential to make up most of the systems deployed over the next decade. A study from Navigant Research in Boulder, CO, stated that almost 30% of crypto mining energy will come from microgrid technology before the end of the decade. The company claims that the new method for mining will not only boost the hash rate but also cut down on electrical usage at the same time. What makes this process special for CleanSpark is the source of their power will be supplied from solar, wind, and hydroelectricity. It will allow the company to get the majority of its power from one single plant instead of chaining multiple sources together.
Cleanspark mining bitcoin update#
The method in which CleanSpark is hoping to solve these issues is by utilizing what is called microgrid technology. CleanSpark Releases September 2022 Bitcoin Mining Update Company tops 4.16 EH/s, up 21 from August 2022 mines 448 bitcoin for the month, a 132 YoY increase HODL grows 13 to 594 bitcoins.
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