Home Cryptocurrency News Does Cryptocurrency Mining Really Want To Be Cleaned Up? – Smartbrief

Does Cryptocurrency Mining Really Want To Be Cleaned Up? – Smartbrief

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John Belizaire, the founder and CEO of Soluna Computing, joins the present to do a deep dive on how cryptocurrency mining and blockchain know-how influence the grid. You’ve most likely seen the headlines and the narrative is that the computing energy required to run these applied sciences locations an enormous pressure on the grid. Effectively, John lately testified before Congress on the subject of cleansing up crypto mining and the power influence of blockchains …  and his opinion may shock you. In truth, his viewpoint turns that narrative on its head.

John additionally discusses how sustainable computing is changing into one more instrument renewables builders and utilities can use to boost grid resiliency and enhance the monetary efficiency of energy technology tasks. Briefly, John believes computing can turn into half of the grid … relatively than simply one thing that calls for energy from the grid.

Highlights:

(2:02) – Why the narrative round cryptocurrency mining is incorrect.

(6:22) – The controversy round ‘proof of labor’ versus ‘proof of stake’

(10:47) – On testifying earlier than the US Congress.

(16:00) – How renewables and cryptocurrency mining might help energy one another.

(20:40) – How computing can turn into a part of the grid.

(23:21) – The intersection of sustainable computing and battery storage.

(27:24) – John’s daring predictions.

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