bitcoin

Aspen Creek Digital, a US bitcoin miner, has started operations at a 30 MW bitcoin data center powered by an 87 MW solar park in Texas. The project is the company’s second solar-powered bitcoin-mining center.

Cape Town-based solar crowdfunding platform The Sun Exchange in April announced completion of its largest funding call, for US$1.4 million to finance what it described as a 510kW solar-plus-storage facility for Zimbawean food company Nhimbe Fresh. With the first part of a planned three-phase “going solar” transformation of the business complete, pv magazine spoke to The Sun Exchange founder and CEO Abraham Cambridge, and to Nhimbe Fresh chairman Edwin Masimba Moyo.

In a financial world of stocks, bonds, foreign exchange, and credit cards, trillions of dollars are traded daily, with money flows handled by a bevy of databanks. In the world of cryptocurrency, billions of dollars worth of Bitcoin are traded through as many as 400,000 transactions per day, consuming the energy supply of a modernized country. The quirk is a “proof of work” feature that provides decentralized security. Is Bitcoin’s energy usage all for nothing, or is it a game-changer for renewable assets and generators? Tristan Rayner explores.

With Cape Town-based solar crowdfunder The Sun Exchange having generated $1.4 million for a 510 kW solar-plus-storage facility for Zimbabwean food company Nhimbe Fresh, pv magazine has spoken to the heads of both businesses–Sun Exchange CEO and founder Abraham Cambridge and Nhimbe executive chairman Edwin Moyo–about the fundraising exercise. First up is The Sun Exchange founder…

Abe Cambridge, chief executive and founder of solar cell-level, crowdfunding-based PV leasing business The Sun Exchange has spoken to pv magazine about the company’s project pipeline and its focus on bringing affordable clean power to schools.

With Cape Town-based The Sun Exchange’s cell-level solar leasing model now reportedly serving 19,000 micro investors, linking finance directly to carbon emission tonnage is another route to bringing PV investment to fruition across the continent.

U.K.-based Power Transition today launched a crowdfunding exercise to raise the £300,000 it says it needs to scale up its blockchain-based, peer-to-peer energy trading platform beyond a 47-home demonstration project.

A public enterprise grade energy blockchain has powered up with the promise to accelerate a low-carbon, distributed electricity future. For the first time, energy sector companies are hosting validator nodes on a decentralized network as they seek to adapt to a more digitalized and decentralized energy system.

Open-source blockchain platform Energy Web Foundation has revealed the number of its affiliates has risen from 37 to 100 in recent months. New members include EnBW, Total and a unit of the State Grid Corporation of China. The platform was conceived to create an energy-blockchain ecosystem and to accelerate the energy transition.

A data center, which will be used for crypto and Bitcoin mining, will be powered by a combination of solar power generated at an adjacent 20 MW solar PV farm and coal-fired generator.