Cryptocurrencies might be intangible, but that doesn’t stop them from sucking up an inordinate amount of energy. Bitcoin, for example, consumes more energy than all of Ireland thanks to the high-powered computation required to run its networks.
The idea is that the shipping containers will chase cheap, green energy, ideally in countries with cool climates. The company says this mobile set-up is beneficial in a couple of ways: First, it frees crypto operations from becoming tied to a city or government.
Second, cheaper energy ultimately makes for a more efficient and cost-effective way to mine cryptocurrency. The company currently has four functioning units and has begun raising funds for build up to 30 more.
”We believe that future crypto-mining operations should be decentralized, mobile and independent from any single government, as well as placed in a region with a surplus of electricity production,” the founders say. A daily dose of design and real estate news, intel, and eye candy Uber’s “backup driver” was streaming a video on her phone at the time of its fatal crash, police documents show.
The 1928 compound was the home of William Kelly Simpson, a professor of Egyptology at Yale and his wife, Marilyn Ellen Milton, a granddaughter of John D. Rockefeller. One of the last seaweed-thatched homes on a Danish island, the home has been standing since the late 1700s and recently underwent a full renovation. Read more from curbed.com…
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