Jiangnan Technology teams up with SynVista: Reshaping Bitcoin Mining with Green Electricity and Energy Storage, Carbon Reduction Data to be Recorded on the Blockchain.
[Chain News] Canaan Technology recently made a big move with SynVista Energy - utilizing green energy and energy storage systems to engage in Bitcoin mining. Their core idea is to achieve dynamic matching of electricity and Computing Power through intelligent power scheduling, which can both maximize the utilization of clean energy and reduce waste.
Interestingly, the two companies also plan to move data such as electricity generation and carbon reduction onto the blockchain to create trustworthy records, paving the way for RWA asset development. Currently, the plan is to run a pilot project to test the waters and see if the model of green Mining can be scaled up. In simple terms, they want to use technological methods to make Mining both environmentally friendly and efficient, and at the same time, add some value to the digitalization of real-world assets.
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GasFeeSurvivor
· 9h ago
This trap of green electricity Mining logic is actually good, but the data on-chain seems a bit overthought.
Can on-chain carbon reduction data be trusted? That's a question.
It feels like just putting a shell on ESG.
Let's wait to see the actual results of implementation; maybe the demonstration projects can run, but at scale? Hehe.
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GweiTooHigh
· 9h ago
Ha, finally someone has seriously combined Mining and green energy, not the kind of Be Played for Suckers "environmental" marketing.
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MetaverseMortgage
· 9h ago
Green power mining on-chain? This idea has indeed been played out creatively, and finally, someone is seriously working on the credibility of the data.
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MainnetDelayedAgain
· 9h ago
It's another demonstration project to test the waters. How many days have passed since I last heard this phrase? According to the database, the implementation rate of such commitments is quite interesting.
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RadioShackKnight
· 9h ago
The idea of putting carbon data on the blockchain is indeed intriguing, but it's hard to say if it can truly be implemented as RWA.
Jiangnan Technology teams up with SynVista: Reshaping Bitcoin Mining with Green Electricity and Energy Storage, Carbon Reduction Data to be Recorded on the Blockchain.
[Chain News] Canaan Technology recently made a big move with SynVista Energy - utilizing green energy and energy storage systems to engage in Bitcoin mining. Their core idea is to achieve dynamic matching of electricity and Computing Power through intelligent power scheduling, which can both maximize the utilization of clean energy and reduce waste.
Interestingly, the two companies also plan to move data such as electricity generation and carbon reduction onto the blockchain to create trustworthy records, paving the way for RWA asset development. Currently, the plan is to run a pilot project to test the waters and see if the model of green Mining can be scaled up. In simple terms, they want to use technological methods to make Mining both environmentally friendly and efficient, and at the same time, add some value to the digitalization of real-world assets.