Canaan Partners with SynVista to Create Renewable Mining Rig

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Bitcoin mining and hardware maker Canaan has entered into a partnership to co-develop a renewable-energy adaptive Bitcoin mining platform, expanding its focus on green energy as the industry seeks sustainable ways to meet its power demands. 

In conjunction with green-power developer SynVista Energy, Canaan plans to create a mining rig that uses an artificial intelligence-powered scheduling engine to synchronize energy supply with dynamic hash-rate demand, the miner announced on Monday. 

The goal is to maximize the utilization of clean energy without…



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Canaan Partners with SynVista to Create Renewable Mining Rig


Bitcoin mining and hardware maker Canaan has entered into a partnership to co-develop a renewable-energy adaptive Bitcoin mining platform, expanding its focus on green energy as the industry seeks sustainable ways to meet its power demands. 

In conjunction with green-power developer SynVista Energy, Canaan plans to create a mining rig that uses an artificial intelligence-powered scheduling engine to synchronize energy supply with dynamic hash-rate demand, the miner announced on Monday. 

The goal is to maximize the utilization of clean energy without…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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