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NASA's ambitious robots find each other in the Mars desert
NASA's ambitious robots find each other in the Mars desert
NASA expected its Mars helicopter, Ingenuity, to last for five flights. It's now flown a
2023-08-10 17:49
Bitcoin mining could supercharge transition to renewables, study claims
Bitcoin mining could supercharge transition to renewables, study claims
Solar and wind energy installations could earn hundreds of millions of dollars by mining bitcoin during periods of excess electricity generation, according to a new study. Scientists from Cornell University in the US, who conducted the research, said setting up mining operations could reduce the environmental impact of cryptocurrency, while also providing revenue that could be reinvested in future renewable energy projects. “Profitability of a mining system hinges on periods of steady energy availability since renewable energy sources can vary significantly,” said Fengqi You, a professor of energy systems at Cornell University. “Therefore, it is important to site the mining farm strategically to maximise productivity.” The state with the most potential for setting up profitable crypto mining operations is Texas, according to the study, with 32 planned renewable projects capable of generating combined profits of $47 million. California, Colorado, Illinois, Iowa, Nevada and Virginia all showed potential, though setting up mining rigs presents a large initial cost. One way of incentivising such projects, Cornell doctoral student Apoorv Lal suggested, could be the introduction of new policies that provide economic rewards for mining bitcoin and other cryptocurrencies with clean energy ”These rewards can act as an incentive for miners to adopt clean energy sources, which can lead to combined positive effects on climate change mitigation, improved renewable power capacity, and additional profits during pre-commercial operation of wind and solar farms,” Mr Lal said. “We also recommend policies that encourage cryptocurrency-mining operations to return some of their profits back into infrastructure development. This would help create a self-sustaining cycle for renewable energy expansion.” Bitcoin has drawn criticism from environmentalists for the vast amounts of electricity required to support its network and mint new units of the cryptocurrency, with recent analysis from the University of Cambridge estimating that it uses roughly the same amount of electricity as Poland. The plummeting costs of renewable energy mean bitcoin miners are increasingly turning to solar, wind and hydro sources to power their operations. “In its current status, the infrastructure that supports the Bitcoin protocol cannot be sustained, but the beauty of the protocol is that the incentive structure will force miners to adopt the cheapest form of electricity, which in the near future will be renewable energy,” Don Wyper, COO of DigitalMint, told The Independent last year. The latest study, titled ‘From mining to mitigation: how bitcoin can support renewable energy development and climate action’, was published in the journal ACS Sustainable Chemistry & Engineering. Read More Bitcoin mining rate hits all-time high amid record-breaking prediction for 2024 Nasa has received a signal from 10 million miles away Scientists reveal surprise finding from huge study into internet and mental health Nasa has received a signal from 10 million miles away Scientists reveal surprise finding from huge study into internet and mental health Software firm Cloudsmith announces £8.8m investment
2023-11-28 20:53
Forza Motorsport Track List
Forza Motorsport Track List
You can find every track available in Forza Motorsport at launch here.
2023-10-10 22:21
Intel hit with $400 million EU antitrust fine in decades-old case
Intel hit with $400 million EU antitrust fine in decades-old case
By Foo Yun Chee and Bart H. Meijer BRUSSELS (Reuters) -Intel was fined 376 million euros ($400 million) on Friday
2023-09-22 19:51
Amazon Kindle Paperwhite Signature Edition Review
Amazon Kindle Paperwhite Signature Edition Review
Editors' Note: This is the most recent version of the Amazon Kindle Paperwhite Signature Edition.
2023-06-22 23:25
US curbs on chip tools to China nearly finalized-posting
US curbs on chip tools to China nearly finalized-posting
An updated rule curbing exports of U.S. chipmaking equipment to China is in the final stages of review,
2023-10-06 11:17
Analysis-Investing in AI: how to avoid the hype
Analysis-Investing in AI: how to avoid the hype
By Naomi Rovnick LONDONExperienced tech investors are hunting for undervalued opportunities in an over-valued space. At stake is
2023-05-26 13:27
Shadow Review
Shadow Review
The Shadow remote PC streaming service has experienced a few bumps in the road since
2023-09-09 04:58
A New Crypto Banking System Arises Under the Shadow of a Regulatory Crackdown
A New Crypto Banking System Arises Under the Shadow of a Regulatory Crackdown
Two months after the collapse of Silvergate Capital Corp. and Signature Bank, a new banking landscape for crypto
2023-06-09 15:21
Meta is set to take on Twitter with a rival app called Threads
Meta is set to take on Twitter with a rival app called Threads
Meta is poised to launch a new app that appears to mimic Twitter in a direct challenge to the social media platform owned by billionaire Elon Musk
2023-07-04 18:22
Bitcoin drops to new two-month low as world markets sell off
Bitcoin drops to new two-month low as world markets sell off
By Elizabeth Howcroft LONDON (Reuters) -Top cryptocurrency bitcoin hit a fresh two-month low on Friday, breaking out of its recent
2023-08-18 17:54
The Earth is being polluted by space junk, scientists discover
The Earth is being polluted by space junk, scientists discover
Minuscule traces of metal from space junk that's designed to be disposable are invisibly polluting the Earth's atmosphere, a new study has found. In recent times, spacecrafts launched into space have been designed so that they fall out of orbit and fall back down to Earth after their intended use. So instead of the materials crashing on land, they can burn up in the upper atmosphere. Although the debris of rockets and satellites burn up when re-entering the planet's atmosphere, the consequences of metal vapour being left behind currently remain unknown. But given the amount of space exploration taking place, the amount of metal vapour is expected to rise in the years to come. Physicist Daniel Murphy of the National Oceanic and Atmospheric Administration (NOAA) has led a team of researchers to investigate what effects this metal vapour could have as well as its impact over time and this study was published in Proceedings of the National Academy of Sciences, as per Science Alert. He listed "iron, silicon, and magnesium from the natural meteoric source" as the current refractory material in stratospheric particular. Murphy has warned how this composition could be affected by the metal vapour from space junk. "However, the amount of material from the reentry of upper-stage rockets and satellites is projected to increase dramatically in the next 10 to 30 years," he wrote. "As a result, the amount of aluminum in stratospheric sulfuric acid particles is expected to become comparable to or even exceed the amount of meteoric iron, with unknown consequences for inclusions and ice nucleation." To find out if metal vapour remained, Murphy and his team took and analyzed 500,000 stratospheric aerosol droplet samples to see if they had traces of spacecraft metals. Aerosols contain sulfuric acid droplets made from the oxidation of the carbonyl sulfide gas and in the atmosphere, this can appear naturally or as a pollutant. Metal and silicon traces can be found in these droplets too, acquired from meteors which vaporize upon atmospheric entry. Around 20 metals were discovered from this research, and while some metals had similar ratios to the vaporizing meteors, other metals such as lithium, aluminium, copper, and lead exceeded the anticipated amounts. Particles from vaporized spacecraft were found in 10 per cent of stratospheric aerosols over a certain size while other common spacecraft metals such as niobium and hafnium were also present. Consequently, these traces of spacecraft particles could affect how water freezes into ice in the stratosphere, and stratospheric aerosol particles could change in size. Due to more space exploration planned in an "era of rapid growth" for the industry, the researchers predict "the percentage of stratospheric sulfuric acid particles that contain aluminum and other metals from satellite reentry will be comparable to the roughly 50 per cent that now contain meteoric metals." Sign up to our free Indy100 weekly newsletter Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-10-17 18:50