Cathedra said the agreement makes it the first publicly listed miner utilizing both on- and off-grid energy. Off-grid energy can allow bitcoin miners to escape some criticism of destabilizing the electricity grid due to the power consumption involved while also providing the option of selling power to the grid should it be advantageous to do so.
Blockchain Powers Jack Ma’s $8-B Ant Group Energy Asset Strategy
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure According to Bloomberg, Ant Digital Technologies has...