Energy Web Offers Solution to Miners Looking to Switch to Renewable Energy

1 min read

blockchain is a problem and the solution

Blockchain ironically creates the problem and solves it at the same time. It is clear that coin mining is energy-intensive (although just how energy-intensive is up for debate), so miners are looking for more energy efficient ways of mining and looking to gather their energy from renewable sources. 

However, how can a miner know whether he is using renewable energy? Through blockchain. Specifically within the Energy Web Tech Stack.

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Ai for Good is hosting Energy Web on February 10, 2022 to talk all about tracking renewable energy 24/7 with open-source blockchain solutions. 

Register here

How can we track green energy consumption around the clock? 

To answer this question, Energy Web and Shell completed a proof of concept to track renewable energy 24/7 using Blockchain Technology. They tested and demonstrated how blockchain can support customers’ changing needs and increase transparency on renewable electricity consumption. 

Join this session for a showcase of a granular matching of renewable energy supply and demand in a trusted way. Using Energy Web’s open-source digital infrastructure, including the Energy Web Chain, this solution complements existing certification schemes. Helping to build openness and trust in the technologies that will enable rapid shifts in our current energy systems.

AI for Good presenters will reflect on the role blockchain can play as a complementary building block in a future decarbonized energy system enabled by artificial intelligence.

AI for Good Perspectives are interviews, viewpoints and presentations from experts from the AI for Good community, moderated by leading tech journalists and available on demand.

This live event includes a 30-minute networking event hosted on the AI for Good Neural Network. This is your opportunity to ask questions, interact with the panelists and participants and build connections with the AI for Good community.

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