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

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At least four people have been killed in a Russian rocket attack on the western city of Lviv in Ukraine, officials said. Mayor Andriy Sadovy said three people have been killed in the attack and others injured, and that around 60 apartments and 50 cars in the area of the strike were damaged. Emergency service workers are searching in the debris early on Thursday morning for more people trapped. Regional governor Maksym Kozytskiy said in a Telegram post that a critical infrastructure facility had been damaged, without providing further details. Widespread air alerts were sounded across Ukraine earlier today amid reports of cruise missiles entering Ukrainian airspace. Mr Sadovy also reported a series of explosions in his city. This comes as Ukrainian president Volodymyr Zelensky has claimed Russian forces have rigged the roof of several reactors at the Zaporizhzhia nuclear plant with explosives, to make it appear Kyiv has attacked its own facility. Experts from the UN nuclear watchdog based at the plant, Europe’s largest, say they have seen no indications of explosives but that they would need more access to be sure. Read More Suspect in Ukraine detonates explosives at a courthouse, killing himself and wounding 2 officers Zelensky says Russia has planted explosives on Ukraine nuclear plant Ukraine and Russia trade accusations of imminent attack on Europe's largest nuclear plant.

Caleb Williams is often likened to Patrick Mahomes and there are a few surface-level similarities, but the USC star doesn't think the comp is useful.

Aaron Ramsdale’s father has criticised Arsenal boss Mikel Arteta for not telling his son why he has been dropped in favour of David Raya. England goalkeeper Ramsdale started in Arsenal’s first four Premier League games, but has been relegated to the bench following Raya’s arrival on loan from Brentford. Ramsdale’s father, Nick, told The Highbury Corner podcast that his son had “lost his smile” and was finding it difficult after not being given an explanation by Arteta. Nick Ramsdale said: “Aaron’s lost that smile to when he was holding on to that ball at this moment in time and it is difficult. “It really is difficult to see him there and we all keep saying ‘you need to keep smiling’.” He added: “It’s possibly the way it’s been done. Not knowing the reason why, and this is me because we don’t know why. Again, Aaron is working as hard as he can. He’s trying to do his best for the squad. He’s upbeat and he’ll do everything for Arsenal to try and win the league.” Ramsdale signed a new long-term deal with the Gunners in May, but has played second fiddle since Raya arrived in August on a season-long loan with a view to a permanent move. Nick Ramsdale added: “Aaron is going to be the cup goalkeeper, and David Raya is going to be the main man unless something happens, an injury or a sending-off. Aaron’s got to live with that and he is living with that even though he’s not been told it. By anybody.” Read More Anybody can beat anybody on the day – Kane Williamson hopeful NZ can upset India Denver Broncos capitalise on second chance to beat Buffalo Bills World trampoline champion Bryony Page eyes landmark Olympic appearance in Paris

A man accused of fatally shooting his parents and two of their friends before opening fire at vehicles on a highway as he fled also stole nine guns from the victims, according to a grand jury indictment.

NEW YORK--(BUSINESS WIRE)--Jul 10, 2023--

The Koa King Operator in Call of Duty: Modern Warfare 3 is The Rock's cousin, Ben, a former Navy SEAL. Here's how to get the Warrior Pack in MW3.

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Amouranth said, 'I’m actually working with a beverage company, it’s not my own, I’m still doing that project, there’s a beer company, they’re European'