21-12-2017 20:30 via theverge.com

Can renewable power offset bitcoin's massive energy demands?

Up in the Austrian Alps, inside two hydropower mills, a start-up called HydroMiner keeps high-power computers, CPUs, and servers running around the clock. These machines suck in a steady 600 Kilowatts of cheap hydroelectric power as they seek to mine new bitcoins — an energy-intensive process that involves solving mathematical problems by repeated trial and error. But unlike other bitcoin miners, HydroMiner says it’s minting cryptocurrencies without harming the environment or contrib
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