It seems like everybody has a membership program these days, and at the end of

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

Respawn Entertainment have rolled out a new hotfix for Apex Legends, fixing a number of pesky bugs that have been ruining matches.

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SAN FRANCISCO--(BUSINESS WIRE)--Jun 22, 2023--

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By Rory Carroll LOS ANGELES (Reuters) -Some NFL players have expressed interest in playing for the U.S. flag football team

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Tottenham have beaten Man City, PSG & a number of other teams to the signing of Croatian wonderkid Luka Vuskovic.

Declan Rice’s ambition to play “at the very highest level” was behind his “tough” decision to leave West Ham. The 24-year-old’s departure from the club he joined a decade ago in a club-record £105million deal – making him the most expensive English player in history – was confirmed by the Hammers ahead of his imminent move to Arsenal. Rice’s last act as a West Ham player was to become only the third captain in their history, behind Bobby Moore and Billy Bonds, to lift a major trophy after last month’s Europa Conference League victory over Fiorentina. But the England international wants to play in the Champions League and that is something Arsenal can offer. In a letter to fans, Rice said his goodbyes after “an absolute whirlwind of emotion” over the last few weeks. “I want you to know how tough a decision it has been for me to leave an environment that I have loved and cherished so much,” he said. “This club and its supporters will always be in my heart, and forever a part of who I am. “Ultimately, though, it has only ever been about my ambition to play at the very highest level of the game. “Playing on the opposite team to West Ham for the first time will be an unusual experience. “I’m not sure yet exactly how I will feel, but I also know you will all understand and respect that my professional loyalties have to now lie with my new club.” Joint-chairman David Sullivan revealed last month the club had a gentleman’s agreement with Rice to allow him to leave this summer after the player turned down the offer of a highly-lucrative new contract. “I am sorry to see Declan leave us but I believe that everyone at West Ham United should be very proud of the part we have played in his journey from the Academy of Football at Chadwell Heath to becoming the most valuable young player in English football,” he said in a statement. “I would like to make it clear to our supporters that we did not want to sell Declan. We wanted to build our team around him and made a series of improved, long-term contract offers to secure his future. “However, once Declan made it clear that he wished to move on and seek a new challenge, the club felt it would not be right to stand in his way, acting in the best interests of West Ham United.” Rice made 245 appearances for the club, his last helping secure a first trophy since 1980, and manager David Moyes was understandably sad to see him leave. “I’d like to personally thank Declan for everything he has done during his time at West Ham United,” he said. “Obviously it is sad when we say goodbye to someone who has been with us for so long but we must now look forward. “As history shows, no player is ever bigger than the club. “Our entire focus now is on building upon the success we enjoyed last season, adding to our talented Europa Conference League title-winning squad as we enter our third consecutive season in Europe, and continuing to develop the best young talent through our successful academy.” Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live Declan Rice leaves West Ham for record fee with Arsenal move imminent Alex Greenwood happy with ‘humble’ England’s chances at Women’s World Cup Ireland’s Niamh Fahey says nothing can truly prepare team for World Cup opener