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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    Enhancing Security in Online Gambling with Blockchain Technology

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    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

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    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

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    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

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  • Metaverse
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    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

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    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

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    CryptoPunks and Pudgy Penguins Draw Major Sales

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    NFT Sales Spike in July—but Still Miles Below 2024’s Highs

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    Ethereum Collections Lead NFT Sales Today

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    how NFTs became a global brand and a Web3 “social currency”

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    Pixel Vault Removes CEO Following Self-Dealing and Rug Pull Accusations

    Labubus have succeeded in every way that NFTs have failed

    Labubus have succeeded in every way that NFTs have failed

    CryptoPunks Floor Price Hits 3-Year High of $208,000

    CryptoPunks Floor Price Hits 3-Year High of $208,000

    NFT sales surge to $574 million in July, second-highest in 2025

    NFT sales surge to $574 million in July, second-highest in 2025

    Crypto Scammer Gets Prison Time for Swiping NFTs, Coins via Hacked X Accounts

    Crypto Scammer Gets Prison Time for Swiping NFTs, Coins via Hacked X Accounts

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    Blockchain Bookmakers: A New Era of Fair and Secure

    Ethereum NFT Sales Surge 56% in July 2025 as Alt-Chains Lose Market Share

    Ethereum NFT Sales Surge 56% in July 2025 as Alt-Chains Lose Market Share

    The Biggest Games Releasing in August 2025

    The Biggest Games Releasing in August 2025

    TaskOn Joins EPHYRA to Elevate AI-Powered Gaming Experience

    TaskOn Joins EPHYRA to Elevate AI-Powered Gaming Experience

    The Squid Fighter game is taking Telegram by storm — join the fight and claim your NFT before it’s too late!

    The Squid Fighter game is taking Telegram by storm — join the fight and claim your NFT before it’s too late!

    Early Off the Grid Skin Holders Are Cashing In – Will You?

    Early Off the Grid Skin Holders Are Cashing In – Will You?

    This Game Lets You Relive the Ethereum Story Through Vitalik Buterin’s Eyes

    This Game Lets You Relive the Ethereum Story Through Vitalik Buterin’s Eyes

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    NFTs at Your Fingertips: Inside Japan’s NFT Vending Machine Trend

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    PEPE GAMES Integrates with GaFin to Power the Meme Gaming Hub

  • Blockchain
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    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

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    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

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    Polyhedra Network launches Proof Cloud in open beta

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    SoonVerse Partners with Arris to Enhance User Experience

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    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

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Home Mining

Bitcoin Miner Manufacturer Auradine Teams with CPower, Voltus to Boost Mining Efficiency

June 18, 2024
in Mining
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Bitcoin Miner Manufacturer Auradine Teams with CPower, Voltus to Boost Mining Efficiency
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Today, Auradine, a Silicon Valley-based Bitcoin miner manufacturer, has strategically partnered with virtual power plant providers CPower and Voltus. The collaboration aims to enhance energy demand response and grid stability using Auradine’s EnergyTune technology.

READ ALSO

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This technology allows Bitcoin miners to adjust their energy consumption in real-time. It could also reduce usage during peak demand periods and increase production during times of surplus.

Auradine to Enhance Bitcoin Miners’ Efficiency with EnergyTune

The initiative aims to support a more sustainable and flexible energy future by integrating demand response capabilities within the Bitcoin mining industry. Auradine’s EnergyTune technology and its collaborations with CPower and Voltus target to enhance efficiency and environmental friendliness in Bitcoin mining. By owning the entire technology stack, Auradine aims to provide performance and integration without relying on third-party components.

In an exclusive interview with BeInCrypto, Rajiv Khemani, co-founder and CEO of Auradine, explained the motivation behind the partnerships with CPower and Voltus. He emphasized the company’s goal to enable efficient and sustainable Bitcoin mining by utilizing excess or wasted energy. This approach allows Bitcoin miners to return energy to consumers and industries when needed.

Read more: How Much Electricity Does Bitcoin Mining Use?

“When we learned about CPower and Voltus, we felt that these companies have very aligned missions with us. So, we thought that a strategic partnership with them was very critical,” he noted.

A January report by Coinshares supports this approach. It found that Bitcoin mining consistently seeks the most affordable energy sources. This sector often utilizes stranded energy that cannot be easily integrated into the existing power grid, usually by tapping into renewable energy projects in remote areas.

See also  DOGE Mining Firm Z Squared To Go Public Through Merger

Consequently, there is an increasing trend of Bitcoin mining operations using electricity from sustainable sources. Daniel Batten, an environmental, social, and governance (ESG) analyst, estimates approximately 53% of the energy consumed by Bitcoin mining operations is now renewable. This figure is higher than the finance industry’s use of sustainable energy, estimated at 40%.

Bitcoin’s Sustainable Energy Use. Source: Daniel Batten

Khemani also discussed the integration process of EnergyTune technology, which enables rapid adjustments in energy consumption at both unit and data center scales. This capability aims to match demand with supply and maintain grid stability. The technology’s ability to increase and decrease energy consumption within seconds is seen as a valuable tool for the energy sector and Bitcoin miners.

Feedback from Auradine’s clients has been positive. Over 30 customers have expressed satisfaction with the capabilities offered by the company’s Bitcoin miners.

These miners also allow operations in extreme conditions without air conditioning. While not all customers have used the CPower and Voltus features yet, those who have are exploring the potential benefits as they expand their deployments.

Bridging Bitcoin Mining and AI Infrastructure

Looking ahead, Auradine intends to diversify its product portfolio to include additional blockchain and generative artificial intelligence (AI) applications. In April, Auradine secured $18 million in Series B funding, which Khemani stated will be used to scale operations and expand the portfolio. The company also plans to raise additional capital later this year to support further growth and innovation.

“Our team has talents and capabilities in the security and cybersecurity area. So, one of the areas we are working on is we can build compelling solutions that are better than using current solutions for generative AI security applications. We expect to bring products in that area over the next one to two years and will disclose more about this as the products get closer to market,” he explained.

Furthermore, Auradine aims to tackle the rising computing and energy costs associated with AI by developing domain-specific solutions. This plan aligns with a recent Bitwise report highlighting the growing value of Bitcoin mining infrastructure for AI companies due to the current AI boom and a shortage of data centers and powerful chips.

See also  Bitcoin: Small holders are hoarding; BTC to $70K again?

However, Khemani noted that while there is potential synergy between Bitcoin and AI data centers, it remains early days. Bitcoin miners’ flexible load capability suits them for demand response and pricing response, whereas AI data centers typically require more consistent energy sources.

Read more: Bitcoin Mining From Home: Is It Possible in 2024?

Additionally, Auradine plans to partner with states and countries that support Bitcoin and energy providers with excess energy. These partnerships aim to responsibly integrate Bitcoin mining into the broader energy and financial ecosystems.

Tags: AuradineBitcoinBoostCPowerEfficiencyManufacturerminerMiningteamsVoltus

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Memecoin Project Obama6900 (OBX) Joins the Fight Against Malaria with Long-Lasting Insecticidal Nets (LLINs)

October 28, 2023
Tezos 2023 Outlook: An Overview of Tezos (XTZ)

Tezos 2023 Outlook: An Overview of Tezos (XTZ)

November 2, 2023
UK risks regulating NFTs the wrong way, says Mintable CEO

UK risks regulating NFTs the wrong way, says Mintable CEO

October 30, 2023
How to Earn Keys to Boost Your HMSTR Airdrop

How to Earn Keys to Boost Your HMSTR Airdrop

September 10, 2024
Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

August 3, 2024

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EDITOR'S PICK

Exploring what fueled Floki Inu’s 111% hike and the road ahead

Exploring what fueled Floki Inu’s 111% hike and the road ahead

May 18, 2024
Smart Sensor Market: From USD 68.15B in 2023 to USD 282.15B by 2032, at 17.1% CAGR.

Smart Sensor Market: From USD 68.15B in 2023 to USD 282.15B by 2032, at 17.1% CAGR.

January 22, 2025
Justin Sun’s Grand Strategy For Ethereum Price: $10,000 Target

Justin Sun’s Grand Strategy For Ethereum Price: $10,000 Target

January 25, 2025
Bitcoin above $70K again – Here’s why it happened and what could change

Bitcoin above $70K again – Here’s why it happened and what could change

March 26, 2024

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