Articles for tag: community concerns, cryptocurrency mining, Digihost, Energy Solutions, NANO Nuclear Energy, North Tonawanda, nuclear power

Market News

Nuclear Power in North Tonawanda: Cryptocurrency Operations Explore Sustainable Energy Solutions for the Future

Digihost, a cryptocurrency mining company in North Tonawanda, is considering using small nuclear reactors to meet its significant energy needs. The facility, located off Erie Avenue, signed a memorandum with NANO Nuclear Energy Inc. to explore this option, aiming to implement nuclear power in the area by 2031. However, local officials have raised concerns, proposing ...

Market News

AI

Revolve Labs faces skepticism over its noisy crypto-mining proposal as residents demand quieter alternatives amidst community concerns.

Revolve Labs, formerly Bit49, hopes to generate revenue from its new AI data center, allowing it to move or shut down its current facility. At a recent public hearing in Glencoe, residents expressed concerns about the company’s past performance as neighbors, particularly regarding noise from its crypto-mining operations. While some residents are skeptical of Revolve ...

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