Singapore Power Unveils Blockchain Market for Renewable Energy Trading
Singapore's energy utilities provider has launched a blockchain-powered marketplace for trading renewable energy certificates.
The platform tokenizes output of solar-panel assets and allows customers to pay bills according to the power produced.
Gryphon is launching its all-renewables mining venture at a time when bitcoin – and scrutiny over its energy consumption – are at all-time highs.
Compass Mining is just the latest firm to show how bitcoin's economic incentives could spur a greener grid.
A Thailand public-private joint venture has inked a deal with blockchain startup Power Ledger to encourage renewables trading and uptake.
The newly extended rule that crypto mining farms must offset energy consumption with renewables might also be made permanent.