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Allied Energy signs MOU with Enerhash USA to begin initial flare gas Bitcoin mining data center project

Allied Energy signs MOU with Enerhash USA to begin initial flare gas Bitcoin mining data center project

Allied Energy Corporation and River Energy Group LLC, known together as “Allied-River,” signed a Memorandum of Understanding with Enerhash USA LLC, “Enerhash USA”. The companies will work together on the feasibility and analysis for developing solutions to utilize stranded and flare gas resources in the USA for Bitcoin mining and High Performance Computing data centers.

Power plant optimization with data centers without initial investment: our framework for collaboration

Power plant optimization with data centers without initial investment: our framework for collaboration

Industry trends clearly outline that data centers have a bright future in power plant production, which we have already reported on in a previous blog post. By generating a stable base load, data centers have an enormous potential, providing power plants not only with an additional source of revenue, but also with an additional flexibility in production through the consumption of servers that they are free to set according to their needs.

Alternatives to balance flexible energy production: energy storage units vs. data centers

Alternatives to balance flexible energy production: energy storage units vs. data centers

The biggest question regarding power plant operation is what to do with the power market regulation and with the available extra capacity? Current regulations provide plenty of reasons for a headache for operators, as the prices set by the system in the event of surplus production hinder profitable operation.