The state of Pennsylvania, USA, approves the construction of Nova Energy's natural gas cryptocurrency mine
Nova Energy has obtained permission to build a natural gas-powered cryptocurrency mining data center in Frenchcreek, Pennsylvania. The permit is based on the approval of three lean-burn natural gas engines that will provide power for cryptocurrency mining. According to a United Nations study in 2023, natural gas accounts for 21% of the global energy source for Bitcoin mining operations, second only to coal (45%).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Multiple U.S. hedge funds reduced holdings in the "Tech Magnificent Seven" in Q3
DCR is currently priced at $37.04, up 10.6% in the past 24 hours.
STRK surpasses $0.23, up 29.3% in 24 hours
Trending news
MoreCrypto prices
More
