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Using AI to Shrink Crypto’s Carbon Footprint
Global Bitcoin mining currently consumes 7X more energy than Google. As one of the dirtiest industries, artificial intelligence has the capability to help green crypto mining so that companies can continue to grow the industry while staying more environmentally friendly. But to get there is easier said than done.
Learn how Amshore used Veritone AI energy solutions to plan the best microgrid configuration for their clients.
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Only AI-based solutions can help microgrid developers achieve the best configuration and plan ahead by letting AI:
The Challenges of Designing Microgrids for Emerging Industries
Run thousands of different simulations
Combe historic & real-time weather, load, and consumption data with equipment specs for detailed forecasts
Surface how design decisions impact feasibility, cost,
and ROI for each configuration
Reveal the trade-offs between cost, grid independence, and reliability
Outline the best options for each unique project
It’s amazing that a machine can do in minutes what normally takes human engineers weeks to do. These forecasts and simulations are bankable, which allows us to develop sustainable microgrid projects with much greater confidence.
Senior Vice President of Energy, Veritone