Enel Plans Power Sales to Miner of Cryptocurrency -Bloomberg
February 01 2018 - 4:57AM
Dow Jones News
--Enel SpA is in discussions with Swiss cryptocurrency company
Envion AG to sell it power from renewable-energy plants, unnamed
sources told Bloomberg.
--According to Bloomberg, Europe's largest utility is evaluating
the market for selling electricity to miners of digital currencies,
which require huge amounts of energy to power the calculations that
confirm transactions.
--A Bloomberg report said demand for electricity from bitcoin
miners had soared to 20.5 terawatt-hours a year at the end of
2017.
Full story: https://bloom.bg/2DSdJSi
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(END) Dow Jones Newswires
February 01, 2018 04:42 ET (09:42 GMT)
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