Sioux Energy Center Has Been Secretly Mining 20 Bitcoin Since April - Exclusive.

Sioux Energy Center Has Been Secretly Mining 20 Bitcoin Since April - Exclusive.

2021-10-28 | Eddy Morgan

Sioux Energy Center Has Been Secretly Mining 20 Bitcoin Since April - Exclusive.

Ameren Corporation, a power company based in West Alton, Missouri, revealed on Monday that it had successfully mined more than 20 Bitcoin (BTC) using the additional energy produced by one of its coal-fired power plants, the Sioux Energy Center. The corporation did not officially acknowledge the addition of a data center used to mine cryptocurrency until Monday. To fulfill the required work-based mining operations, the half-megawatt mining plant feeds into the Sioux Energy Center's 972 MW production capacity. Ameren's purpose in creating a business appears to be to reverse the downward trend in power generation in the electrical industry and to provide the corporation with a new source of revenue. The power plant was claimed to be running at only 17 percent of its complete capacity when mining began in April. Following the announcement, the company's environmental impact was immediately questioned. In February, a coalition of three environmental groups - the Waterkeeper Alliance, the Missouri Confluence Waterkeeper, and the Great Rivers Environmental Law Center - announced that it intended to sue the company for violating the Federal Clean Water Act. "They (Ameren) have reacted, and we're weighing our alternatives," Bruce Morris of the Great Rivers Environmental Law Center said. The Sioux Energy Complex, which resides on farms near the Mississippi River's banks, is suspected of storing about 3 million tonnes of coal ash in an unloading pit. Environmentalists have previously encouraged managers at the Sioux Energy Complex to remove coal-burning ash, but progress appeared to be slow. Ashtracker, the Energy Integrity Project's energy pollution-reporting data-pollution site, also found that 15 of the 29 water sources near the facility were polluted with molybdenum, boron, sulphate, lithium, and cobalt levels exceeding federally recommended thresholds. Although the service completed a $ 600 million plan that improved the industry with the latest environmental controls back in 2010, the operation of Ameren's mines seems to contradict many industry ideas about how space companies should deal with their environment.  From Elon Musk to the crypto derivatives trading platform BitMEX, everyone has committed to do their share to make the mines as resource and energy-efficient as possible. The utilization of carbon-neutral energy sources, according to Sam Tabar, chief strategy officer of Bitcoin miner BitDigital, is part of creating sustainable processes and lowering the industry's environmental impact.

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