Blockchain is the most booming technology of our time, with implementation across various industries such as health care, supply chain management, games and entertainment, and so on.
They have the great ideology of making the world better for all communities by using blockchain technologies.
They invest by scaling the renewable power plants to a size optimal for balancing the capacity with the load generated in each region where their data centres will operate.
However, in the renewable energy industry, they haven’t paid any attention to the mid-sized plants that range from one to five megawatts.
In addition, they state that some areas face up to nine blackouts on average per year for an average of 6 hours.
All these problems provide Phaeton Energy with an opportunity to improve quality of life within local communities, as well as additional income streams. Several revenue streams can be generated from these renewable energy plants.
The initial sites are in Augusta and Mullewa and have been selected based on several factors, including access to high voltage overhead power lines.
As a result, we can expect to see more renewable energy power plants built to help green blockchain technologies and provide blackout-prone areas with power.
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