Veritone Wins Microgrid Modeling Contract for U.S. Cryptocurrency Mining Project
(NASDAQ: VERI), the creator of the worlds first operating system for artificial intelligence, aiWARE , today announced a new project with a leading microgrid developer to model the clean energy supply needs for a new U.S cryptocurrency mining project within Texas.
- (NASDAQ: VERI), the creator of the worlds first operating system for artificial intelligence, aiWARE , today announced a new project with a leading microgrid developer to model the clean energy supply needs for a new U.S cryptocurrency mining project within Texas.
- Veritones AI-powered energy solutions enable independent power producers and microgrid developers to more accurately model and predict mining data center energy supply needs.
- The new contract calls for modeling and simulation of the energy sources required to optimally dispatch 1,000 mW of clean, continuous, and reliable power for crypto mining.
- This hybrid microgrid / utility grid combination ensures 24x7 continuous operation, with Veritone ensuring supply and demand are always in balance.