Features News Daily TheBitTimes.com

In a massive move for the company, Amazon (AMZN) has announced an investment in nuclear energy, following a similar action taken by industry behemoth Alphabet (GOOGL). Indeed, an investment that would’ve been unheard of decades ago is being embraced by two of the biggest stocks on the market. Amazon Web Service announced that it has invested in three nuclear energy projects. Specifically, a press release stated the company has signed agreements to address the ever-changing demands within the energy sector. The company’s goal is to eventually reach net-zero carbon. Source: Think Marketing Magazine Also Read: US Stock: Amazon Eyes New Sector: Will It Help AMZN Spike To $265? Amazon Follows Alphabet in New Nuclear Energy Investment The Magnificent Seven stocks bear the name for a reason. Indeed, these companies represent some of the strongest brands throughout the entire stock market. Moreover, they boast immense power as they compete in some of the most vital industries. One s...

Bitcoin mining lands another green energy data center as global powerhouse GDA sets up shop in Sweden. Sweden has welcomed a hydro-powered Bitcoin (BTC) mining data center.  Genesis Digital Assets Limited (GDA), a mining and data center company with over 400 MW of power generation worldwide has made a opened a new data center in Sweden, driven by the country's burgeoning renewable energy surplus. The new operation is located in the far North of Sweden, where hydroelectric power dominates the grid.  Abdumalik Mirakhmedov, executive president and fouder of GDA, told Cointelegraph that the new data center is located near the Porjus Hydroelectric Power Station: “Given the proximity to the hydroelectric power station, we expect all of our electricity consumption to be powered by renewable energy.” The total capacity of the data center is approximately 8 MW and is expected to result in a hash rate of approximately 155 PH/s (peta hashes per second). GDA explained to Cointelegraph tha...