Enersponse and Hiveon Unite to Improve Energy Management and Sustainability Within the Crypto-Mining Sector
July 18 2024 - 12:00PM
Business Wire
Leading DER Provider Partners with Premier HPC
Management Firm to Deliver Advanced Energy Solutions that Optimize
Energy Consumption, Cut Costs, Support Decarbonization and Enhance
Grid Stability
Enersponse, a leading distributed energy resource management
(DERMs) provider, today announced it has teamed up with Hiveon to
offer crypto industry turnkey access to Hiveon Enterprise platform
and Enersponse’s automated and fully customizable demand response
(DR) programs for a more sustainable, strategic and tailored
approach to energy management.
As an emerging sector characterized by its power-intensive
processes such as cryptographic hashing and blockchain validation,
the crypto-mining industry faces significant challenges in managing
energy consumption efficiently while maintaining profitability and
minimizing impact on the grid. This new partnership provides an
automated and seamless solution to this hurdle by integrating
Enersponse’s sophisticated DR solutions into Hiveon’s
high-performance computing (HPC) management platform—enabling
crypto-miners to make more cost-effective energy management
decisions while contributing to decarbonization efforts and
supporting a more reliable power grid.
“With Enersponse’s strong commitment to providing completely
customized solutions that meet our customers’ core operational
needs without sacrificing performance, integrating our advanced
DERMs platform with Hiveon’s leading HPC management solutions was a
natural fit,” said James McPhail, chief executive officer of
Enersponse. “This synergetic partnership will offer crypto-miners
tailored DR solutions that enhance operational efficiency, reduce
costs and generate new revenue streams through financial
incentives. It also promotes significant energy conservation,
making it a highly rewarding venture for our customers and the
entire crypto sector.”
Hiveon offers a comprehensive suite of solutions designed to
enhance operations and maximize profits for enterprise-scale
crypto-mining companies by addressing common industry-related
complexities such as market fluctuations, hardware instability and
human error. By monitoring weather patterns, system outages and
energy pricing fluctuations, the integration of Enersponse’s
customizable solutions can automatically adjust power utilization
in real-time based on pre-set client preferences without the need
for human intervention. This offers a simple, convenient and
tailored way for Hiveon customers to optimize their energy
consumption and easily access utility rebates and other financial
incentives—all without compromising the unique requirements of
crypto-mining operations.
"Our innovative solutions are designed to bridge the gap between
financial and operational performance within the crypto sector by
emphasizing unparalleled efficiency and future-ready data
utilization—a mission that is perfectly aligned with what
Enersponse brings to the table,” added James Jewell, chief
executive officer at Hiveon Enterprise. "Integrating Enersponse's
advanced DR solutions into our HPC management platform will provide
sustainable and cutting-edge pathways for crypto-miners to unlock
new levels of operational efficiency and profitability.”
To benefit from this partnership, Hiveon customers simply need
to agree to participate—Enersponse does all the legwork. This
convenient, integrated power reduction solution saves energy and
money while stabilizing the grid and reducing greenhouse gas
emissions in the crypto sector.
To enroll or learn more, visit: www.enersponse.com and
https://hiveon.com/enterprise/.
About Enersponse: Enersponse is an energy resource
management platform that works with power providers across the
country to aggregate their distributed energy resource (DER) and
rebate programs with clients across the U.S. to maximize financial
incentives by automating load reduction responses. This process
helps providers maintain a stable grid; saves customers money;
earns them passive income through rebates from utilities; and helps
achieve corporate social responsibility objectives. The company’s
intelligent automation-powered distributed energy resource platform
is connected to hundreds of power generators across North America,
all dispatchable to customers’ existing control systems.
Enersponse’s advanced technology keeps track of what’s happening
down to a micro-locational level—even for large enterprises with
facilities distributed across multiple power grid providers— by
monitoring weather patterns, system outages and energy pricing
fluctuations. It then syncs the data collected with pre-set client
preferences to intelligently adjust power use in real-time without
the need for human intervention. This means less stress on internal
resources and an automated one-stop-shop solution for consolidating
all available energy conservation programs to maximize cost
savings—ultimately paying customers and their control companies to
save power.
About Hiveon Enterprise Hiveon Enterprise is a
profit-focused HPC management platform designed for
enterprise-scale mining companies. It offers a suite of solutions
to enhance operational efficiency and maximize profits, including a
comprehensive data platform, AI insights, energy programs and
advanced technical support.
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