Auradine has partnered with CPower and Voltus to enhance Bitcoin mining efficiency using its EnergyTune technology.
Auradine, a Silicon Valley-based Bitcoin mining hardware manufacturer, has formed strategic partnerships with energy companies CPower and Voltus, as reported by Bitcoin News. The collaboration aims to improve Bitcoin mining efficiency by leveraging Auradine's proprietary EnergyTune technology, which optimizes energy consumption to bolster mining productivity and grid stability.
Rajiv Khemani, co-founder and CEO of Auradine, expressed the synergy between the partnering firms, saying, "When we learned about CPower and Voltus, we felt that these companies have very aligned missions with us. So, we thought that a strategic partnership with them was very critical."
At the core of this alliance is Auradine’s EnergyTune technology, a patent-pending innovation that enables Bitcoin miners to adjust their energy usage in response to real-time grid demand. This flexibility allows for a reduction in energy consumption during periods of peak demand and an increase in production when excess energy is available.
Auradine boasts ownership of the full technology stack, including firmware, software, and hardware. Khemani highlights, "Our EnergyTune technology swiftly empowers miners to adjust their energy consumption based on real-time grid needs, enhancing operational efficiency and grid stability. This collaboration underscores our dedication to nurturing sustainable practices."
Neil Lakin, Voltus’s Chief Technology Officer, remarked on the partnership, "We are pleased to have Auradine as our first direct OEM partner. This partnership provides our current and future customers an integration to accurately and quickly respond to grid events."
Beyond Bitcoin mining, Auradine is broadening its scope to encompass generative AI applications. In April, the company raised $80 million in Series B funding, aiming to scale operations and diversify its product offerings.
