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The historic Valstagna power plant is around a century old and used to supply energy to the local steel industry. Its origins can be traced to the early s, when talk of electronic money created not from any physical value base but instead from proof of work concepts started to emerge. What It Measures, Verification, and Example Block time, in the context of cryptocurrency, is the average amount of time it takes for a new block to be added to a blockchain. With a distributed energy resource management system DERMS , massive server operations can be grouped to respond to demand flexibility needs.