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How to Optimize Power Consumption in Battery-Powered IoT Devices Using Microcontrollers?

I'm currently working on a battery-powered IoT project and I'm using a microcontroller (specifically the [insert your microcontroller model here]). I want to optimize the power consumption to extend the battery life as much as possible. What are some best practices or techniques for reducing power usage in microcontroller-based IoT devices? Are there specific low-power modes or configurations that I should consider? Additionally, how can I efficiently manage sensor readings and wireless communication to minimize energy consumption?

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