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2024-09-09 11:23:53

WealthSquadAce on Nostr: Japan's 🇯🇵 largest power company, TEPCO, has started mining Bitcoin using ...

Japan's 🇯🇵 largest power company, TEPCO, has started mining Bitcoin using excess renewable energy through its subsidiary, Agile Energy X. They use leftover energy from solar and wind farms that would otherwise go to waste. By doing this, they’re turning unused green energy into Bitcoin, helping reduce energy waste. This project could encourage more investments in clean energy, as it gives renewable energy producers a new way to make money. Similar projects are happening in other countries, like El Salvador 🇸🇻, where geothermal energy is used for Bitcoin mining. This shows that Bitcoin mining can be eco-friendly by using energy that would otherwise be wasted.

Read more here: https://bitcoinmagazine.com/business/japans-largest-power-company-tepco-is-mining-bitcoin-using-renewables

#Bitcoin #Economy #Energy #News #Japan #ElSalvador
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