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Agile Energy X, a subsidiary of Tokyo Electric Power Co. (TEPCO), is experimenting with bitcoin mining to prevent wasted renewable energy and encourage its adoption.
According to a report by Asahi Shimbun on Saturday, Agile Energy has installed bitcoin mining machines in Gunma and Tochigi prefectures, adjacent to solar farms. This initiative aims to utilize excess renewable energy capacity that would otherwise go to waste
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The Japanese are the best at making the most of everything they have. Now they use surplus renewable energy to mine bitcoin. We must follow their example.
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21 sats \ 1 reply \ @clarity 8 Sep
Yes, the generators get spun up and down during the cold and hot times for heat and AC, at night when the lights get shut off, etc, but the idea is to just leave the generators at 100% always, and when they’re not being used: mine Bitcoin. This would make the power grid more available when it’s needed in a pinch, and it takes energy to start and stop like that, I would assume
Try convincing a corporate leader in America to stick their neck out with “hey, you know that experimental bitcoin thing? Well, it can solve this problem here, which is not necessarily a problem but could be optimized better to be less wasteful.”
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Elon Musk
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