Visiting a Bitcoin Mining Site in Gunma, Japan
11.2k sats \ 10 comments \ @chungkingexpress 26 Sep bitcoin
I had the awesome chance to visit a Bitcoin mining site in Gunma, Japan operated by Agile Energy X, a subsidiary of TEPCO Power Grid.
Agile Energy X is led by Kenji Tateiwa and is utilising 50KW of solar that would otherwise be wasted as the site is currently awaiting grid upgrade and connection. The Bitcoin mine is highly modular and scalable and can be moved to another location once the grid upgrade is completed!
The site is operated by TEPCO Renewable & Power, a major utility provider. I think this is a big step forward for broader engagement with power generators about how Bitcoin can help the grid and for understanding the opportunity to participate in this new monetary network.
I think there is a lot to share about the power of Bitcoin mining to act as both a load balancing and grid stabilisation tool, as well as helping with the ROI and financial planning of new generation assets.
I tagged along with Mark and Robert at OCEAN and learned a whole lot about their mission to further decentralise the Bitcoin mining ecosystem, as well as the legendary Luke Dashjr who has played a pivotal role in the security and decentralisation of Bitcoin mining.
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0 sats \ 1 reply \ @User21000000 22h
That would have been a great experience! What was the best moment of the trip?
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0 sats \ 0 replies \ @chungkingexpress OP 21h
It was a bullet train ride to get out there from Tokyo, so we had some awesome conversations on the way about Ocean's mission and the importance of miner decentralisation.
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0 sats \ 1 reply \ @BlokchainB 26 Sep
Def cool. Ole reliable S9.
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47 sats \ 0 replies \ @chungkingexpress OP 26 Sep
They are tanks.
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0 sats \ 1 reply \ @OT 26 Sep
What machines are they using? S19's?
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132 sats \ 0 replies \ @chungkingexpress OP 26 Sep
Old recycled S9s at this particular site I believe. A great recycling of e-waste and repurposing of old machines.
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0 sats \ 3 replies \ @Satosora 26 Sep
Interesting design that it is movable.
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0 sats \ 2 replies \ @chungkingexpress OP 26 Sep
Yes easily movable, once the solar farm is connected to the grid they can pick it up and take it to the next site.
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0 sats \ 1 reply \ @Satosora 26 Sep
That makes it very efficient. Im surprised the Japanese government doesnt care.
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0 sats \ 0 replies \ @Chris_ 26 Sep
Why would the Japanese government care? It's a subsidiary of TEPCO, so all the accounting would be above-board, i.e. taxable.
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