Bitcoin miners, by contrast, can be installed on even the remotest site, and connected to the Bitcoin blockchain wirelessly. As bitcoin adoption continues to grow, this has the potential to radically upend the logic of energy generation, including the utilization rate of “stranded energy” like El Salvador’s remote volcanoes, wasted outputs like the methane flares produced by natural gas mining or unneeded energy from off-peak wind or hydroelectric generation.
Related posts
-
Senator Lummis wants to replenish Bitcoin reserves with gold
Republican Senator Cynthia Lummis says converting gold reserves into Bitcoin could strengthen the U.S. government’s finances.... -
Cipher Mining: Will It Be Another Standout Bitcoin Miner This Cycle?
Dive into Cipher Mining’s Q3 2024 performance. From revenue challenges to strategic investment in fleet upgrades,... -
Bitcoin Funding Rates Surge 20% On Major Exchanges — What’s Happening?
The price of Bitcoin picked up this week from where it left off in the previous...