Bitcoin mining takes advantage of fluctuating power: Page 2 of 2

February 17, 2021 //By Nick Flaherty
Bitcoin mining takes advantage of fluctuating power
Cryptocurrency Mining as a Service (CMaaS) from startup DPO can make use of fluctuating energy demands and make money for power generators from bitcoin
use any type of power plant, solar array, electrical grid or wind farm depending on power production profile, regulatory dynamics, and associated energy costs.

This even works as the cost of bitcoin falls as the cost of the energy is so much lower and less miners in the market means the bitcoins mined are shared among a smaller group.

“The DPO model harms no one and makes the overall process of producing and transmitting power and energy at profitable prices easier to manage and more carbon efficient,” said Webber, who previously worked as a banker for Goldman Sachs.

He is now looking for energy partners to install and use the CMaaS service.

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