April 25, 2024

Hydroelectric power plant in the United States was busy mining bitcoin

New York's Mechanicville hydroelectric power station, built back in 1897, uses part of the generated energy for miningbitcoin.

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In the words of General Director AlbanuEngineering Corp. Jim Beshee, the power plant is getting bitcoin because it costs more money than the usual sale of excess energy, according to Timesunion.com.

In Beshi's words, he is not very good at talking aboutInecological nature of bitcoin mining, since electricity uses a recoverable source of energy. Mining for organization is an experimental treatment, since in this process they will operate the used servers.

His company recently received an historicstatus - it was added to the National Register of Historical Places of the USA. It is worth noting that due to the volatility of the market, the bitcoins obtained are immediately sold.

Albanу Engineering Corp.engaged in mining at the same time with the adoption in New York of a law prohibiting the production of bitcoin due to ecological problems. It is not clear whether this law will affect the mining of bitcoin with hydroelectricity, given that it uses replenished sources of energy.

According to the law, cryptocurrency miningConsumes more energy than, for example, the whole of Sweden. However, the supporters of bitcoin consider mining as an environmentally friendly activity, in the framework of which all the more

In addition, it is not clear from where such numbers appear, taking into account that bitcoin mining is scattered all over the world and is carried out by the most reliable companies, which are

Most of the mining takes place in the provinces of China with cheap electricity, however, this country blocked the supply of cryptocurrency,

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