Solar Power Drives Bitcoin Mining Profit – Bitcoin Magazine

Solar Power Drives Bitcoin Mining Profit – Bitcoin Magazine

  • Bitcoin
  • September 2, 2022
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This is an opinion editorial by Ali Chehrehsaz, a mechanical engineer with 16 years of experience in the energy industry.

This article will outline how collecting solar energy and storing it can provide a powerful dynamic for bitcoin mining operations by outlining that:

  • Hybrid power plants that pair electrical generation, especially solar, with batteries are growing rapidly
  • Bitcoin mining will be incorporated in these plants alongside batteries, for the same reasons
  • Incorporating bitcoin mining as well as batteries requires proper sizing of deployed assets, and also splitting energy between batteries, mining and the grid in a way that optimizes revenue
  • The path forward will not be technically or commercially simple, but the opportunity is massive

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