Crypto

Britain could turn wasted Scottish wind power into bitcoin to cut its $1.3 billion grid bill

Summary

A new report suggests that Britain might utilize bitcoin mining to capture excess wind energy from Scottish farms. This approach aims to minimize expensive curtailment payments made when generation must be stopped, potentially lowering overall grid costs.

Britain could use bitcoin mining to absorb surplus Scottish wind power and reduce payments to wind farms to halt generation, according to a Bitcoin Policy Institute report.

Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

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