Russia’s largest power grid operator Rosseti to support Bitcoin mining
Rosseti, the largest state-backed power grid operator in Russia, plans to support Bitcoin mining by utilizing some of its underloaded power centers. According to Russia’s state news agency TASS, Rosseti views the initiative as an opportunity to maximize unused energy capacity while driving additional revenue streams. A translated statement cited in the report states: “The […]
Bitcoin mining saved Texas $18B, boosted grid stability
BTC mining aids Texas’ grid stability, cutting $18 billion in costs by replacing gas peaker plants with efficient demand response. Source link
Swiss lawmakers to study Bitcoin for power grid upgrade
Swiss policymaker Samuel Kullmann secured a sweeping majority vote for a Bitcoin mining study aimed at optimizing local power infrastructure. According to Bitcoin (BTC) advocate Dennis Porter, Kullmann’s proposal passed on Nov. 28 and could steer Switzerland toward BTC adoption. The Bitcoin policy will now explore how the world’s largest decentralized proof-of-work blockchain can stabilize […]
