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❕NEWS Mechanicville Power Station to mine bitcoin with excess energy instead of selling them

Josemendez

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According to news gathered from Finbold , Mechanicville Power Station based in New York have announced that it will no longer sell it's excess energy but will use it in mining bitcoin.
Being asked about his stand on the environmental challenges associated with bitcoin mining , CEO Jim Besha says that they are using renewable energy and thus will not have to be bordered by that.
 
That's great to see. Our local station also generates excess energy, if our country legalizes crypto then it would open many doors of opportunities like this.
 
If they have difficulties in selling their electricity offshore then it is better to just it on mining but then again it is their power so it is their decision to what to do with it
 
That is really great for them. Using the excess energy to mine bitcoin is really great. I think it will be much more profitable than what they would get in selling it.
 
According to news gathered from Finbold , Mechanicville Power Station based in New York have announced that it will no longer sell it's excess energy but will use it in mining bitcoin.
Being asked about his stand on the environmental challenges associated with bitcoin mining , CEO Jim Besha says that they are using renewable energy and thus will not have to be bordered by that.
It's good that it's renewable energy. This will make the company profit a lot especially in coming years as Bitcoin prices go up
 
it's good they would be mining Bitcoin instead of selling it off ,if the amount they would gain from mining with the excess energy surpasses the amount of revenue to sell them ,I think then it's a. good bargain ,and they should involve in mining Bitcoin instead
 

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