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UK Researchers Propose Using Curtailed Scottish Wind Power for Bitcoin Mining
(16 hours ago) · 1 source · Summarized by CryptoBipto
A proposal suggests that Britain could use excess wind energy from Scotland that currently goes to waste for Bitcoin mining. The idea aims to reduce the estimated $1.3 billion annual cost of managing grid constraints. The concept would repurpose curtailed renewable energy rather than letting it go unused.
WHY IT MATTERS
When wind farms produce more electricity than the power grid can carry, that energy is essentially thrown away, and consumers still pay for it.
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SOURCES
- coindesk.com
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