The 1897 hydroelectric energy station brings in 3 occasions extra mining BTC than promoting electrical energy to the grid By Cointelegraph

Edith J. July 10, 2021 Trading On Margin Comments Off on The 1897 hydroelectric energy station brings in 3 occasions extra mining BTC than promoting electrical energy to the grid By Cointelegraph 83 Views

The hydroelectric energy station of 1897 brings in 3 occasions extra mining BTC than promoting electrical energy to the grid

The Mechanicville Hydroelectric Plant in New York, one of many oldest hydroelectric producing services in the US, now hosts (BTC) mining.

The plant is owned by Albany Engineering Corp (AEC), which was commissioned to revive it by the nationwide grid (LON 🙂 in 1986. Jim Besha Sr., CEO of AEC, Famous that cryptocurrency mining provides triple the revenue margins in comparison with reselling electrical energy to the grid: