Cryptocurrencies Mining Factories in Utilities Companies

in #bitcoin7 years ago

With the increased investment in Renewable Energies, mainly photovoltaic and wind energy, there has been an increased uncertainty in the power generation output;

In the other hand, the monetary system's paradigm is changing, and is well known the cryptocurrencies potential;

Since the “commodity” for mining is precisely electricity, why not to converge both technology, with mining hardware factories?

The utilities could optimize their revenue, creating digital money, when the generation output supersedes the consumption demand. There is also the added value of the tendency of this type of money to overtake the standard currencies worldwide.

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Hello!

It's higher consumption of energy might be a downside in a energy hungry world

Yes, but I am thinking about the Renewable Energy's excess output in some specific weather conditions. You can use that conditions to produce Cryptos...

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