Agile Energy X eyes $2.5 Billion BTC Earnings From Excess Green Energy

Agile Energy X, a subsidiary of Tokyo Electric Power Grid, is exploring the use of surplus renewable energy for Bitcoin mining by installing mining machines near solar farms in Japan's Gunma and Tochigi prefectures. Tests indicate that if Japan meets its goal of 50% renewable energy by 2050, utilizing just 10% of the projected 240,000 gigawatt-hours surplus could generate $2.5 billion in Bitcoin annually.

Source: Beincrypto