A report from the Bitcoin Policy Institute proposes that Britain could use bitcoin mining to absorb excess Scottish wind power, potentially reducing the country's $1.3 billion grid bill. Britain pays wind farms to halt generation when the grid is already saturated with power, a costly practice known as 'constraint payments'.
Source
"Britain Taps Bitcoin to Reduce Wind Power Costs" — CoinDesk
This article is Bitcoincryptos' summary and analysis of reporting originally published by CoinDesk. Read the full original report at the link above.
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