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Big business…

New York power plant Greenidge Generation has truly got it all figured out, using the excess energy it generates to mine Bitcoins to invest back into the establishment.

The power plant has realised that as natural gas is impossible to store, it has to be used immediately. Capitalising upon this, it uses the excess natural gas it generates to mine Bitcoins, powering 7,000 systems to mine the currency all at once, making approximately 5.5BTC – which is roughly $45,000 USD every day.

The cycle seems to be perfect, as excess energy isn’t wasted but instead used to supply the large amounts required by crypto mining, helping the company maximise profits and create more jobs and tax revenue.