{"id":137025,"date":"2024-09-10T11:00:28","date_gmt":"2024-09-10T08:00:28","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=137025"},"modified":"2024-09-09T20:06:55","modified_gmt":"2024-09-09T17:06:55","slug":"tokyo-firm-turns-to-bitcoin-mining-to-utilize-excess-solar-energy","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/tokyo-firm-turns-to-bitcoin-mining-to-utilize-excess-solar-energy\/","title":{"rendered":"Tokyo Firm Turns to Bitcoin Mining to Utilize Excess Solar Energy"},"content":{"rendered":"<p>Tokyo-based Agile Energy X is <strong><a href=\"https:\/\/www.asahi.com\/ajw\/articles\/15397216\" target=\"_blank\" rel=\"nofollow\">testing<\/a><\/strong> the use of surplus solar energy to fuel <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin<\/a><\/strong> mining operations. The company\u2019s president, Kenji Tateiwa, noted that success in this endeavor could lead to increased adoption of green energy, as reported by Asahi Shimbun on September 8.<\/p>\n<p>The initiative draws inspiration from Japan\u2019s \u201coutput control\u201d practices, which involve intentionally limiting renewable energy production to manage supply and demand or to meet transmission constraints.<\/p>\n<p>Agile Energy X has set up mining rigs near solar farms in Gunma and Tochigi prefectures to capture and use otherwise wasted energy.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/why-crypto-micropayments-are-essential-for-ais-financial-future\/\" title=\"Why Crypto Micropayments Are Essential for AI\u2019s Financial Future\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2023\/04\/artificial-intelligenceAI-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Why Crypto Micropayments Are Essential for AI\u2019s Financial Future<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>According to Asahi Shimbun, Japan experienced output control affecting 1,920 gigawatt-hours of power in 2023, equivalent to the annual consumption of approximately 450,000 households. Simulations by Agile Energy X suggest that if renewable energy were to constitute 50% of Japan\u2019s power supply, about 240,000 gigawatt-hours could be lost annually due to curtailment.<\/p>\n<p>The company estimates that utilizing 10% of this surplus energy for Bitcoin mining could yield around 360 billion Japanese yen (approximately $2.5 billion) in Bitcoin each year.<\/p>\n<p>Tateiwa suggested that if Bitcoin mining proves profitable, it could lead to greater investment in green energy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Tokyo Electric Power Company (Tepco) subsidiary is exploring Bitcoin mining as a way to utilize excess renewable energy.<\/p>\n","protected":false},"author":3,"featured_media":25406,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[],"class_list":["post-137025","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Tokyo Firm Turns to Bitcoin Mining to Utilize Excess Solar Energy<\/title>\n<meta name=\"description\" content=\"A Tokyo Electric Power Company (Tepco) subsidiary is exploring Bitcoin mining as a way to utilize excess renewable energy.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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