Bitcoin Over Electricity

Hosted by Dailymotion. For legal issues report at the Copyright Center, report us on DMC, or use the Instant Removal tool.

Bitcoin Over Electricity

B
Benzinga

50 Views • Sep 01, 2021

Description

Bitcoin (BTC-USD) mining is more profitable than selling electricity to the national grid, according to the CEO of the world's oldest power facility, the Mechanicville hydroelectric power plant. Despite the cryptocurrency being down 3% on the day at press time, Bitcoin mining is three times more profitable than supplying electricity.