Matla a Matala a Mangata: Merafo ea Crypto e Boloka Setsi sa Matla a Hydro naheng ea Costa Rica

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Labone, Pherekhong 12, 2022 2:11 PM

Matla a Matala a Mangata: Merafo ea Crypto e Boloka Setsi sa Matla a Hydro naheng ea Costa Rica

Green energy powers most of Bitcoin mining and the world might as well face it. And the rest of the cryptocurrencies that use Proof-Of-Work might be right behind, because they follow the same incentives. In their quest for cheaper energy sources, they all reach the same conclusion. Humanity is wasting renewable energy all over the world. And wasted energy is the cheapest of them all. 

In today’s story, a hydropower plant that had to pause operations for nine months found cryptocurrency mining and got the dream client they needed. Reuters gives us the prelude to the story:

"Setsi sena se ile sa qobelloa ho iketsetsa bocha kamora lilemo tse 30 hobane mmuso o ile oa emisa ho reka motlakase nakong ea seoa ka lebaka la phepelo ea motlakase e ngata naheng ea Amerika Bohareng, moo mmuso o nang le matla a ho tsamaisa matla."

How much green energy does a country has to have to just stop buying from a clean hydro plant? Well, according to hydropower.org: 

"Bofelong ba 2016, Costa Rica e fihletse kakaretso ea matla a fehlang a metsi a 2.12 GW. Naha e ile ea laola lihlooho tsa litaba bakeng sa selemo sa bobeli se latellanang, ea fumana karolo ea 100 lekholong ea tlhahiso ea motlakase o ka nchafatsoang ka matsatsi a 271.

Hlooho e 'ngoe le e' ngoe e buang le bo-nkhono ba bona ba hasanya ESG FUD ka mecha ea litaba ea setso. 'Me seo se tšollela mecheng ea litaba tsa sechaba, moo bohle ba nang le bonnete ba hore merafo ea crypto e belisa maoatle. Ka lebaka leo, Eduardo Kooper, mong'a semela sena, o ne a belaela hore o tla tsamaea tseleng ea merafo ea crypto. Leha ho le joalo, ba ne ba tlameha feela ho kheloha. Ba ile ba leka likhoebo tse ling, tse kang ho etsa lijo tse hatselitsoeng, ’me ha ho le e ’ngoe ea tsona e sebetsang. Ho ne ho se kgetho e nngwe.

"Qalong ke ne ke belaela haholo, empa re bone hore khoebo ena e sebelisa matla a mangata 'me re na le ba bang."

K’hamphani e fehlang motlakase ka metsi, e nang le lifeme tsa eona tse tharo tsa boleng ba liranta tse limilione tse 13.5 le matla a Megawatt tse tharo, e ile ea tsetela $500,000 XNUMX bakeng sa ho sebelisa lik’homphieutha tsa merafo tsa digital.”

Why would miners move their operation to a hydro plant, though? Wouldn’t it be more comfortable doing it at home? They are heavily incentivized to look for the cheapest energy possible, that’s why. And green energy is renewable. Coal is not. The Reuters report quotes one of the hydropower plant’s satisfied customers:

“Installing it in this place is much more profitable than at home,” at almost half the cost, he calculated, after connecting his computer to the network at the river-powered plant.”

Khoebo ke khoebo.

We at NewsBTC have been telling you this. Bitcoin mining incentivizes the creation of green energy infrastructure. And it can finance green energy plants already in place. Mining provides both a buyer of first resort and a buyer of last resort. Three months ago, we wrote:

“A whitepaper by the Bitcoin Clean Energy Initiative from earlier this year had explained how bitcoin mining, when using renewable energy, “is especially suited to accelerate the energy transition” towards a cleaner electricity grid.”

And two months ago, in an article on how Bitcoin mining is helping the Navajo Nation in more ways than one, we told you:

“Ha lefatše le ntse le leka ho felisa matla a mashala, Manavajo a qapa mekhoa e mecha e le hore a tsamaellane le mehla. Ho ea ka Walter Hasse, mopresidente oa Navajo Tribal Utility Authority, "Ke ne ke e-na le motlakase o feteletseng oo ke neng ke ntse ke tlameha ho o lefella le ho sebetsana le oona. Joale, ke batla ho aha matla a ka nchafatsoang ho nkela mehloli ea ka ea mashala e lahlehileng e leng teng naheng ka bophara. Ke hloka motho ea ka sebelisang matla ao a ka nchafatsoang. ”

Le ka Bitcoin mining, they have that buyer. And now, the other PoW cryptocurrencies can follow Bitcoin’s example. In Costa Rica, the other side of the world, a power station manager reaches the same conclusion as the  Navajo Tribal Utility Authority president. Quoting Reuters again:

"Kooper o itse basebetsi ba morafong ba machaba ba lichelete tsa crypto ba batla matla a hloekileng, a theko e tlaase le khokahanyo e tsitsitseng ea inthanete, eo Costa Rica e nang le eona e ngata. Leha ho le joalo, o ile a re 'muso oa Costa Rica o lokela ho ba mabifi ho leka ho hohela khoebo ea merafo ea crypto, le hoja a sa fane ka lintlha tse tobileng.

Bopaki ba ho sebetsa morafong ke ntho e ntle bakeng sa polanete. E tla re lebisa bokamosong ba matla a matala boo batho ba lorang ka bona. Ke eona feela indasteri e ka etsang joalo. 'Me phetohelo e se e ntse e tsoela pele. 

Mohloli oa pele: LitabaBTC