• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Agile Energy X Uses Surplus Green Energy for Bitcoin Mining in Japan

user avatar

by Giorgi Kostiuk

10 months ago


  1. Start of Bitcoin Mining
  2. Surplus Energy Issue in Japan
  3. Future Plans

  4. Agile Energy X, a subsidiary of Tokyo Electric Power Company Holdings, has started using surplus green energy for Bitcoin mining in Tochigi and Gunma prefectures.

    Start of Bitcoin Mining

    Agile Energy X has set up mining equipment in the Tochigi and Gunma prefectures. It focuses on locations where it is possible to utilize excess renewable energy.

    Surplus Energy Issue in Japan

    Kyushu frequently deals with untapped electricity generated from renewable energy sources. According to a 2021 report, the equivalent of several nuclear reactors' worth of generating capacity could be wasted within a day. Output controls require generating firms to stop producing additional output during periods of waning demand, which means they have to discard surplus electricity. Kyushu started dealing with such measures in October 2018, leading to 74 days of output controls the following year. Other regions in Japan, such as Shikoku and Hokkaido, have faced similar problems. Last year, 1,920 gigawatt-hours of power were affected by output controls.

    Future Plans

    Currently, coal remains a key part of Japan's energy mix. However, as the country transitions to renewable energy, the amount of wasted power is expected to increase. It is estimated that up to $2.5 billion worth of Bitcoin could be mined annually by utilizing 10% of the wasted power.

    Agile Energy X views the use of surplus renewable energy for Bitcoin mining as a promising solution to the problem of untapped power in Japan.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

New Opportunities in the Meme Cryptocurrency Market: Troller Cat Gaining Popularity

chest

Exploring the rise of Troller Cat amid shifts in meme cryptocurrencies and the current status of Shiba Inu and Pepe.

user avatarGiorgi Kostiuk

Bit Digital Makes $67.3 Million Ethereum Purchase, Strengthening Its Holdings

chest

Bit Digital invests $67.3 million in Ethereum, raising total holdings to nearly 120,306 coins.

user avatarGiorgi Kostiuk

Block Inc. Joins S&P 500, Replacing Hess Corp.

chest

Block Inc. will replace Hess Corp. in the S&P 500, potentially impacting Bitcoin's acceptance by institutional investors.

user avatarGiorgi Kostiuk

XRP Sets New Record Following Legislative Changes

chest

XRP hit $3.66, surpassing previous records due to increased investor interest and the expected signing of the GENIUS Act.

user avatarGiorgi Kostiuk

MEI Pharma and Litecoin: New $100 Million Treasury Strategy

chest

MEI Pharma has announced a $100 million treasury strategy with Litecoin, led by Litecoin creator Charlie Lee. Market reaction was volatile.

user avatarGiorgi Kostiuk

Merkel Urges for a Cohesive EU Response to US Tariffs

chest

Merkel calls for EU unity in response to US tariffs that may disrupt trade chains.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.