Coal Fired Power Station Given New Lease of Life By Crypto Company

Coal fired power station given new lease of life.

I am Captain Pollution, by your polluting powers combined.

Cryptocurrencies are bad for the environment.

Mining can use a lot of energy.

The continent needs to ban Bitcoin mining for Europe to meet the Paris climate change goals.

These impacts feel a little detached from the actual act of mining.

A crypto company has single handedly brought an almost obsolete coal plant back into production.

We don’t often see that.

The coal plant was initially set to close back in 2018.

In 2020 the plant was only operated for 46 days in the entire year.

While operating near full capacity it was producing 34 Bitcoins on one day and emitted 206,000 tons of CO2 during that quarter.