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{"id":3336,"date":"2022-04-09T15:00:21","date_gmt":"2022-04-09T15:00:21","guid":{"rendered":"https:\/\/scienceandnerds.com\/2022\/04\/09\/block-and-blockstream-are-partnering-with-tesla-on-an-off-grid-solar-powered-bitcoin-mine-in-texas\/"},"modified":"2022-04-09T15:00:22","modified_gmt":"2022-04-09T15:00:22","slug":"block-and-blockstream-are-partnering-with-tesla-on-an-off-grid-solar-powered-bitcoin-mine-in-texas","status":"publish","type":"post","link":"https:\/\/scienceandnerds.com\/2022\/04\/09\/block-and-blockstream-are-partnering-with-tesla-on-an-off-grid-solar-powered-bitcoin-mine-in-texas\/","title":{"rendered":"Block and Blockstream are partnering with Tesla on an off-grid, solar-powered Bitcoin mine in Texas"},"content":{"rendered":"

Source: https:\/\/www.theverge.com\/2022\/4\/8\/23016553\/block-blockstream-tesla-solar-bitcoin-mine-texas<\/a>
\n
<\/br><\/code><\/p>\n

\n

Block and Blockstream, a company that makes Bitcoin infrastructure, are partnering with Tesla on an open-source, solar-powered Bitcoin mine, the companies announced Friday. Tesla\u2019s 3.8-megawatt Solar PV array and its 12 megawatt-hour Megapack will power the facility, and construction has started on the project.<\/p>\n

\u201cWe\u02bcre excited to start the construction of this facility using Tesla Solar and Megapack,\u201d Adam Back, CEO and co-founder of Blockstream, said in a press release<\/a>. \u201cThis is a step to proving our thesis that Bitcoin mining can fund zero-emission power infrastructure and build economic growth for the future.\u201d <\/p>\n

The goal is for the facility to be completed \u201clater this year.\u201d When it\u2019s running, there will be a publicly available dashboard showing \u201creal-time metrics of the project\u02bcs performance, including power output and Bitcoin mined.\u201d The plan is for the dashboard to be available \u201c24\/7 from any browser, providing the industry with a real-world, real-time case study of a zero-emission energy Bitcoin mine.\u201d<\/p>\n

\u201cPeople like to debate about the different factors to do with Bitcoin mining,\u201d Back said in an interview with CNBC<\/a>. \u201cWe figured, let\u2019s just prove it. Have an open dashboard so people can play along, maybe it can inform other players to participate.\u201d<\/p>\n

Blockstream and Block (formerly Square<\/a>) first announced in June<\/a> that they planned to build the facility.<\/p>\n<\/div>\n


<\/br><\/code><\/p>\n

Source: https:\/\/www.theverge.com\/2022\/4\/8\/23016553\/block-blockstream-tesla-solar-bitcoin-mine-texas<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Source: Block and Blockstream, a company that makes Bitcoin infrastructure, are partnering with Tesla on an open-source, solar-powered Bitcoin mine, the companies announced Friday. 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