Mechanicville Power Station (1897), a historic New York-based hydroelectric power station, started mining Bitcoin (BTC) with some of the power it produced.
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Albany Engineering Corp. According to CEO Jim Besha, the power plant built in 1897 is mining Bitcoin. Because mining is more profitable than selling electricity.
This move, which comes in an environment where Bitcoin’s carbon footprint is discussed, can be quite significant. As it will be remembered, Tesla announced that they suspended payment with Bitcoin due to environmental concerns.
According to Besha, the plant is not interested in the controversy as it uses renewable energy.
“This is the best type of Bitcoin mining because we use renewable energy”
A bill was drafted in New York that would ban Bitcoin mining due to environmental concerns. Considering that the plant uses renewable energy sources, it remains unclear how the bill will affect the Bitcoin mining operations of the plant.