Re:The Kingdom of Bhutan Has Been Quietly Mining Bitcoin for...
by acdha on Monday May 01, 2023 @09:37PM
(#35782082)
That’s already setup: they export something like ¾ of the electricity they produce to India. I suspect this is either trying to get higher rates or possibly challenges related to their seasonal hydropower issues – if India is building more capacity for the times when the water levels are too low, the long-term rates aren’t going to be going up.
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Re:The Kingdom of Bhutan Has Been Quietly Mining Bitcoin for...
by NBJack on Monday May 01, 2023 @10:18PM
(#35782484)
I also speculate they have gotten all they can out of the arrangement. Or it just isn't as economically lucrative as holding back some of that power as a speculative bet on the future.