Tesla, Block and Blockstream to Mine Bitcoin Using Solar Power

Jack Dorsey’s Block and Blockstream, a company that makes Bitcoin infrastructure is partnering with the electric car manufacturing giant Tesla to mine Bitcoin (BTC) using solar power in Texas. Tesla’s 3.8 megawatts solar PV array and 12 megawatt-hours Megapack will power the mining facility. Solar-Powered Bitcoin Mining The West Texas-based bitcoin mine will use solar and storage technology from Tesla, Blockstream announced Friday. We're excited to share our collaborative effort with @Blocks to build a fully solar-powered #BitcoinMining facility has begun.@Tesla photovoltaics & Megapack will power the 30 PH/s facility, aiming to show the world 100% zero-emission #Bitcoin mining at scale is viable. ☀️🔋 pic.twitter.com/C1YVyn5ktS — Blockstream (@Blockstream) April 8, 2022 Dorsey’s Block initially hinted at the deal in June last year when it announced it would invest $5 million in a solar-powered mine built in partnership with Blockstream. The solar mining operation will use Tesla photovoltaics and Megapack battery equipment to run entirely on renewable energy. The 3.8 megawatts (MW) Tesla solar array and 12 megawatt-hours (MWh) battery will generate 30 petahashes per second of mining power. Reportedly, the data about the mine, including its energy consumption and hash rate, will be publicly available in a dashboard. A later version of the dashboard will also include solar and storage performance data points. Elon Musk Wants Bit...