Japanese company to use solar power for minning cryptocurrency?

Hello Beautiful steemians, how are you guys today ? Thanks for the love and support!

Kumamoto Energy is a local power producer and supplier from Japan Kumamoto City, Kumamoto Energy has recently announced that they will be utilizing solar power for mining cryptocurrencies.

Means free bitcoins ? lol i only if i had enough money to set up solar system for mining cryptos

On 20th February 2018, Kumamoto-Energy Co Ltd made an announcement that it has established a new company called OZ Mining’ in late 2017 they will be using extra energy they create on their solar farm will now be spent on mining cryptos.

OZ Mining buys electricity from them at the exchange rate of ¥10-19/kWh, but it can also depend on multiple factors such as supply area.

Kumamoto Energy also produces and sells elaborate systems which are efficient for cryptocurrency mining, not sure what this part exactly means?

The most difficult part of the whole mining process is that it takes requires huge amounts of electrical power and complex and efficient computer systems.

It is predicted that when crypto mining industry will reach its peak with exponential growth, much of the earth’s power resources will be on the verge of exhaustion.

Well i think this company will moon check if they have shares online, start buying them asap.

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