The giant has agreed to terms with TRIPLE-1, a local rig firm.
The goal is to employ TRIPLE-1’s semiconductors to power decentralized data centers.
Tokyo Electric Power Grid (TEPCO), a Japanese utility company, is collaborating with TRIPLE-1. The goal is Bitcoin mining, and by extension, making use of the grid’s surplus of electricity. As a regional hardware producer, TRIPLE-1 is a household name.
During the 2012 earthquake and tsunami that hit the Fukushima area, the company’s nuclear reactors were damaged. Since then, it has been difficult for the corporation to regain its former momentum and prestige. It is said that it functioned without enough safeguards in place.
TEPCO is still Japan’s top utility provider after the accident. Its once-huge market valuation of 6 billion USD has fallen to less than 3 billion now.
Banking on Surplus Renewable Energy Sources
In September of 2022, TEPCO established a subsidiary named Agile Energy X to mine cryptocurrencies using the utilit
We współpracy z: https://thenewscrypto.com/japanese-power-behemoth-tepco-forays-into-crypto-mining-sector/
