{"id":598495,"date":"2023-01-17T15:51:58","date_gmt":"2023-01-17T21:51:58","guid":{"rendered":"https:\/\/news.sellorbuyhomefast.com\/index.php\/2023\/01\/17\/green-bitcoin-mining-company-gets-tv-spot\/"},"modified":"2023-01-17T15:51:58","modified_gmt":"2023-01-17T21:51:58","slug":"green-bitcoin-mining-company-gets-tv-spot","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2023\/01\/17\/green-bitcoin-mining-company-gets-tv-spot\/","title":{"rendered":"Green Bitcoin Mining Company Gets TV Spot"},"content":{"rendered":"<div id=\"page\">\n<div id=\"content_box\">\n<header>\n<div>\n<p><img loading=\"lazy\" alt src=\"https:\/\/secure.gravatar.com\/avatar\/41169a86822e6585e2f87627f7d7ef3a?s=32&#038;d=mm&#038;r=g\"  height=\"32\" width=\"32\" decoding=\"async\"><\/p>\n<p><span><span>By <a href=\"https:\/\/fullycrypto.com\/author\/mahu_bs\" title=\"Posts by Mark Hunter\" rel=\"author\">Mark Hunter<\/a><\/span><\/span><\/p>\n<p><span><\/p>\n<p>1 day ago<span>Mon Jan 16 2023 11:31:01<\/span><\/p>\n<p><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n<\/header>\n<p><img loading=\"lazy\" width=\"1300\" height=\"890\" src=\"https:\/\/fullycrypto.com\/wp-content\/uploads\/2023\/01\/Green-Bitcoin-Mining-Company-Gets-TV-Spot.png\" alt=\"Green-Bitcoin-Mining-Company-Gets-TV-Spot\" decoding=\"async\" title data-layzr=\"https:\/\/fullycrypto.com\/wp-content\/uploads\/2023\/01\/Green-Bitcoin-Mining-Company-Gets-TV-Spot.png\">\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<div>\n<p><span><span>Reading Time: <\/span> <span>2<\/span> <span>minutes<\/span><\/span><\/p>\n<ul>\n<li aria-level=\"1\"><span>A manufacturing company that mines Bitcoin on the side has received a TV spot for its green credentials<\/span><\/li>\n<li aria-level=\"1\"><span>The German company uses excess solar energy and retains the heat generated by the ASIC miners<\/span><\/li>\n<li aria-level=\"1\"><span>The owner wants to expand his plan country-wide<\/span><\/li>\n<\/ul>\n<p><span>A German company that mines <\/span><a href=\"https:\/\/fullycrypto.com\/crypto-guides\/bitcoin-btc\"><span>Bitcoin<\/span><\/a><span> on the side has been featured in a news segment on a national news programme as an example of environmentally-friendly <\/span><a href=\"https:\/\/fullycrypto.com\/an-introduction-to-bitcoin-mining\"><span>Bitcoin mining<\/span><\/a><span>. Christian Kl\u00e4ger\u2019s company is best known in the Augsburg region for manufacturing spray cans, cosmetics and automotive parts, but it is his company\u2019s sideline that is drawing attention, and he wants to take his plan national.<\/span><\/p>\n<blockquote>\n<p dir=\"ltr\" lang=\"en\">GERMANY ????????:<a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> can stabilise the grid with renewable energy. \u2618\ufe0f????\u2618\ufe0f<\/p>\n<p><a href=\"https:\/\/t.co\/6t2WSnNAVE\">pic.twitter.com\/6t2WSnNAVE<\/a><\/p>\n<p>\u2014 Bitcoin Archive (@BTC_Archive) <a href=\"https:\/\/twitter.com\/BTC_Archive\/status\/1614649453004079104?ref_src=twsrc%5Etfw\">January 15, 2023<\/a><\/p>\n<\/blockquote>\n<h2><span>Mining With Excess Natural Energy<\/span><\/h2>\n<p><span>Kl\u00e4ger\u2019s approach is a multifaceted one. The roof of his factory is covered in solar panels which are used to power the manufacturing facilities, with any excess power sent to the Bitcoin Energy Lab and used by the ASIC miners held within it. This means that the plant itself never has to battle with the miners for energy, and the machines themselves never take energy from the power grid.<\/span><\/p>\n<p><span>When production is down, such as at weekends or during quiet periods, all the energy created by the panels goes towards Bitcoin mining. Kl\u00e4ger could sell this energy to the government, but the rate is much less than the reward he would get for mining bitcoin. The company also makes use of the heat generated by the machines \u2013 it is stored in the company\u2019s boiler and used for heating purposes.<\/span><\/p>\n<h2><span>Kl\u00e4ger Wants to Go National<\/span><\/h2>\n<p><span>Kl\u00e4ger has bigger plans however, which he thinks could revolutionize the energy supply in the entire country. Too often, says Kl\u00e4ger, solar panel systems and wind turbines have to be shut down because there aren\u2019t enough buyers for the electricity being generated, which can\u2019t yet be stored in batteries. When this happens, the operators are compensated for their losses by the government, which amounts around \u20ac800 million ($866 million).<\/span><\/p>\n<p><span>Were this excess energy to be used by Bitcoin mining farms, not only would the energy not go to waste, but those operating the system would earn money from the bitcoin they generate.<\/span><\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/fullycrypto.com\/green-bitcoin-mining-company-gets-tv-spot?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=green-bitcoin-mining-company-gets-tv-spot\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Mark Hunter<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Mark Hunter1 day agoMon Jan 16 2023 11:31:01 Reading Time: 2 minutes A manufacturing company that mines Bitcoin on the side has received a TV spot for its green credentials The German company uses excess solar energy and retains the heat generated by the ASIC miners The owner wants to expand his plan country-wide<\/p>\n","protected":false},"author":1,"featured_media":598496,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4041,2939],"tags":[],"class_list":{"0":"post-598495","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin","8":"category-green"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/598495","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=598495"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/598495\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/598496"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=598495"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=598495"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=598495"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}