The World’s Largest Wind Farm has a Tiny Problem
The above video from "Undecided with Matt Farrell" talks about Wind Farm implementation in Gansu province in China.
Two major issues highlighted are:
- Price competitiveness - competition with cheaper fossil fuel energy like coal
- Location competitiveness - Result of #1 is that a lot of excess energy produced in the barren region of inland Gansu province is going to waste as the cost of maintaining and transmitting power to the other more industrialised, energy hungry provinces in the eastern coastline of China is prohibitive.
What if the excess energy is used to mine bitcoin and the earned btc is used to pay for energy usage in the regions that are energy intensive?
Is this already what energy companies are doing?
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