Bit Helm ⚡ ⛏️ ₿ Profile picture
Jan 8, 2022 7 tweets 8 min read Read on X
#Manitoba #Canada has an abundance of clean renewable hydro from its 15 hydroelectric generation stations.

This province is great for #Bitcoin and #cryptocurrency Mining.

Here's why hydropower #Bitcoin mining worked great together.

0 / 6 👇
#hydro + #energy⚡ + #Bitcoin
1 / 6 Hydropower is renewable.

Each year, rain and snow replenish the water supply adding to the potential energy reserves of downstream generators.

1 / 6
#hydro + #energy⚡ + #Bitcoin
Hydropower is efficient.

Hydropower dams convert about 90% of the energy in falling water into electrical #energy

By comparison, fossil-fueled plants lose more than half of the energy content of their fuel as waste heat and gases.

2 / 6
#hydro + #energy⚡ + #Bitcoin
Hydropower is clean.

Hydropower produces no emissions. There are no gases or waste products that contribute to air pollution.

3 / 6
#hydro + #energy⚡ + #Bitcoin
Hydropower is secure.

Water from rivers is largely a domestic resource that is not subject to disruptions from foreign suppliers, cost fluctuations in power markets, international political crises or transportation outages.

4 / 6
#hydro + #energy⚡ + #Bitcoin
#manitoba
Hydropower is flexible.

By adjusting the water flowing through the dams, energy can be increased or decreased to meet changes in demand for power.

5 / 6
#hydro + #energy⚡ + #Bitcoin
Hydropower is affordable.

Water = “fuel” and is free, which keeps operating costs low and protects against fluctuations in fuel prices. Over the years, the dams have consistently provided some of the nation’s most affordable electricity.

6 / 6
#hydro + #energy⚡ + #Bitcoin

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