2017-10-10 Japanese Renewable Energy Provider Offers Low Flat-Rate Electricity f

[Immakillya]

Japanese renewable energy provider, Looop, has announced an electricity plan aimed at reducing costs for bitcoin and other cryptocurrency miners. The plan charges a flat monthly fee for electricity usage of up to a certain level in the Tokyo Electric Power Company service area.

A Flat Electricity Rate for Crypto Miners
Japanese Renewable Energy Provider Offers Low Flat-Rate Electricity for Crypto MinersLooop Co. Ltd is a Tokyo-based renewable energy provider that offers natural energy products and services as well as retail electricity services. The company “was born from the volunteer activity to set up photovoltaic power in the affected area of the Great East Japan Earthquake,” its website describes. The company began operations in March 2011 with the development of “a photovoltaic power plant that can be installed by ourselves.” Other products offered include solar, wind, biomass, hydroelectric, and geothermal power systems

Continue reading... https://news.bitcoin.com/japanese-renewable-energy-provider-low-flat-rate-electricity-crypto-miners/

This is going to be interesting. Japanese crypto market already dominates. Now they are going for mining.

[CyberKuro]

Low electricity costs always be the biggest challenge for the miners, if Japan renewable energy could cover huge mining farms which consume so much energy https://digiconomist.net/bitcoin-energy-consumption. Electricity from solar, wind, biomass, hydroelectric, and geothermal power systems absolutely cheaper than using gas fuel. After japanese miners established their foothold into mining industry, we will see how is it going for them and hopefully have a good impact into bitcoin community.

[MariaSwordCrypto]

This is interesting, thanks for sharing.