Japan Just Made Bitcoin Mining Part of Its National Energy Strategy

Japan has begun mining Bitcoin through a project that connects its power grid to Canaan’s specialized mining machines. A major Japanese utility will use them to balance electricity demand by adjusting its activities to match the available renewable energy supply.   Because the utility is partly government-owned, it is one of the few nations where the state participates in Bitcoin mining. Canaan Rebounds With Grid Partnership Bitcoin mining hardware maker Canaan will deploy a 4 source: https://beincrypto.com/japan-state-backed-bitcoin-mining/