Tesla, Jack Dorsey's Block and Blockstream to Mine Bitcoin in Texas

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Tesla, Jack Dorsey's Block and Blockstream to Mine Bitcoin in Texas
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.Tesla allows jack Dorsey's Block and Blockstream to mine Bitcoin off solarenergy in Texas. adam3us elonmusk saylor

, has told CNBC during the Bitcoin 2022 conference in Miami that the goal of this project is to prove that Bitcoin mining at full scale can be 100% environmentally friendly due to the use of renewable energy sources.

The dashboard will openly show the project's power output and the total amount of BTC that has been mined. Besides, it will also show data points that will demonstrate how solar energy batteries and storage perform.West Texas is a perfect spot in the U.S. to produce renewable energy, as facilities here can draw in energy from both the sunlight and the wind, according to Shaun Connell, a high-ranking rep of Lancium, a Houston-based tech company.

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