Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
South African power company Eskom is considering selling electricity to bitcoin mining companies at a discount

South African power company Eskom is considering selling electricity to bitcoin mining companies at a discount

PANewsPANews2026/03/14 09:59
Show original

PANews, March 14 — According to Bitcoin Magazine citing local media reports, due to the widespread adoption of rooftop solar installations reducing daytime grid demand, South African power company Eskom is exploring the option of selling excess daytime electricity to bitcoin mining companies. The rapid proliferation of rooftop solar systems in South Africa has begun to reshape the country's electricity demand structure. Many households and businesses now generate their own power during the day, and once solar panels start producing electricity, Eskom experiences idle power capacity.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Net profit dragged down by a provision of 288 millions euros for settlement, but Philips (PHG.US) Q3 core earnings indicators still beat expectations

Philips’ Q3 sales were slightly below expectations, but orders increased by 8% and the adjusted profit margin of 13% exceeded expectations. Meanwhile, Great Wall has reached a preliminary settlement with the US Department of Justice, and the company reaffirmed its full-year guidance.

智通财经•2026/11/03 06:41

Zhipu dropped 9.1% in the past 24 hours

Odaily星球日报•2026/11/03 06:17