- iSDaily Wednesday – March 14th, 2018 – Episode 042
On this episode of iSDaily Wednesday with The One True Niz and Paul Gordon, On NewsFire, the Cattle Car Guide Rally of 2018 On Skynetter, Google Helps Killer Drones On Liberty Tech, Printing Cars in China [...]The post iSDaily Wednesday – March 14th, 2018 – Episode 042 appeared first on iState. […]
Salcido uses 7.5 megawatts of power — enough to power 11,000 homes. He wants to produce 50 bitcoins per day by July, which would require a whopping 42 megawatts of power.
That’s why he’s in Wenatchee: Power is extremely cheap — between 2 to 3 cents per kilowatt hour.
The reason? A series of dams on the Columbia River provide abundant hydroelectric power.
But it’s not just the cheap power. Cooler temperatures help keep the servers at the right temperature. And for a small town Wenatchee has great internet capacity.
“So we have not only low-cost electricity but also very good access to internet,” says Wright. “People put those two together and think ‘opportunity for bitcoin’.”