Costa Rica Hydro Plant Worth $13 Million Gets a New Lease on Life from Crypto Mining

Follow us on Google News The plant was forced to reinvent itself after 30 years because the government stopped buying electricity during the pandemic due to surplus power supply in the Central American country, where the state has a monopoly on energy distribution. “We had to pause activity for nine months, and exactly one year ago, I heard about Bitcoin, blockchain and digital mining,” said Eduardo Kooper, president of the family business that owns the 60-hectare farm Data Center CR and the plant. With its three plants valued at $13.5 million and a three Megawatt capacity, the hydroelectric company invested … Continue reading Costa Rica Hydro Plant Worth $13 Million Gets a New Lease on Life from Crypto Mining