Blockstream and Block will use solar energy to mine Bitcoin with the help of Tesla

 Bitcoin with the help of Tesla to mine with solar energy

Blockstream will partner with Tesla, Elon Musk's company, to provide solar energy to its Bitcoin mining farm. The plant will be installed in the United States (USA) with the help of Jack Dorsey's Block Inc, plausibly this year.

The announcement was made by the CEO of the company that develops solutions for Bitcoin based in Canada, Adam Back, during the Bitcoin Conference 2022, which is being held in Miami, Florida. It is an alliance between Blockstream, Block and Tesla, who have come together to mine Bitcoin with renewable energy on US soil.

The company of magnate Elon Musk will be in charge of supplying the Tesla Solar PV solar panels, with which the energy emanated by the star will be obtained. In addition, they will have Tesla Megapack accumulators, to take advantage of electricity during the night.

In addition to that, Tesla is building the necessary infrastructure for the mining farm that Blockstram and Block will install to work with clean energy

On the other hand, Back announced that they are creating a public access dashboard next to Block, where the project's metrics will be displayed. "Basically all the project funding and real-time information on how many bitcoins are mined, real-time hash recharge times and duty cycle, among other things," he said.

He said that they seek to make the information more transparent than is normally done for reasons of competitiveness between companies. This will allow, in his words, "to have a more informed discussion in the media and in politics where people can just watch."