I really don't like this project: it is heavily impacting on the local ecosystem. [...] Your project, on the other hand, does not depend on miners to be profitable: it could sell the electricity to a city, or a farm to be profitable, and nothing would change.
Mining is a 24/7 business, [..] The same will be with this plant, nobody will want to mine it there even if you give them 2 cents energy, without another power source to keep them running nonstop, and with the batteries cost blowing the price higher than traditional power it won't attract anybody.
To dispel the myth about ecosystem change, just look at the diagram that I published above ... What I mean is that this type of power plant is absolutely safe, since the construction of the dam is necessary for the installation of turbines, and not for the retention of water masses
(in the presence of a dam, the water level in the water area will change in the same way as if it changed during the ebb and flow without the dam). The daily carrying capacity of the dam is 500 cubic kilometers, the same amount of water as the Amazon River carries in 25 days,
("now imagine the 25-day energy of the Amazon compressed into 24 hours").+ I want to add that I indicated that this is a utopian project, since it is necessary to invest tens of billions of dollars in infrastructure. Due to the fact that within a radius of several hundred kilometers there are no cities or power grids through which this electricity could be transmitted. It is for this reason that I said that it is advisable to install a mining giga-farm locally. And by the way, power generation happens 24 hours a day ... which is perfect for mining.
But the main thing that you guys missed is that I am not suggesting that miners buy this clean electricity ... the idea is to invest in the construction of this project by adding mining power to it
(thereby ensuring energy-efficient mining of Bitcoins for 50 or 100 years). I will repeat the above .... in case of obsolescence of mining equipment or in case of excess electricity,
("after all, the power of this power plant is equivalent to the power of 25 nuclear power plants") can switch to the production of liquid hydrogen. This approach will make this object a means of pressure on Elon Musk's space program.
Elon Musk would have turned over in his coffin if he was dead and if the key players in the Bitcoin industry would sell him fuel for Bitcoins.