Arkon: Renewable Energy to Bitcoin.
More profitable, More of the time.
Problem:
Increasing Bitcoin Use +
Increasing Renewable Power
- Crypto currency adoption is accelerating rapidly, and has reached 300 million users – the same number of people who were using the internet in 1999!
- Selling electricity into the grid is increasingly competitive and unprofitable most of the time, especially for renewable power generators in Australia
- As crypto adoption grows, awareness of Bitcoin mining profitability grows, and with it an increasing demand for low cost power to “host” miners
- As crypto adoption grows, awareness of Bitcoin mining profitability grows, and with it an increasing demand for institutional grade, large scale investment opportunities.
Solution:
Give the people what they want
- Renewable power generators that Arkon buys power from dramatically improve their business, earning profit consistently and predictably, avoiding the fluctuations of grid consumption
- Low power prices mean Arkon’s miners earn Bitcoin for shareholders at a per-unit cost of USD ~$7000
- Arkon “hosts” the miners of 3rd parties to consume any excess power supply, rapidly increasing the size of our total business to institutional scale for a fraction of the cost
- Arkon uses excess renewable power to run Bitcoin mining operations, buying electricity directly from the generator before it ever goes to the grid.