goal that make to create bitcoin. they do that by tackling wickedly hard equations which need a lot of computer power to solve. in many ways, these computers are printing money. one greenidge one critter is currently worth $35,000 and all of these computers need a lot of energy. the unique thing about this plant is at both creates energy and provides bitcoin so these turbines actually create the energy and then literally right next to them, there are these massive migratory mining machines. that s the duty of this, it is all done in house. mining bitcoin is usually energy intensive and cambridge estimates the annual amount of energy used to my bitcoin is equivalent to a country the size of colombia or bangladesh. there are nearly 10,000 bitcoin mining computers here and greenwich wants to build more.
country, there is a decommissioned coal plant which has been converted into a gas fired power plant all in the name of mining bitcoin. sounds unbelievable, doesn t it? here s james clayton. this is an energy plant with a big difference. a former new york coal plant, its owners greenidge generation have decided to bring it back to life, converting it into a gas fired power station with a twist. what s happening here is part of a modern day gold rush. but they are not mining minerals here, they re mining bitcoin. these computers all have one singular goal: to create bitcoin. they do that by tackling wickedly hard equations that need a lot of computer power to solve. in many ways, these computers are printing money. one bitcoin is currently worth over £25,000, or $35,000,