Brazilian Solar Firm Considers Bitcoin Mining as Surplus Energy Solution

Thopen, a Brazilian solar power producer, is exploring a new venture into Bitcoin mining to address the surplus energy generated by the country’s booming renewable sector. Thopen’s CEO, Gustavo Ribeiro, revealed this plan to local outlet BN Americas, stating that the company is considering diversifying its energy management strategies to tackle Brazil’s growing surplus of electricity. 🇧🇷 Ribeiro also mentioned exploring solutions such as data centers and Bitcoin mining operations near load centers to absorb locally generated energy, highlighting a potential strategy to convert excess renewable energy into profit.