Using 2021-2023 surplus solar data and Antminer S21 XP Hyd specifications, the authors estimate that Bitcoin mining on surplus power would have earned KEPCO roughly $294-348 million in 2023.
Bhutan smiles at skyrocketing bitcoin prices, mining since the $5,000 (korean),
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Leveraging Surplus Electricity: Profitability of Bitcoin Mining as a National Strategy in South Korea
Using 2021-2023 surplus solar data and Antminer S21 XP Hyd specifications, the authors estimate that Bitcoin mining on surplus power would have earned KEPCO roughly $294-348 million in 2023.