Japan launches state-backed Bitcoin mining
Japan has launched its first government-backed Bitcoin mining project in partnership with Canaan and a regional power company partially owned by the state.
The initiative includes a 4.5-megawatt facility equipped with hydro-cooled Avalon mining rigs, which adjust their operations based on grid load — shutting down during peak consumption periods and resuming when renewable energy is in surplus.
In this way, Japan is integrating Bitcoin mining into its national energy strategy, focusing on the use of excess green energy and stabilization of the power grid.
This project represents Japan’s first state-linked cryptocurrency mining effort, elevating government involvement in digital assets to a new level and reflecting ongoing reforms in crypto regulation.
Japan has become the 11th country in the world where state resources support Bitcoin mining.
The initiative symbolizes a shift toward more sustainable cryptocurrency production and showcases an innovative approach to combining renewable energy with blockchain technology.
The project is scheduled to launch by the end of 2025, initiated by Canaan, a leading manufacturer of specialized mining hardware, in collaboration with a major regional Japanese energy provider.
This model could serve as a blueprint for other countries seeking environmentally friendly and efficient integration of mining into their power systems.
See also: "95% of Miners Operate Illegally in Iran — Akbar Hasan Beklou"
Українська
Русский
English

