🔥 Japan has just included Bitcoin mining in its national energy strategy.

[{"type":"bulleted-list","children":[{"type":"list-item","children":[{"text":"Japan has begun mining Bitcoin through a project connecting the grid with specialized Mining Rig from Canaan. A major Japanese power company will use the machines to balance electricity demand, adjusting operations according to the amount of renewable energy available."}]},{"type":"list-item","children":[{"text":"Since the power company is partially state-owned, Japan becomes one of the few countries with state involvement in Bitcoin mining."}]}]},{"type":"heading-two","children":[{"text":"Canaan Recovers Through Partnership with Grid"}]},{"type":"bulleted-list","children":[{"type":"list-item","children":[{"text":""},{"type":"link","url":"https://beincrypto.com/learn/free-bitcoin-without-investment/","children":[{"text":"Bitcoin mining"}]},{"text":" hardware maker Canaan will deploy a 4.5-megawatt project using water-cooled Avalon machines to help a Japanese regional power company "},{"type":"link","url":"https://beincrypto.com/russia-temporary-crypto-mining-ban/","children":[{"text":"manage grid fluctuations"}]},{"text":" ."}]},{"type":"list-item","children":[{"text":"The "},{"type":"link","url":"https://x.com/canaanio/status/1984020691847672304","children":[{"text":"deal"}]},{"text":" uses Avalon arrays to balance Japan’s grid: turning them off during peak hours and turning them back on when "},{"type":"link","url":"https://vn.beincrypto.com/british-columbia-canada-bans-crypto-mining/","children":[{"text":"there is a surplus of renewable energy"}]},{"text":" . This allows the utility to better manage fluctuations and make better use of the surplus green electricity."}]},{"type":"list-item","children":[{"text":"The move also comes after a "},{"type":"link","url":"https://beincrypto.com/canaan-sells-bitcoin-miners-profits-fall/","children":[{"text":"tumultuous period for Canaan"}]},{"text":" , which narrowly avoided being Delisting from the Nasdaq. Shortly after, it received its largest Mining Rig order ever, suggesting that growth is returning."}]},{"type":"list-item","children":[{"text":"While modest in scale, the project carries symbolic significance as the first government-linked crypto mining effort in Japan."}]}]},{"type":"paragraph","children":[{"text":""}]},{"type":"heading-two","children":[{"text":"Japan combines energy policy with Bitcoin mining"}]},{"type":"bulleted-list","children":[{"type":"list-item","children":[{"text":"Japan’s electricity sector is Vai by ten regional power companies, all of which have some degree of government ownership and oversight. As such, the new mining project is part of a public-sector infrastructure, marking a shift from a private Bitcoin mining model to public participation."}]},{"type":"list-item","children":[{"text":"The initiative is in line with Japan’s digital asset reforms to reclassify cryptocurrencies, "},{"type":"link","url":"https://vn.beincrypto.com/welcoming-the-new-cabinet-can-japan-balance-tax-cuts-and-yen-defense/","children":[{"text":"simplify tax regulations"}]},{"text":" , and expand regulated institutional participation. Collectively, these moves represent "},{"type":"link","url":"https://vn.beincrypto.com/japan-could-make-a-major-change-to-crypto-trading-rules/","children":[{"text":"a concerted shift by Japan"}]},{"text":" toward mainstream crypto adoption under state oversight."}]},{"type":"list-item","children":[{"text":"The move also makes Japan one of the few developed economies where the state indirectly supports Bitcoin mining."}]}]},{"type":"paragraph","children":[{"text":""}]},{"type":"heading-two","children":[{"text":"From criticism to innovation"}]},{"type":"paragraph","children":[{"text":"\n🔸Japan’s entry into Bitcoin mining could reshape how the world views the industry. By "},{"type":"link","url":"https://beincrypto.com/learn/top-free-crypto-mining-coins/","children":[{"text":"using Mining Rig rigs"}]},{"text":" to tap surplus renewable energy, the Japanese model helps counter critics who say Bitcoin is harmful to the environment."}]},{"type":"paragraph","children":[{"text":"\n🔸Canaan plans to expand similar projects across Asia, Europe and North America, making Japan a test bed for sustainable mining in conjunction with power infrastructure."}]},{"type":"paragraph","children":[{"text":""}]},{"type":"paragraph","children":[{"text":""},{"type":"topic","character":"Japan","children":[{"text":""}]},{"text":" "},{"type":"topic","character":"Bitcoin","children":[{"text":""}]},{"text":" "},{"type":"topic","character":"Jucom","children":[{"text":""}]},{"text":" "},{"type":"topic","character":"cryptocurrency","children":[{"text":""}]},{"text":" "},{"type":"topic","character":"blockchain","children":[{"text":""}]},{"text":" "}]}]