The bearish market in 2022 hasn\u2019t been kind to Bitcoin miners worldwide. Several mining companies are struggling for survival right now, but others are performing very well. Indeed, more institutional actors are joining the industry right now, while different lawmakers around the globe are considering their own rules for this activity.<\/p>\n\n\n\n
Recently, we got the news that the Tokyo Electric Power Company (TEPCO) will use its surplus generation to mine Bitcoin. <\/strong>TEPCO, specialized in nuclear energy, is considered the largest power company in Japan<\/a>. They\u2019re now partnering<\/a> with TRIPLE-1, a local semiconductor designer and developer, to build and activate several mining farms across the country.<\/p>\n\n\n\n At the same time, the firm Gridless Computer is running hydro-powered T\u011b\u017eba Bitcoin<\/a> farms in Kenya (Africa). And not only for profit. Instead, these rigs were designed to provide cheap energy to rural communities. This way, the power rates for around 2,000 people decreased from $10 to $4 monthly.<\/p>\n\n\n\n