Brazil has a problem that may sound like a dream for crypto miners. There’s too much clean electricity. Wind and solar farms produce far more electricity than the grid can handle.
In some cases, up to 70% of the energy is wasted, and utilities cost nearly $1 billion over the past two years. For miners, this is a great opportunity.
Mining meets Green Power
At least six crypto companies are currently negotiating with Brazilian energy companies to use this excess force. Renova Energia has invested $200 million in Bya and is building six data centers with wind farms.
“We’ve found ourselves one step ahead of our competitors by providing all our infrastructure (for crypto mining).” Renova CEO Sergio Brasil said.
Tether is tapping energy from the recently acquired Sugar Mill. Kazakhstan miner Enegix is testing mobile data centers that can connect directly to the power plant. Even Bitmain, one of the world’s largest mining hardware companies, is exploring the market.
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- Brazil’s 2025 Crypto Regulations
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Why Brazil works?
Crypto mining is flexible. If electricity is cheap and abundant, operations can be scaled up, and if demand is high, you can shrink. This makes Miners an ideal partner for utilities struggling to sell excess power.
“There are a lot of possibilities.” said John Blount, co-founder of Enegix.
The growth of renewable energy in Brazil is being driven by government incentives. However, the transmission infrastructure is not maintained, leaving wind and solar energy behind. Mining companies see an opportunity to turn wasteful electricity into profits.
The utility looks at the money
Energy providers are aware. Casa Dos Ventos, Totalenergies, and Atlas Renewable Energy are investigating crypto partnerships. As part of the pilot project, Eletrobras is installing an ASIC mining machine equipped with wind and solar microgrids.
“Energy providers see these consumers as diamonds.” said attorney Rafael Gomez.
Still, the challenges remain. Grid bottlenecks, drought risk, and unclear regulations can slow growth. It’s difficult to run a large project, such as one that aims to be 400 MW.
What that means
Brazil’s Crypto Mining Boom shows unique alignment. If managed well, mining could turn excessive electricity into profits, reduce Bitcoin’s carbon footprint, and establish Brazil as a hub for green-driven crypto operations.
For now, Crypto Miners is helping Brazil find a market for energy to waste, creating a story where surplus turns into opportunities.
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FAQ
Yes, the operation mainly drives excess wind and solar energy, which can significantly reduce Bitcoin’s carbon footprint.
Miners provide flexible demand, buy excess clean energy that would otherwise be wasted, turning environmental issues into economic opportunities.