Greenland as Potential 10,000 EH/s Bitcoin Mining Hub with US Backing
Reports indicate the United States may consider purchasing Greenland, sparking interest from Bitcoin miners due to the island's power projects. Greenland plans a public tender in 2026 for two hydropower sites, Tasersiaq and Tarsartuup Tasersua, potentially producing over 9,500 gigawatt-hours annually. Calculations suggest that 1 megawatt of facility power equates to approximately 0.052 exahash per second (EH/s). Greenland's current hydropower capacity is around 91.3 megawatts. Expansion plans, including the Buksefjord project, aim to increase capacity. The two-site tender could lead to a hashrate ceiling around 44.8β65.7 EH/s, positioning Greenland as a significant player in Bitcoin mining if fully utilized.
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