ACDC’s use of renewable energy and ability to sell excess power back to the grid particularly attracted Polychain Capital. “We’re excited to partner with ACDC as they build out more long-term, fixed-cost renewable energy production to enable more predictable Bitcoin mining operations, while providing the flexibility to sell excess power opportunistically into volatile energy markets,” PolychainCapital founder Olaf Carlson-Wee, said. “It’s great to witness Bitcoin’s ability to incentivize renewable power production at scale, and we think ACDC is at the forefront of these efforts,” he added.
