Trump could use Greenland for 10,000 EH/s Bitcoin mining hub from stranded energy if it becomes a part of the US
Summary
Talk of the US purchasing Greenland has resurfaced, drawing attention from Bitcoin miners interested in the island's industrial power potential. Greenland plans a 2026 tender for two major hydropower sites (Tasersiaq and Tarsartuup Tasersua) capable of producing over 9,500 GWh annually, which could translate to a hashrate ceiling around 44.8–65.7 EH/s. While current local hydro capacity is small, scaling up the Buksefjord plant could offer 2.6–6.3 EH/s. The potential for Trump-linked capital, such as American Bitcoin, to secure this energy is noted, as their current operations are substantial. Beyond hydro, Greenland's theoretical onshore wind potential is vast (up to 170 GW average generation), which could theoretically support 7.0–10.4 ZH/s of hashing capacity if transmission and firming challenges were overcome. However, developing this scale requires massive, multiyear investment in infrastructure, transmission, and hardware, making large-scale mining dependent on Greenland's political status and the ability to secure industrial power purchase agreements for stranded energy.
(Source:CryptoSlate)