Mining crypto with garbage – THE extraction methods of cryptocurrency in proof of work are debated in the environments ecologists, because they are considered too polluting. Indeed, of many bitcoin mining facilities always use fossil fuels to work. But less and less. And this change is taking place smoothly, under the radars of the mainstream media, which continue to deliver untruths that harm the image of cryptocurrency in general. and Bitcoin in particular. We are going to see today with this example from across the Channel that with a little creativity and a few means, it is possible to transform wastein this case cow dung, energy then in bitcoins. Direction Northern Ireland and the small county of Armagh to discover this surprising initiative.
Anaerobic digestion to produce green electricity in the countryside…
Before going further, it is necessary to understand some economic and environmental issues specific toIreland. This country, like its European counterparts, is committed to reducing 25% greenhouse gas emissions by 2030. However, in this country, herds of cows are responsible for more than 35% of these emissions via the dung they reject. Therefore, to keep the commitment, it would be necessary to eliminate approximately 1.3 million of cows on the 7.3 what the country has. Because yes, there are more cows than inhabitants on the island!
This is where the process says to anaerobic digestion comes into play. It consists of collect waste then put them in the digester, also called methanizer. There, these materials will be mixed, heated and deprived of oxygen to optimize the degradation process by microorganisms. This will give on one side the digestate, which will be used to fertilize the soil as a natural fertilizer. But the process will above all release biogas, methane which can be used to produce energy thanks to a small installation.
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…and install bitcoin mining units right next to it
This process is already at work in many agricultural installations in the country. But they suffer from a recurring problem that is difficult to solve. What to do excess energy ? Indeed, part of theelectricity generated by the station is consumed on site, another part is sent to the main network of electricity, but when it is saturated, the energy is lost. And this problem prevents farmers from increasing their energy production capacity. Because it is not worth investing if too much of the energy is ultimately wasted.
And that’s when Bitcoin comes into play. Return to Ireland to Tom Campbell’s farm which produces up to 500kW of electricity in its biogas unit. Like his fellow farmers, he loses much of his energy production. So when small business engineers Scilling Digital Mining offered him to install a container with all the necessary equipment to mine bitcoin, he did not think long. after only 2 and a half months and with 35 machines, he had already mined his first bitcoin. And he was delighted with the operation.
Stewart Hosfordthe founder of Scilling Digital Mining is convinced that this model circular economy has its place in the economic landscape. Cows eat grass. They created waste. Then these generate both energy and fertilizer to grow grass. There loop is closed. Finally, Tom Campbell readily acknowledges that mining bitcoin is very interesting. Both from a point of view economic only from one point of view philosophical. As a good peasant, he likes to own things. But above all, he loves the idea of turning cow dung into money. And that, it must be recognized that it’s still awesome !
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