The “mining” of cryptocurrencies is known to require large amounts of energy and many computers, with all that this implies in terms of environmental impact.
But what if the heat generated by the “mining” of Bitcoin could be reused?
This is what a start-up in the Netherlands is trying to exploit where engineer, Bert de Groot is using the energy generated from the heat to grow tulips inside a greenhouse. The company then even sells the tulips grown in the greenhouse in exchange for Bitcoin.
In fact, to make the mining process even more environmentally friendly, De Groot powers the servers with energy from solar panels, reducing both the cost of electricity and the carbon emissions that traditional mining servers would have.
According to AFP, the entire operation is now carbon footprint negative, with the engineer claiming his project “improves the environment” rather than contributing to the climate crisis.
Previous Articles:
- Antonopoulos to CZ: Stop mistaking wealth with wisdom or experience
- Algorand is working with Italian banks and insurance companies
- Cathie Wood: the demise of FTX will benefit DeFi networks
- Politico: Cryptos have lost their cheerleader in the EU
- First Bitcoin transaction suggests Satoshi Nakamoto is a convict
