GREEN WAYS MINING BITCOIN
The claim that cryptocurrencies, and Bitcoin in particular, harm the environment is one of the most common criticisms of them. This is mostly because of the energy-intensive proof-of-work mining method used by Bitcoin, which produces a significant amount of carbon dioxide emissions. Some have even gone so far as to say that Bitcoin is to blame for “setting the oceans on fire!” and that it is an environmental disaster.
BUT….
You may have come across alarming statistics like the one published by the University of Cambridge Bitcoin Electricity Index, which indicated that Bitcoin consumed more energy annually than 129.24 TWh—more than certain nations like Argentina or Ukraine. The fact that Bitcoin mining produces as much CO2 in 30 months as one million cars does is another alarming figure. These are undoubtedly concerning figures, and action must be done to make Bitcoin and cryptocurrencies in general as ecologically friendly as possible.
BUT...
Bitcoin mining to heat greenhouses
Greenhouses are being heated by Bitcoin Bloem, a Dutch bitcoin mining firm, with the excess heat from their operations. Together with a Dutch farmer, the Bitcoin miner provides heat for a greenhouse that cultivates flowers.
In the greenhouse, Bitcoin Bloem mines Bitcoin and pays the farmer’s electricity bill so that the farmer has adequate heat to cultivate food. This not only saves the farmer money, but it also eliminates the need for natural gas that pollutes the environment by replacing gas heaters.
DISCOVER ALL 5 INNOVATIVE ECO-FRIENDLY WAYS OF BTC MINING:
https://www.cryptoaltruism.org/blog/five-innovative-ways-bitcoin-miners-are-working-to-become-more-eco-friendly
