Bitcoin from fertilizer: how a farmer gets cheap electricity for crypto mining (video)

It turns out that only one farm can generate up to 700 kW of energy due to manure, which can supply electricity to 12,000 households.

Cointelegraph writes that a resourceful Irish farmer from County Armagh uses cow dung to mine bitcoin. Tom Campbell, owner of a dairy farm, uses a lot of energy to do this, using methane from manure. This is the so-called anaerobic processing, in which a special biogas reactor generates energy from the methane released by the fertilizer.

Mining farms require a lot of energy to operate, and often the cryptocurrency mined does not cover the cost of paying the electricity bills. However, due to the methane from the manure, Campbell’s farm produces up to 700 kilowatts of electricity, which is more than enough.

With this approach, the farmer is not only solving their financial problems, but also contributing to the Irish government’s environmental program, which has set a target of reducing greenhouse gas emissions by 25% by 2030. About 35% of these emissions come from cow dung from Irish farms.

Experts have calculated that if 41% of Irish farms were equipped with such anaerobic processing units, it would be possible to power every home in Ireland and at the expense of helping the environment.

Campbell’s decision to generate electricity from manure may seem strange to some, but financially such a model makes sense: the farmer can not only mine with almost free electricity, but also sell energy to other people.

Previously Focus he said that scammers have learned to distribute old video cards like new ones: what to look for so as not to be fooled by their tricks.

Source: Focus

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