In Russia as in El Salvador, mining is an activity taken very seriously and in high places. From there to exploiting original sources of energy to help the production of these currencies, there is only one step …
Following the Chinese decision to end the activity ofcryptocurrencies last May, the managers of server farms had to migrate to other countries to perpetuate their activity. Texas, Russia and Kazakhstan were the first beneficiaries of this migration. It remains for these countries to find sources of adequate.
Nuclear power in the service of mining
In the, many original solutions . If the State of New York has opted for hydroelectric power and Texas for , nuclear power is not to be outdone. Thereby, , the company Compass Mining has signed a contract with a startup, Oklo, which will build nuclear micro-reactors dedicated to its electricity supply. And in Ohio, the Standard Power mining company has partnered with Energy Harbor Corp, again for the supply of nuclear power, starting in December 2021.
Russia in favor of natural gas
For the time being, this waste is dispersed throughout theor else burnt during the oil extraction process. In doing so, they contribute to the . those energy capable of supplying server farms would therefore have two positive effects:
- harness natural energy for mining;
- improve the environment.
El Salvador’s volcanoes at the service of Bitcoin
More astonishing,, this famous Latin American country which has adopted Bitcoin as legal tender, wishes to exploit the of its for mining purposes. As President Nayib Bukele explained: “ Our engineers have informed me that they have dug a new well that will provide approximately 95 MW of 100% clean energy, without , from our volcanoes. »
Bitcoin « is green » ?
All this activity brought the Bitcoin Mining Council (BMC) in this October 23 to affirm that now the share ofin minors at BMC would now be 67%. Enough to restore the image of an activity long criticized as non-ecological. However, with one qualification: BMC miners only represent 33% of overall calculations.
Note that during this time, in China, the National Development and Reform Commission (NDRC) came to ask the question: banning bitcoin mining (BTC) from its soil, was it really a good idea? idea ?