North Vancouver Will Warm Up With Bitcoin Mining

It was started by Satoshi Nakamoto in 2008 and created its own market without being tied to any central authority. bitcoinis popular around the world. Bitcoin is also the most well-known unit in the crypto money industry. Bitcoin production systems, which were not fully understood in the first years and later became professional, develop with various technological infrastructures and create different areas of use.

performed by many people and institutions today. Bitcoin miningIt is criticized as one of the reasons that lead to the climate crisis, due to the excess electricity it uses and the way it is produced. However, some studies have shown that Bitcoin mining uses or emerges after. using energy while trying to minimize the damage, it also provides savings. The Canadian study, in partnership with MintGreen and LEC, aims to achieve this. an important example appears as.

A positive development in terms of energy consumption

The effects of Bitcoin mining on the environment started to become a glaring problem, with Elon Musk and some environmentalists constantly bringing this issue to the agenda. After the criticism of this issue increased and it was seen as a danger, energy consumption and negative effects of mining on the environment. studies are in progress. MintGreen and LEC are located in British Columbia, Canada, and are home to 50,000 people. To warm up North Vancouver They partnered in a study that will use Bitcoin mining.

According to this study, North Vancouver is used to heat commercial and residential buildings. The first city to use bitcoin mining it will be. Thus, it is stated that with the heat obtained from Bitcoin mining, 20,000 tons of greenhouse gases per MW will be prevented from going into the atmosphere compared to natural gas. While MintGreen CEO Colin Sullivan said that some innovative solutions are needed due to the complex problem of climate change, LEC CEO Karsten Veng stated that this cooperation is promising for a green future.