Citadel Digital Mining – a Pennsylvania-based cryptocurrency mining company – reportedly uses coal waste to power hundreds of its supercomputers. Thus, the company aims to use a byproduct rather than damage the US national energy network.
sdm coal waste uses
Bitcoin mining is an energy-intensive process, and many critics claim that it harms the environment and damages national electricity systems. In fact, some reports suggest that it uses more energy per year than the entire country of Finland.
According to a recent report by Reuters, Stronghold Digital Mining – an American crypto mining organization – has found an alternative way to generate electricity for its operations. The company uses coal ash left over by decades-old power plants.
Citadel Digital Mining collects it from a nearby mine in the Pennsylvania area. After being processed, the byproduct goes to a boiler building, where it is burned to generate the electricity needed for bitcoin mining.
If not segregated, coal ash can mix into groundwater and pollute waterways. It contains heavy metals, which are known to be carcinogenic. Simultaneously, the Citadel Initiative prevents certain amounts of coal ash from reaching the population of Pennsylvania.
Speaking on the matter, the company’s chief executive officer, Greg Beard, was:
“The bitcoin mining network itself is the largest decentralized computer network in the world, and it is power-hungry, so co-locating bitcoin mining and a power plant makes a lot of sense.”
Separately, Bill Spence – the organization’s co-president – stated that mining is “the perfect place for crypto”.
alternative in canada
In October 2021, officials in North Vancouver, a Canadian city with a population of more than 50,000 people, announced that they would allocate the energy released from bitcoin mining to heating residential buildings.
The initiative became possible after a collaboration between Lonsdale Energy Corporation (LEC) and BTC miner MintGreen.
The latter said that its “digital boilers” could prevent up to 20,000 tonnes of GHG per megawatt from entering the atmosphere, compared to natural gas.
LEC CEO Carsten Weng believes this partnership could be beneficial to the city’s green future:
“It is very exciting for LEC to partner with MintGreen on this project, as it is an innovative and cost-competitive project, and it reinforces the journey that LEC is on to support the city’s ambitious greenhouse gas reduction goals. “
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