José Sarasola, cryptominer: “The crash is a necessary and clean correction to the market of speculators”

José Sarasola, cryptominer: “The crash is a necessary and clean correction to the market of speculators”

Sarasola has a degree in Business Economics from the University of New South Wales in Australia (UNSW), and is currently promoting the first Argentine company to generate bio-cryptofarms. In dialogue with Ambitanalyzed the current situation of the cryptocurrency market and detailed its future plans.

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“To understand the volatility of Bitcoin, it is key to understand that there are two types of investors: those who believe in its technology and make long-term investments, and those who invest only to get a quick return and get out. The latter are the ones that generate instability in the market, while the former are the ones that stabilize it”Sarasol said.

According to the cryptomining expert, therefore, those who trust that Bitcoin is a new technology that is here to stay, when the market falls they don’t call it a “crash” but just a correction, because as soon as the price seems to collapse, those who were speculating get scared and disarm positions.

“These corrections, although they hurt, are necessary for the cryptocurrency community, because they clean the market and only those who truly believe in the attributes of digital currencies remain, thus strengthening the ecosystem”, analyzed by the specialist.

Sarasola is preparing to present this Friday, May 20, 2022 at Virtuality BA 2022, her project for bio-cryptofarmsa sustainable process that consists of transforming waste into Bitcoin.

Cryptogranjas is a national company formed by Argentine engineers, economists and experts in cryptocurrencies that aims to achieve greater sustainability. Its members explained that they created in Argentina and Paraguay versatile investment alternatives in cryptocurrencies where they are dedicated to assembling, developing, operating and monitoring Bitcoin mining centers, called cryptohranjas. The firm has a laboratory where they develop advanced technology, which is used to put together new and innovative projects. It is also an official distributor of mining machines Bitmain and Avalonthe two most important brands in the world.

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As detailed, the model of the bio-cryptofarms It is a process that transforms garbage into wealth. For this to happen, companies and individuals intervene who, working together, remove toxic waste from the environment and convert it into crypto assets. This circuit is composed of four processes: a chemical process, a mechanical one, a cryptographic one and, finally, a computer one.

The circuit begins when industrial waste from large factories or waste from intensive animal farming is removed from the environment, which goes to landfills and pollutes. This waste is placed in round sheds, called biodigesters, where different bacteria transform this waste into methane gas through a chemical process. That gas then turns into electrical energy that powers super computers called miners, used to mine cryptocurrencies. “Every time one of these computers manages to crack a code, new digital currencies are generated, called Bitcoins”they pointed out from the company.

The bio-cryptofarms They are considered “unique” because they have a decontaminating effect, which the large traditional ones do not have. “They remove garbage from the environment, transforming something toxic into something positive”, they highlighted.

It is that there are farms that use solar or wind energy, which are renewable energies because they do not pollute the environment, that is, they do not harm, but they do not benefit either. They are called farms “passive”. Instead, the decontaminating factor of the bio-cryptofarms it is totally revolutionary, and positions them as the exemplary model of sustainable mining. “The CryptoGranjas company aims to continue developing and replicating it throughout Latin America”he claimed.

Today they operate in Salta and in Buenos Aires, and have projects under development in Tierra del Fuego and Cordoba, from conventional farms. However, his big bet is bio-cryptofarmswhich are unique in South America, and the Sarasola company is promoting in the center of the country, with the aim of having the first operating before the end of the year.

Source: Ambito

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