Sustainable Bitcoin: a Spanish exchange started mining cryptocurrencies with pig droppings

Sustainable Bitcoin: a Spanish exchange started mining cryptocurrencies with pig droppings

It is a sustainable solution in two senses. Lhe reuse of pig excrement allows to reduce its greenhouse gas emissions by more than 80%. And it is not only that it generates bitcoins without contaminating, it is that with this method, the creation of each cryptocurrency is equivalent to planting 565 trees, as explained by the CEO of Green Data Chain, Jesús Royo, to RTVE.

Likewise, Green Data Chain has launched the NCB (Negative Carbon Balance) token and an NFT (Non-Fungible Token). The goal is for the NCB to become the market standard for CO2 emissions from bitcoin mining. One NCB is equivalent to 1 gram of offset CO2. Meanwhile, the NFT is based on the incorporation of a part of the world’s first mined currency bitcoin with a negative balance of equivalent CO2 emissions.

Atmospheric pollution due to emissions from pig excrement has doubled in six years, according to the official registry of pollutants PRTR of 2020. In contact with the air, ammonia from feces favors the generation of polluting particles and whose impact on the human health is similar to that of NO2 emissions. In Catalonia alone, there are almost 10 million pigs, with Osona and Lleida being the regions with the highest concentration of pig farms.

The fact that we generate our own energy from waste that was a problem is a virtue, which also allows us to understand how it is possible to mine (manufacture cryptocurrencies) in Spain in a sustainable way“, concluded the CEO.

Source: Ambito

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