Tom Campbell, a dairy farmer from County Armagh, Ireland, mines Bitcoin with farm electricity. An Irish dairy farmer turned to Bitcoin BTC tickers down $30,648 mining to employ his excess energy. Tom Campbell’s County Armagh farm generates renewable energy through anaerobic digestion. This includes breaking down biodegradable material to produce methane gas for energy.
Campbell mines Bitcoin with the extra energy that cannot be exported to the grid. Miners earn BTC by solving complicated mathematical equations on specialized computers. Campbell’s farm generates 700 kilowatts for bitcoin mining to power approximately 12,000 households.
Ireland aims to cut greenhouse gas emissions by 25% by 2030. Cows account for roughly 35% of Ireland’s agricultural industry emissions. With 7.3 million cows, waste management must be environmentally sustainable. If 41% of farms used anaerobic digestion, it could power every Irish home. This could help meet greenhouse gas emission targets.
Campbell’s Bitcoin mining is unconventional, but it makes economic sense. Miners can use extra clean energy during low grid demand. Campbell can earn from Bitcoin mining by selling excess electricity as renewable, green electricity to the grid.
Campbell’s technique illustrates that reaching greenhouse gas emission standards doesn’t have to bankrupt farms. As renewable energy sources like anaerobic digestion gain popularity, more farmers may mine Bitcoin with their extra energy.
Campbell’s exclusive Cointelegraph interview on how he’s turning cow manure into digital riches is below.
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