US Bitcoin mining firm turns to harmful coal waste for cleaner energy

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Bitcoin and other proof-of-work cryptocurrencies have made headlines for their environmentally unfriendly model, but one U.S. mining firm seeks to change that with an alternative energy model.

Stronghold Digital Mining , a crypto mining company in Pennsylvania, is turning waste from old power plants into energy to power hundreds of Bitcoin mining rigs.

The company collects coal refuse, a leftover waste material from the process of coal mining, and burns it in what it says is an emissions-controlled environment at its energy generation facilities. Coal refuse can cause a raft of environmental problems, such as water and air pollution, and acid mine drainage, the acidic water which comes from coal mining operations. Collecting this waste and safely disposing of it while generating power for crypto mining is a productive way of tackling the problem.

 

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Bitcoin mining firms moving to renewable energy is a good sign for the future of Bitcoin

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It's good that someone is trying to do something, and not just blame!

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Nice to see mining firms taking the initiative

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U.S. company devises method to use coal waste to power cryptoThe vast amounts of electricity needed to mine bitcoin has ignited a debate about whether the energy behind the operation is worth the potential environmental costs. It can be useful to normalize energy usage, but it's a bit of a hacky solution. A modern grid would remove the necessity. Crypto devs must find a way to push a low energy coin to higher usage for the technology not to be regulated out of existence. Wait till they hear about gold mining/ smelting
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