North Vancouver Plans To Be The World’s First City Heated By Bitcoin
Bitcoin (BTC) mining is an energy-intensive industry. One of the major by-products of mining – excess heat created by computational efforts – has mostly just gone to waste. Recently, many have been asking if there is a way to put that heat to better use and turn it into sustainable energy for others. As a […]
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Bitcoin mining company MintGreen to deliver innovative low-carbon mining waste solution to heat City of North Vancouver, BC.
Vancouver is a beautiful city. It has perhaps the most livable climate in Canada and is known for its natural beauty, great food, and progressive culture. It’s also headed to be the world’s first city heated by Bitcoin mining. In other words, Bitcoin is literally heating up Vancouver. On Next Earth, you can buy a […]
A Vancouver politician says the city should allow residents to pay their taxes, fines and fees using bitcoin. Jason Lamarche won 37,286 votes in a recent council election, and now he says he would solicit bitcoin donations if he chose to run again. In an interview with the Georgia Straight, Lamarche questioned why municipal politicians aren't discussing bitcoin's disruptive potential. He pointed out that many people describe Vancouver as the Silicon Valley of the north, yet the city is not doing much to promote new technology. Lamarche explained: "Well, when we have companies that are....
The recovered energy will be used to heat 100 residential and commercial buildings in North Vancouver, with a population of roughly 155,000. MintGreen, a Canada-based cleantech cryptocurrency miner, will be partnering with the Lonsdale Energy Corporation to supply heat to residents of North Vancouver in British Columbia starting in 2022.In a Thursday announcement, MintGreen said its “digital boilers” — which it claims can recover more than 96% of the electricity used for Bitcoin (BTC) mining — will prevent 20,000 metric tons of greenhouse gases per megawatt from entering the atmosphere....
The city of Vancouver could soon take a step into the future. As New York is about to take the Chinese route and cut itself from yet another industry, Vancouver considers “using an unconventional method: harnessing the heat emitted from” bitcoin mining. If signed, the contract between the Lonsdale Energy Corporation and Canadian mining operator […]