Stronghold Digital Mining bought a coal-fired power plant to mine cryptocurrency in an environmentally beneficial manner.
Now spent coal releases carbon dioxide into the air, and aluminum, iron, manganese, and other toxic substances into the soil and groundwater.
The company noted that this production is profitable in all respects: from 200 tons of such coal you can produce one bitcoin, or approximately $43 thousand at the current exchange rate.
The company continues to acquire coal-fired power plants and today it has already cleared 400 hectares of land previously filled with waste material.
Stronghold Digital Mining plans to provide power to more than 20 thousand miners. At the same time, only the nearest coal dumps are enough for the continuous mining of cryptocurrency for 30 years.
Read more:
Astronomers accidentally find two galaxies at the edge of space and time
People first descended to the bottom of the "Hell's Well": what did they find there
Chinese jet drone flies a record 20 hours at a speed of 800 km / h