Cryptocurrency Mining: How a UK Based Farmer Family Uses ‘Cow Muck’ for Generating Renewable Energy for Mining

With the rise of digital currencies like bitcoin, dogecoin, and ETH, one can see the consumers taking them so well in the market. However, whenever we talk about the mining of these coins, particularly bitcoin, the huge amount of energy consumption remains the key thing. The fact of the matter is one can find a massive amount of energy that would be needed for mining these digital currencies. This has remained a big concern for the digital currency enthusiasts as they have expressed their concern for the said issue. But the detractors now can see some examples coming along with a sign of relief as they can now see examples about facts as to how they can save energy using the options like renewable energy for mining. As per reports, a family of farmers based in the UK has embarked on a casual solution to defy the issues of energy consumption as they have used renewable energy for the said procedure. Explore more on BitBolt.

Their idea of mining the digital assets seems to grab good news and headlines in the media that are seen coming along with a simple energy source that seemed to have come along with abundance, including cow muck. Yes, what you hear is right, as the family called the Philip Hughes family are now relying on some robust kind of computers are seen running seeking the help of renewable energy that is seen generated using cow much for mining of the digital currencies. Mining digital currencies is an expensive affair. It did require a huge amount of energy in the form of electricity, and at the same, it damages the environment in a big way. The matter is with the CEO of Tesla, and companies like SpaceX, called Elon Musk, too, have expressed their concern about this issue. They are now announcing that they would not be going to accept Cryptocurrency as their payment choice. One of the key reasons why he has taken such a decision is the huge amount of carbon footprint that has been involved in the process of mining.

The said family, based in Bury, UK, expects to change certain conditions using renewable energy, which further transforms some cow-based manure into some form of energy employing digital currencies around the year. Joh RIddet, who remains a member of this family, seemed to have embarked on a venture called Easy Crypto Hunter some four years ago in 2017. Recently, the said company of this man was coming along with bookings of around 51.6 crores in Indian rupees. Riddett was also seen claiming that BBC has embarked upon some set of inquiries along with several other farmers that are seen calling upon regarding the project. Earlier in 2020, the said man from the family was seen attending one of the summits of the EU carried out on digital currency. In the statement, he claimed that Musk was simply wasting billions of money in investing in the digital currency market while he even claimed that mining bitcoin could be a bad idea from an environmental point of view wherein his company did not choose much to make the planet green. He concluded by saying that Musk had the choice of using his computers to mine loads of money in greener space even while opting for digital currency.

Now, let's check how things work for this option of conserving renewable energy. The family members own a good amount of farm, and they have around 40 mining computers that are working round the clock. They are getting the power from the machines enabled by Anaerobic Digestion that are competent enough to convert the cow dung into the said energy that further is used to mine the digital currencies. There are several farmers who are seen relying on renewable energy sources, including hydro, solar, wind, and other types of anaerobic digestion that can further sell an amount of power to the groups like NG that goes to around 4 to 7 pence KWhr. But as they say, they have the option of earning more than ten times what they are doing at the moment, claims the reports of the group called Off-Grid Energy group. Even the firms like Easy Crypto Hunter are also vouching for this option in a big way.