Cryptocurrency

The Laboratory for Sustainable Development Issues at the Presidential Academy has proposed generating <a href="https://ultramining.com/news/en/minnesota-man-faces-accusations-of-electricity-theft-for-bitcoin-mining/" rel="noopener noreferrer nofollow">electricity</a> for cryptocurrency mining through the processing of manure via combustion and bacterial decomposition methods. This innovative approach converts gas produced during manure processing into electricity, which can be used by industrial enterprises and mining centers, according to <a href="https://happycoin.club/ranhigs-predlagaet-ispolzovat-dlya-majninga-czifrovyh-valyut-navoz/" rel="noopener noreferrer nofollow">Happycoin</a>.
The study’s author, Sodnom Butadarov, asserts that mining cryptocurrency could help recoup the costs of waste processing equipment and invest capital in various financial assets. This proposal comes in the wake of Russian President Vladimir Putin's call for timely systemic solutions to regulate cryptocurrency mining. The proposal reflects growing concerns over energy shortages in certain regions due to the rising energy demands of <a href="https://ultramining.com/news/en/cryptocurrency-miners-strike-gold-with-record-13-9b-net-profit/" rel="noopener noreferrer nofollow">cryptocurrency miners</a>.
This initiative aims to develop the country's cryptocurrency mining industry while addressing energy deficits. As miners consume increasing amounts of energy, other sectors suffer from shortages. This was a key issue discussed in a recent meeting with the President.&nbsp;
The proposed use of manure could alleviate energy deficits, presenting an eco-friendly and innovative solution to power cryptocurrency mining. This development could mark a significant step towards sustainable energy practices in the mining industry, providing a dual benefit of waste management and energy production.

Russian Academy Proposes Using Manure for Cryptocurrency Mining Power

Ultramining_Eng

Other articles published on Jul 25, 2024

WazirX India Suspends Withdrawals After $234.9M Theft Reported

Can Render reach $25 in 2025?

Bitstamp Next: Final Batch of Mt. Gox Payouts To Commence—Here’s When

Traders see ETH’s $3.2K pullback as a ‘buy’ while ETFs build steam

Galaxy Digital Raises $113 Million For Crypto CV Fund, Targets $150M

BlackRock Ethereum ETF Hits $277M Amid Market Dip and Mixed Reactions

Join our free newsletter for daily crypto updates!