In the Netherlands, a warehouse switched from natural gas to Bitcoin miner heating, saving money, energy, and the environment.
This is another win for Bitcoin(BTC) miners and the environment. Bitcoin miners have been installed in a Dutch warehouse to replace natural gas-powered heating systems.
A Dutch entrepreneur, Bert de Groot founded Bitcoin Brabant, a company that facilitates businesses’ adoption of Bitcoin. He’s always looking for ways to save energy, money, and the planet with Bitcoin mining.
De Groot installed Bitcoin miners at a greenhouse this year to maintain the perfect temperature for flowers to bloom while reducing dependence on polluting natural gas. Thus, de Groot was naturally delighted when he learned that a warehouse owner had 50-megawatt hours (MW/h) of spare electricity. The cost of their natural gas heating rose dramatically, so he saw the potential for Bitcoin mining.
A solar panel installation on the roof of the warehouse produced 50 MW/h of surplus electricity,
Bitcoin miners solve three problems: First, they allow surplus renewable energy to be used for something profitable. As a second benefit, Bitcoin miners generate vast amounts of heat, which can be utilized as a radiator if harnessed correctly. Third, while torching natural gas to heat the warehouse is spoiling, a solar-powered Bitcoin miner is environmentally friendly.
Natural gas prices in Europe are currently skyrocketing due to scarcity. As a result, the cost of heating the warehouse keeps rising. Solar energy, on the other hand, is abundant, and once the startup costs are covered, it is nearly free. To top it all off, the warehouse now has a negative carbon footprint.