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19 February 2020

Blockchain Firm BitFury Partners With UN on Forest Project in Kazakhstan

Blockchain Firm BitFury Partners With UN on Forest Project in Kazakhstan


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The project will start with the goal of creating 20 hectares that will consume the carbon dioxide generated by the local coal-powered electricity providers to fuel Bitfury’s operations.

“We will work with forests that are not being considered and managed.

It is exactly these forests that are threatened by the forest fires and illnesses.

Before this, several energy specialists had critiqued the perception that high energy consumption is Bitcoin’s “Achilles Heel,” arguing in favor of shifting the debate away from energy consumption and towards where that energy is produced and how it is generated

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cointelegraph.com
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