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Tuesday

22 June 2021

Who Needs Coal When You Have Cow Dung? Cryptocurrency Mining Goes Brown

Who Needs Coal When You Have Cow Dung? Cryptocurrency Mining Goes Brown


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But, UK-based entrepreneur Josh Riddett hopes to change that with his renewable energy business, which turns cow dung into energy through anaerobic digestion.

Riddett set up Easy Crypto Hunter in 2017, selling mining equipment to farmers, who, in turn, use it to harness cow dung into energy.

Meaning, the use of ASIC mining equipment to mine these cryptocurrencies offers little advantage.

Large corporations with deep pockets dominate this sector, competing with the latest ASIC miners while basing operations in the cheapest energy spots.

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