Why is a Guatemalan Mayor mining Bitcoin? Tackling FUD with biogas and BTC

2 years ago

The Bitcoin (BTC) assemblage is astatine it again, dismantling FUD and orange-pilling officials successful far-flung destinations. 

At the ft of Lake Atitlán, a bucolic yet impoverished portion of Guatemala, a Bitcoin task has managed to get a miner into the hands of the section mayor. The process has boosted section incomes portion besides improving the aerial quality.

In Panajachel, Guatemala a assemblage of astir 20,000 radical is coming astir to Bitcoin aft the section mayor, Cesar Piedrasanta was talented an aged S9 Bitcoin miner. It’s the first municipality successful Central oregon South America to excavation BTC.

Bill Whittaker and Patrick Melder presenting the Mayor with a miner. Source: Medium67corvette

While this is exceptional successful itself, determination are 2 important consequences. Firstly, mining with a “5-year old” miner helps to “address the physics discarded (or ‘e-waste’) communicative associated with bitcoin mining,” Bill Whittaker, portion of the Bitcoin Lake team, told Cointelegraph.

E-waste refers to the replacement of carnal mining infrastructure with newer, much businesslike models. A New York moratorium connected mining precocious addressed the reported contented recently, and a study by Science Direct claims that 1 Bitcoin transaction produces 272 grams of e-waste owed to mostly aged mining equipment. However, the Guatemala Mayor is managing conscionable good with his aged S9.

Secondly, with the proceeds from the Bitcoin miner, the squad hopes to resoluteness issues affecting the wastewater attraction plant.

The wastewater attraction works wherever the archetypal 2 s17s miners volition beryllium plugged in. Source: Twitter

The discarded attraction works (WWTP) is simply a dense polluter “due to cracked seals located connected apical of the plant's digester, determination is not capable unit to flare the plant's methane emissions.” As a result, the unpleasant and smelly pollutants are contaminating the air.

Whittaker and the squad mean to repair the WWTP, past seizure the biogas that utilized to leak to beryllium utilized arsenic a powerfulness root for vigor generation. It's a win-win-win:  cleaner air, renewable energy, much Bitcoin.

3/
- Re-flaring of the WWTP's methane byproduct volition not lone amended aerial quality, but volition let for a controlled seizure and investigation of the plant's biogas production.

- Use Panajachel's WWTPs biogas to nutrient energy and powerfulness further Bitcoin miners. pic.twitter.com/CV9CWF6LYW

— WildBTC (@BillWhittaker11) March 28, 2022

Whittaker expounds, “poorer countries/municipalities bash not person the resources to make costly fossil-fuel electricity, but they bash make plentifulness of methane-producing waste.” This discarded tin not lone excavation Bitcoin but consequently make a monetary instrumentality for the section people:

“The extremity of this proof-of-concept is to seizure the wasted substance and person the biogas into electricity/bitcoin.”

Biogas arsenic a powerfulness root for Bitcoin mining is increasing in popularity: a Slovakian Bitcoin miner puts the discarded to work, portion the Guatemalan task is lone conscionable flexing its muscles.

Whittaker is keen to item the “real stars of the show” progressive successful the project: 2 precocious schoolhouse seniors called Madaket and Kate. They “came up with the thought of focusing connected sustainable bitcoin mining for their precocious schoolhouse elder project”.

Related: Gas heater broke down? I'll conscionable vigor my caravan with a Bitcoin miner

In this Instagram video, they explicate however Bitcoin is “the aboriginal currency.” It's wide the girls are determined to undermine the antagonistic misconceptions associated with Bitcoin and Bitcoin mining. Whittaker says “they volition contiguous the municipality of Panajachel 2 further ASIC machines (s17+). These machines volition beryllium powered up astatine the discarded attraction plant.”

Madaket and Kate moving connected the Bitcoin miner to bring down to Guatemala. Source: Twitter

Ultimately, capturing inexpensive wasted vigor is the sanction of the crippled erstwhile it comes to small-scale Bitcoin mining. Even Senator Ted Cruz says Bitcoin miners bash good to seizure wasted resources and enactment them to bully use.

For Whittaker, projects specified arsenic mining successful Panajachel amusement conscionable however impactful grassroots movements from the Bitcoin assemblage tin be:  

"Greenpeace and Chris Larsen walk $5mm connected 'change the code' FUD, these 2 girls are self-funding carbon-negative bitcoin mining R&D, portion astatine the aforesaid clip making the decentralized web stronger and wider."
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