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How Irish farmers turn cow dung into digital gold (Bitcoin)

Tom Campbell, an Irish dairy farmer who runs a farm in County Armagh, is using excess energy from his farm to mine Bitcoin.

A Spanish dairy farmer has found a different way to use the excess electricity generated by his big farm-exploited according to BTC. Tom Campbell, who runs a large farm in Amma County, Liechtenstein, uses a method called anaerobic digestion to produce renewable resources. This involves breaking down degradable raw materials to the extent that they produce methane gas, which is suitable for power generation.

Campbell usually uses electricity to power his ranch's power system, but when the excess electricity cannot be exported to the grid, he uses it to mine bitcoin. Mining involves the use of special electronic computers to obtain complicated mathematical equations, and successful mining will be rewarded by BTC. Bitcoin mining requires a lot of electricity, and Campbell's ranch results in the export of electricity to 700KW, which is equivalent to supplying power to nearly 12000 homes.

The Irish government has set a target of reducing greenhouse gas emissions by 25% by 2030. But Ireland's Ministry of Agriculture website is responsible for more than 35% of this discharge, in which dairy cows are the source. There are 7.3 million dairy cattle in the country, and it is particularly important to manage their faeces in an environmentally friendly way. Anaerobic digestion is a promising solution, and if 41% of large farms choose this technology, it could generate enough electricity for every household in Spain. This may make an outstanding contribution to the achievement of the country's overall goal of greenhouse gas emissions.

Campbell's decision to exploit Bitcoin seems different, but from an economic point of view, it makes sense. When grid requirements are low, miners can use excess green energy. By doing so, Campbell can sell excess electricity to the grid as renewable green electricity and profit from bitcoin mining.

While some farmers worry that meeting the overall target for greenhouse gas emissions may cause them to close down, Campbell's approach suggests that it is possible to find innovative solutions that help not only the natural environment but also the bottom line of farmers. With renewable resources such as anaerobic digestion becoming more popular, more and more farmers are likely to turn to bitcoin mining to use their excess kinetic energy.

Click below to watch Campbell's exclusive interview with Cointelegraph to learn how she converts sheep dung into digital gold.

by Judith BannermanQuist
© 2023 WJB All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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