AgriFORCE Ramps Up Bitcoin Mining Using Wasted Natural Gas

Source
Heecheol Yang

Summary

  • AgriFORCE announced it is ramping up its Bitcoin (BTC) mining business using wasted natural gas.
  • AgriFORCE has already mined 7 Bitcoins at the facility and revealed plans to install two more mining facilities within Canada.
  • The CEO of AgriFORCE highlighted the efficiency of converting gas into computing power for Bitcoin mining quickly, without having to wait for permits or power grid upgrades.

Canadian agtech firm AgriFORCE is launching a Bitcoin (BTC) mining business that utilizes wasted natural gas.

According to Cointelegraph on the 18th (local time), AgriFORCE, in partnership with energy company Blueflare Energy, is operating a Bitcoin mining facility in Berwyn, Alberta that uses wasted natural gas. Having already mined 7 Bitcoins at this facility, AgriFORCE plans to install two additional mining facilities within Canada in the future.

Jolie Kahn, CEO of AgriFORCE, emphasized the efficiency of Bitcoin mining, stating, "We convert gas into computing power within weeks, without waiting for permits or power grid upgrades."

Heecheol Yang

Heecheol Yang

heecheol@bloomingbit.ioHello, I'm a reporter at bloomingbit
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