How Trash In Colombia Is Now Mining Bitcoin Cheaper Than Anywhere In America
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How Trash In Colombia Is Now Mining Bitcoin Cheaper Than Anywhere In America
"Colombian Bitcoin and crypto mining company Horeb Energy reveals 2.5 cents per kWh of green biogas energy in the North Santander region of the Latin American country. The company has achieved energy prices 50% lower than the North American average of 3.5 to 6 cents per kwh for Bitcoin mining operations, through a strategic alliance with multinational energy company Veolia. Authorized in 1853 by Napoleon III to help build out public water works infrastructure in France, Veolia is a global leader in environmental services focused on water, waste, and energy solutions. Today in Norte de Santander, Colombia, the company operates critical facilities dedicated to biogas valorization and solid waste management - a common problem in Colombia and Latin America in general, known for massive landfills. Veloia also operates the "Centro Inteligente de Gestión Ecológica" - CIGE Guayabal landfill, a pioneer in biogas systems development in the region."
"Horeb Energy - the Bitcoin mining arm of the operation - specializes in technological solutions for biogas treatment and renewable energy production from waste. "It's collaboration with Veolia in this pilot project sets a milestone for new sustainable business models in the global cryptocurrency mining sector," the company said in a press release, adding that "The project aims to reduce the region's carbon footprint significantly and demonstrates Veolia's strong commitment to accelerating the ecological transformation of local territories.""
"Through this pilot project, biogas generated at the CIGE Guayabal landfill by Veolia is transformed into electricity to supply a secure, standalone data center dedicated to cryptocurrency mining. Horeb Energy oversees advanced biogas filtration and energy conversion processes, and the Bitcoin mining dimension, which unlocks new economic models for energy infrastructure development in the region."
Horeb Energy secured green biogas electricity at 2.5 cents per kWh in Norte de Santander, Colombia, reaching energy prices roughly 50% below North American averages through a partnership with Veolia. Veolia operates biogas valorization and solid waste management facilities, including the CIGE Guayabal landfill. The pilot converts landfill biogas into electricity to power a standalone cryptocurrency mining data center. Horeb manages biogas filtration, energy conversion, and Bitcoin mining operations. The initiative aims to reduce regional carbon emissions and create new economic models for energy infrastructure development.
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