The idea of combining a decentralized data storage and payment system was most vividly described in the white paper “Bitcoin: A Peer-to-Peer Electronic Cash System”.
Some companies conducted research in the field of green mining long before I. Musk's tweets and the rise in energy consumption of the Bitcoin network. In particular, BiXBiT has been developing environment-friendly mining since 2017.
During this event, BiXBiT paid more attention to the integration of our installations in the heating and hot water supply systems of a private house, the prototype of a smart boiler and the development of hosting mining services.
Product supply will be carried out through HODL Ranch
The companies plan to create an improved version of an intelligent boiler capable of mining cryptocurrencies while simultaneously heating residential buildings and industrial facilities.
Under the terms of the agreement, it is planned to use mining equipment on immersion cooling and convert the heat generated by it for heating residential buildings in the region, farms and greenhouses.