Horeb Energy and Veolia Are Mining Bitcoin At 2.5¢/kWh With Colombian Landfil Biogas
Horeb Energy, in collaboration with Veolia, has successfully reduced electricity costs for Bitcoin mining to 2.5 cents per kWh by utilizing biogas from landfills in Norte de Santander, Colombia, which is significantly lower than the North American average.
WPN Brief
- What Happened
Horeb Energy, in collaboration with Veolia, has successfully reduced electricity costs for Bitcoin mining to 2.5 cents per kWh by utilizing biogas from landfills in Norte de Santander, Colombia, which is significantly lower than the North American average.
- Why It Matters
This achievement not only highlights the potential for cost-effective renewable energy solutions in cryptocurrency mining but also positions Horeb Energy and Veolia as leaders in sustainable practices within the industry, potentially influencing future investments and developments in this sector.