• @[email protected]
    link
    fedilink
    English
    8
    edit-2
    13 days ago

    Bitdeer Technologies Group, a global leader in blockchain and high-performance computing, has completed the acquisition of a 101 MW site and gas-fired power project near Fox Creek, Alberta. The all-cash transaction, valued at $21.7 million, marks Bitdeer’s first venture in Canada and positions Alberta as a key player in the Bitcoin mining sector.
    https://majorprojects.alberta.ca/details/Bitdeer-Crypto-Mining-Facility-Fox-Creek/11568

    • @[email protected]
      link
      fedilink
      413 days ago

      I feel like everyone involved in a massive fossil fuel plant for bitcoin should be hanged for crimes against humanity.

      • @[email protected]
        link
        fedilink
        212 days ago

        It’s saying it’s going to be carbon net Zero through carbon utilization. For me it’s too ambiguous to blindly trust it’s not going to be harmful to the environment… I wonder if someone smarter can chime in.

        • @[email protected]
          link
          fedilink
          212 days ago

          I feel like even if it somehow was carbon net zero, which I doubt, the opportunity cost is huge. That energy could have been used for something useful instead, and still been carbon neutral.