BIOFARMS
A Biofarm is simple: it uses the energy needed by hydroelectric turbines 24 hours a day
The mining farm is built inside the plant itself, and cold water is also used to cool the systems. One of our future projects is to use heated water for domestic heating systems near the farm.
Biomine mining is therefore 100% eco-sustainable, we never use energy from other sources, we only use the kW that the turbine is able to supply 365 days a year.
Today, every bitcoin transaction requires the same amount of energy used to power nine homes in the United States for a day. And miners have to constantly install more faster computers. Already, the computing power of the bitcoin network is almost 100,000 times larger than the world’s fastest 500 supercomputers combined. The total energy use of this hardware network is enormous: about 70 terawatt hours a year, about double as Denmark. It can be said that every Bitcoin transaction consumes about 200kWh, more than 150 individual countries in the world consume less energy each year. And this thirsty network is currently increasing its energy consumption every day by around 450 gigawatt-hours, roughly the same amount of electricity that the entire country of Haiti uses in a year.
The mining consumes a lot because it gives a lot of security, there are less expensive systems to transfer or register properties on the net, but none guarantees the trustless like the blockchian, in particular that of Bitcoin, this is why despite being a difficult profession that of the miner, this is a industrial activity destined to become a new Fintech sector in which the cost of energy is a decisive parameter.
The Biofarms boxes are built directly near the turbines that produce the energy to power the miners, and the water that feeds them also becomes the cooling fluid for the air that conditions the box.
The same water, present in unlimited quantities and for free, is used without being polluted or wasted, and returned to the river until the last drop. In addition to radiators for air cooling, it also supplies exchangers that dampen the temperature of the dielectric oil in which our most advanced hardware is contained.
Our goal is to cool any miners with our patent-pending system. Free water allows us to lower the overall cooling costs from 50 to 80%.
Our first TRINITY and DIABLO turbines ensure 800kw of clean energy to be exploited 365 days a year, is a pilot project that has cost years of studies and efforts to find technical solutions compatible with cryptocurrency mining.
