Bitcoin Mining A Lifeline For Virunga – Bitcoin Journal

Virunga Nationwide Park, positioned within the Democratic Republic of Congo, is Africa’s oldest protected area and a testomony to the biodiversity and pure fantastic thing about the continent. However the park has confronted rising strain from native militia teams which have waged violent assaults on its animals and staff, all whereas numerous issues, together with COVID-19, led to an prolonged closure of the park to vacationers, which it claims represents roughly 40% of its income.

A report within the MIT Expertise Overview describes how park director Emmanuel de Merode has turned to bitcoin mining to monetize the park’s ample pure assets which might be in any other case stranded in an effort to protect the park’s existence.

De Merode met with Sébastien Gouspillou, proprietor of Large Block Inexperienced Companies, which suggested El Salvador on its “Bitcoin Metropolis.” Gouspillou described how “[They] used to do mining by shopping for electrical energy — it wasn’t environment friendly. The cash possibly goes to oligarchs in Kazakhstan. In Virunga, we see it’s saving the park.”

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