Mining Bitcoin (BTC) and other cryptocurrencies: professor produces energy from human faeces
In South Korea, a professor at the National Institute of Science and Technology, created a toilet system that enables energy production for cryptocurrency mining. It’s a revolutionary idea that is already gaining a lot of attention.
Reuse faeces differently
What do you think of when hearing “Shitcoin“? If you’ve thought of the term referring to useless and techless altcoin projects, you’re not entirely wrong. However, soon ‘Shitcoin’ will no longer be associated with this. In fact, it’s bound to break new ground.
At a South Korean university, students earn cryptocurrencies with the help of energy generated by their excrement. The genius behind this idea is Cho Jae-weon, professor of urban and environmental engineering. His invention is an eco-friendly toilet system that produces fertilizer and energy from human faeces.
To make his invention work, Jae-weon incorporated a vacuum pump that redirects excreta into an underground reservoir to produce methane. The professor tested his invention in real time to supply the university, water heaters and gas stoves with energy. Each of the experiments proved to be a success.
“If we think outside of the box, faeces have precious value to make energy and manure. I have put this value into ecological circulation,” the professor said.
Cryptocurrency at the heart of Cho Jae-weon’s experience
The professor hoped that this invention would also be useful for mining cryptocurrencies, in particular a token called Ggool. Each student using the toilet earns 10 Ggool. If they use it to order books on campus or buy bananas, coffee and other products at university, they earn another 10 Ggool.
This experiment is interesting and appeals to many people. According to Jae-weon, human faeces could be used to generate up to 0.5 kilowatt-hours of electricity. This is enough to power an electric vehicle for up to 1.2 kilometres.
Cho Jae-weon’s invention comes at the right time, especially as cryptocurrency players increasingly turn to more environmentally friendly sources of energy. According to the Bitcoin Mining Council, 56% of mining systems currently use renewable energy sources.
Human faeces are a crucial source of renewable energy, according to Cho Jae-weon. The professor has developed a system of public toilets through which the excrement is used to generate energy that can power university buildings. It remains to be seen whether this system can be adapted to the realities of the crypto world in the long term or adopted at all.
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Loin d’avoir refroidi mes ardeurs, un investissement infructueux en 2017 sur une cryptomonnaie n’a fait qu’accroitre mon enthousiasme. Je me suis dès lors résolu à étudier et comprendre la blockchain et ses nombreux usages et à relayer avec ma plume de l’information relative à cet écosystème.
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.