Green Block Mining Corp. LGLOF

Link Global is a Bitcoin-mining host with a difference

[AbbasHaider]

Financial Post published an article on Link Global Technologies. The article discusses the well-founded concerns about carbon emissions from electricity generation associated with crypto mining and Link Global's commitment to being carbon-neutral by 2030.

Cryptocurrencies are rapidly growing in popularity among investors of all ages and account sizes. Bitcoin had a tumultuous summer in 2021 but its value is rallying right now. And the mining of Bitcoin is considered an environmental disaster. This issue is due to the enormous energy demands of the powerful computers that validate blockchain transactions and churn through the challenges required to earn new Bitcoins. That drain on electrical grids and strain on the environment can scare away an ever-expanding number of eco-conscious investors.

A Vancouver, B.C.-based host of Bitcoin miners, Link Global doesn’t just plug thousands of computers into the local power grid, drawing down enough electricity to light up a small town. Rather, it’s carving out a unique position in the crypto mining market by creating its own green energy sources. Its target? Some of the roughly 97,000 orphan natural gas wells in Alberta. Link Global leases or buys the orphan wells, installs generators powered by natural gas, then the electricity they produce runs Bitcoin miners. The company isn’t stopping there in its quest to make its mining facilities greener. In July 2021, the company signed on to the Crypto Climate Accord (CCA), a private sector-led initiative to find solutions that accelerate crypto’s transition to renewable energy.


Find out more about Link Global Technologies: https://linkglobal.io/

Read the full article: https://nationalpost.com/_preview/business-trends/link-global-is-a-bitcoin-mining-host-with-a-difference-a-clean-energy-difference/wcm/80acd0ba-85dd-4c5c-9e1c-6f2c8a4efe8a/?xur=strange&client_id=bfcbe01b-e82e-4651-a8ff-f2f1187c3764