3 Energy Sources That The Crypto Mining Industry Should Use

1. Geothermal

Geothermal energy is a renewable source of energy. This type of energy comes from the Earth’s heat. This is one of the key elements that make our planet ideal for living. The geothermal energy provides a magnetosphere that serves as a protection from radiation and other life-threatening situations, and it also produces heat so we convert it into electricity. There are a few places on earth such as Iceland that have a high volcanic activity and this allows us to get closer to this energy without any environmental impact. Geothermal power provides our planet with the most consistent power output. One negative side of this energy is that it’s limited to places with tectonic plate boundaries. This means that if we drill to explore for geothermal energy, it will cost an insane amount of money.

2. Solar Power

Solar power is probably the most widely used type of renewable energy. Panels use radiations from the sun and turn it into electricity. Many people are turning to this kind of energy because it’s less expensive and it is also eco-friendly. Today you can find many cheaper solar panels since their prices drop and are much more affordable and available to people than they were when they first showed up.

3. Waste

This type of energy uses many outputs as a source of recycled energy. First, we need to make a difference between thermal waste energy and non-thermal.

The first one produces organic waste in order to produce heat and later heat is used to produce electricity. However, this process produces some CO2 emissions. The second type uses bacteria to break down the organic waste. After this, the organic waste is turned into methane gas. Methane gas is later burned in order to get a generator that produces electricity.