Bitcoin mining powers Dutch tulip hothouses


A cryptocurrency miner and a flower grower have joined forces to scale back prices and improve effectivity.

The 2 corporations, based mostly within the Netherlands, are utilizing blockchain expertise to streamline their operations. The miner is liable for verifying transactions on the Bitcoin community, whereas the flower grower provides tulips to prospects around the globe.

The tulip business has suffered this yr within the Netherlands, simply as Bitcoin and the crypto business have suffered throughout a year-long market turndown.

Dutch second largest agricultural exporters

The Dutch are the second largest exporters of agriculture on the planet after the USA, and they’re the largest world producer of tulips. Nonetheless, some greenhouse farmers have needed to shut their operations because of the excessive value of power for heating their greenhouses.

In an article revealed on Wednesday by EuroNews, Dutch flower farmer Danielle Koning was quoted as saying:

“Some growers have determined, due to the rise in gasoline costs, to cease rising this yr and see what occurs subsequent yr. And in some instances it results in chapter,”

Tulips be part of forces with Bitcoin

The article describes how Koning’s flower enterprise teamed up with a bitcoin mining firm with a purpose to use the surplus warmth generated by mining machines to warmth tulip hothouses.

With some bitcoin critics typically evaluating the cryptocurrency business to the spectacular failure of the tulip bulb mania within the Netherlands of the 1700s, maybe they’ll get some mileage out of this story of each industries combining.

In actuality, the collaboration between a cryptocurrency miner and a flower grower could possibly be only the start of many extra partnerships between completely different industries sooner or later as blockchain continues to revolutionise how we do enterprise at this time.

Disclaimer: This text is offered for informational functions solely. It’s not supplied or meant for use as authorized, tax, funding, monetary, or different recommendation.

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