Cash crops: Dutch use bitcoin mining to grow tulips – Philstar.com - News Summed Up

Cash crops: Dutch use bitcoin mining to grow tulips – Philstar.com


Agence France-PresseDecember 12, 2022 | 8:10amAMSTERDAM, Netherlands — Tulips and bitcoin have both been associated with financial bubbles in their time, but in a giant greenhouse near Amsterdam the Dutch are trying to make them work together. That warmth is now heating the hothouse where rows of tulips grow, cutting the farmers’ reliance on gas whose price has soared since Russia’s invasion of Ukraine. ‘Improving the environment’But the low-lying country is keenly aware of the effect of the agricultural industry on climate change, while farmers are struggling with high energy prices. “We’re actually improving the environment.”He is also selling tulips online for bitcoin via a business called Bitcoinbloem. The collaboration started when Koning saw a Twitter video de Groot had made about bitcoin mining, and called him up.


Source: Philippine Star December 12, 2022 09:34 UTC



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