The World’s First Waste-To-Energy Crypto Mine
PRTI and Standard American Mining have successfully built the world’s first waste-to-energy crypto mine.
TL;DR: PRTI and Standard American Mining have built the world’s first waste-to-energy cryptocurrency mine. We literally built a crypto mine on top of a persistent, renewable energy source that is completely independent from the utility grid, where we have 100% control over the power generation via the tire feed stock.
Cryptocurrencies are all the rage lately. People acquire tokens by (1) purchasing them on an exchange or (2) “mining” them (lending computing power to a blockchain network).
These mining projects range from amateurs in their dorm room with a few computers under the bed, to professional facilities consuming more power than a small municipality. Regardless of size, each cryptocurrency mine requires three inputs: hardware, software and energy.
Standard American Mining is built on the premise that the hardware and software will become commoditized over time, and the defensible advantage is in vertically integrating mines with non-traditional, near-zero cost energy sources.
This led us to PRTI, Inc — the global leader in turning tire waste into energy. Through their proprietary thermal demanufacturing process, PRTI takes whole car tires and turns them into oil, steel, carbon, and power. The business of turning tires into oil, steel, and carbon is lucrative, but the true value lies in monetizing the power in a new way.
Earlier this year, Standard American Mining and PRTI entered into a partnership to build the world’s first waste-to-energy cryptocurrency mine. We literally built a crypto mine on top of a persistent, renewable energy source that is completely independent from the utility grid, where we have 100% control over the power generation via the tire feed stock.
Solar power can’t do this. Wind power can’t do this. Hydro power can’t do this. Only waste-to-energy power can — and PRTI is a global leader.
Jason Williams, CEO of PRTI said it best when he said, “many people have tried to create and maintain waste-to-energy processes over the years. Not only have we proven an uncommon track record of driving results, but we have continued to innovate by capitalizing on a new, more profitable monetization strategy than our peers.”
Together, PRTI and Standard American Mining are incredibly excited to reveal what we’ve built. It’s our belief that the economic and environmental advantages we capture will become the standard for cryptocurrency miners around the world.
The vertical integration of computing power and waste-to-energy was only a matter of time. PRTI and Standard American Mining will remain at the tip of the spear in an effort to push the entire industry forward.
Because if not us, then who?
___________________________________________________________________
PRTI (www.prtitech.com)
PRTI is transforming America’s billions of waste tires into valuable commodities in a green, revenue and energy producing, zero-waste process. PRTI was founded in 2013 to take a new, technology-focused approach to the global problem of waste tires. The company partners with tire manufacturers, waste management companies and state & local government to provide paid tire disposal services. PRTI generates additional revenue by selling the industrial commodities produced. The headquarters in Franklinton, NC has processed over 13 million pounds of waste rubber material.
Standard American Mining (www.standardamericanmining.com)
Standard American Mining is building the global infrastructure for the Supercompute Revolution. Our facilities leverage non-traditional, near-zero cost energy to increase global computing power capacity — a resource we believe to be the most valuable in the world. (Announcement blog post)
___________________________________________________________________
If you enjoyed this post, please “👏” it in the bottom left corner so it will be shared with more people. You can always tweet me your thoughts as well.
Comments
Post a Comment