As the popularity and growth of Bitcoin continue to rise, investors and governments are investing their resources in the cryptocurrency. We recently saw the Central American country El Salvador become the world’s first country to accept Bitcoin as a legal tender. Now, a Canadian city has recently announced that it would become the world’s first city to use Bitcoin mining to heat houses.
The system to generate the heat through Bitcoin mining will be set up by early 2022. It will then become operational to prevent 20,000 tonnes of greenhouse gases (GHGs) to enter the atmosphere. This way the city of North Vancouver will become one of the first cities in the world to heat its buildings through Bitcoin mining.