How feasible is Petro’s plan to mine Bitcoin in Colombia’s Guajira?

Key facts:
  • Bitcoin will be an alternative to the government that seeks to revive the country’s economy.

  • La Guajira has great potential for wind energy, which is useful for supplying bitcoin miners.

This Sunday, August 7, Gustavo Petro will take over as President of Colombia. He will take over a country mired in deep crisis, which is why many are wondering what stance the governor will take against Bitcoin (BTC).

Colombians live on the brink of chaos, with high poverty, inequality, inflation and indebtedness. Perhaps, for this reason, last year, Colombia was the third country with the highest growth rate Bitcoin owners and other cryptocurrencies around the world.

However, what position Petro will take in the cryptocurrency industry remains a mystery. It is only known that he may be a friend of Bitcoin from some of the comments he has made in the past.

He went on to highlight that Colombia has the potential to export clean energy for bitcoin mining. In fact, at that time, He praised the initiative launched in El Salvador to mine cryptocurrency using geothermal energy.

Several months ago, Pietro said Colombia could benefit from Guajira’s winds and waterfalls Create new forms of energy and Minar Bitcoin.

We can [los colombianos] They become the owners of these new forms of energy that we can connect to the computing of cryptocurrencies. And we’ll have another world together with the Wayuu communities, the coal workers in the Caesars and the black communities on the Colombian Pacific coast.

Gustavo Petro, the new president of Colombia.

Bitcoin mining in Colombian Guajira, a chance?

The government plan presented by Gustavo Petro for all Colombians proposes structural changes in the systems of work, pensions, education and health, as well as He proposes shifting the economy towards clean, non-extractive production.

Thus, it will be clear that the country will begin a transitional process of oil extraction, Towards a production focused on clean energyalthough the nation relies heavily on oil to generate foreign exchange.

Petro, since his campaign, has taken policies to preserve the environment and pointed out the country’s need to produce clean energy to run in accordance with international treaties, especially the Paris Agreement.

Renewable energy is a strategic bet for Colombia’s future and bitcoin mining can be a part of it, as Gustavo Petro mentioned before. Source: YouTube / Technology & Adventure.

All these plans We agree with the possibility of Bitcoin mining in Colombian GuajiraThis represents a great opportunity for the country that will search for alternatives to start operating all its production engines in the face of the current economic crisis.

Camilo Suarez, president of the Colombian Association of Blockchain Entrepreneurs (AsoBlockchain), recently stated in an exclusive interview with CriptoNoticias that, in fact, La Guajira is a distinct area of ​​clean energy production, and as such it is an area with great potential for bitcoin mining.

Gustavo Petro saw that the energy produced in La Guajira could be used for bitcoin mining. So what El Salvador does with geothermal energy, Colombia wants to do with the energy surplus that we have in La Guajira, is very viable. In fact, we’ve had several meetings with people from the area who have been very open to making this happen. Many of them don’t know what Bitcoin is and we’re working on it, but they want to produce clean energy.

Camilo Suarez, President of AsoBlockchain Colombia.

La Guajira has high potential for wind energy

Recently, the Ministry of Mines and Energy highlighted this La Guajira will be the “spot” of the energy transformation that has already been launched in the South American country. There are currently 16 wind projects and another 16 PV projects that have been awarded and are under construction.

It is expected that 2,500 MW of solar and wind power will be generated this year in La Guajira, and by the end of 2023 the figure will rise to 4,500 MW, according to local media Diego Mesa.

Mesa added that La Guajira has a high potential in wind power because winds exceed 9.8 meters per second, “twice the global average.”

In fact, Bitcoin mining focus on Creating renewable energy sources cleaner At sites currently powered by gas generators and other non-renewable energy sources.

 

 

 

 

 

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