According to a new documentary by Compass Mining, the Navajo have been mining bitcoins (BTC) since 2017, but this year they managed to double the size of their facilities to house a total of 3,000 miners at the hands of a small Canadian firm called West Block. .
There are several factors in this activity that greatly benefit the Navajo, as they are managing to grow their energy infrastructure, but they are also managing to determine the use they give to their territory.
The data of interest that Bitcoin can contribute to change are, according to the documentary, the fact that 48% of Navajos are unemployed, 40% do not have access to water supply, 32% live off the electricity grid, and 1 out of 3 Navajos live below the poverty line.
The Bitcoin mining farms are powered by solar energy, and the Navajo Nation, a 71,000 km² Indian reservation between the states of Arizona, Utah, New Mexico, in the west of the country, is located.
According to William Foxley, media director of Compass Mining, the Navajo nation is subject to federal laws that prevent it from having control over its territory, the infrastructure that is built in this reserve, and the energy sources such as coal and uranium that there they find each other.
Renewables in the Navajo Nation Fuel Bitcoin Mining
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