Navajos use clean energy for Bitcoin mining

Navajos use clean energy for Bitcoin mining

2021/11/8

According to the Compass Mining mini-documentary, the Navajo, a Native American inhabitant of the southwestern United States, uses clean energy for mining. It is reported that in 2017, a small Canadian company called West Block approached the Navajo to build an 8 megawatt (MW) mine on Navajo land. The Navajo invested in the mine during the 2018 bear market. Three years later, the mine has become the most profitable business in the local area. In addition, 58% of the energy in the mine has come from solar farms, which inspired the Navajo to build renewable energy to replace coal.

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