Heat Recycling — Redemption for Crypto Mining — Part 2
Mining Farm for Central Heating — Carbon Neutral Mining
Matrix has always taken “More Public Benefits” as one of its missions. Previously Matrix introduced AI computing into its consensus algorithm and invented Hybrid PoW to utilize spare computing power. And now Matrix is about to welcome another breakthrough: heat from mining farms will be used to warm up cities.
The mechanism behind this is to use insulating liquid to collect heat emissions from the Apocalypse miners, and then send the energy to where it’s needed with the help of an AI-assisted Heat Exchange System.
Most of North China utilizes central heating during winter, which obviously could harm the environment. Matrix’s new method will help not only to lessen the harmful impact on nature, but also pioneers a less wasteful mining solution with environmental protection as a top priority.
Dadamutu Village School in Ghulja, Xinjiang was the first to experience this new innovation. For the entire winter of 2020, heat from Matrix’s Apocalypse mining machines kept those classrooms and dorms at a temperature above 24 degrees, using only a third of the energy compared to furnaces.
Social Benefits of Matrix’s Carbon Neutral Mining
Matrix’s Carbon Neutral Mining is the solution to the difficulties Bitcoin mining farms are facing. If Matrix’s innovation is adopted on a massive scale, the tremendous social value this creates will make crypto mining relevant for China again.
According to Matrix, besides adapting existing mining farms for heat recycling, the team is also seeking to apply its innovative technologies in Internet data centers, supercomputing centers and other scenarios where cooling is needed to help reduce emissions.
Conclusion
It is not necessarily mining that gives the crypto industry such a bad name, but rather the fact that mining wastes so much energy that it can’t be allowed a place in our carbon-neutral future. If there is a way around this, then the long-term growth of the crypto industry is guaranteed. In this sense, China’s ban on Bitcoin mining has given Matrix just the right opportunity to shine, and Matrix will carry through with its promise of “More Public Benefit” and pioneer a greener crypto economy.
Matrix AI Network leverages the latest AI technology to deliver on the promise of blockchain.
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