Korean professor uses bio-waste to mine cryptocurrencies

A “shitcoin” may no longer be just a term used to describe altcoin projects with questionable value propositions, as a South Korean university professor took the term to a more literal dimension.

Cho Jae-weon of the National Institute of Science and Technology in Ulsan, South Korea, has developed an environmentally friendly toilet system that produces fertilizer and energy from human excrement.

Jae-weon, professor of urban and environmental engineering, said the toilet system contains a vacuum pump that diverts human waste into an underground tank to produce biogas (methane).

Korean professor uses bio-waste to mine cryptocurrencies
Korean professor uses bio-waste to mine cryptocurrencies

Allegedly, the professor’s experiment is supposed to run a university building, gas stoves and water heaters with biogas.

â ???? If we think from a different perspective, feces have valuable value in producing energy and compost. I have brought this value into the ecological cycleâ ????said the professor.

Jae-weon’s experiment also has a digital currency component with a native token called Ggool, which is used to incentivize the introduction of the green toilet. Students earn 10 Ggool a day using the bathroom and using the digital money to buy coffee, bananas and even books on campus.

In detailing the viability of human excrement as an energy source, the professor explained that the excrement produced by the average person could produce up to 0.5 kilowatt hours of electricity, which is enough to power an electric vehicle for up to three-quarters of a mile.

Crypto mining actors are moving towards more environmentally friendly energy sources, especially given the current legislature’s response to the process’s alleged carbon footprint. The Bitcoin Mining Council estimates that 56% of Bitcoin mining currently uses sustainable energy sources.

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