Earn bitcoin with used tires? The crazy idea of ​​a recycling company

The new green giant – While global warming and ecological considerations agitate public opinion, certain private initiatives have the merit of trying to stem the problem. The fight against waste is particularly an important subject when we talk about fossil energy. This is why American companies are developing “lost” energy recovery systems. to mine bitcoin. We will see today how a company tries to solve the thorny problem of recycling used tires with the same kind of solution. Head to North Carolina, on the east coast of the United States, to take stock of this great idea.

The difficult recycling of tires on a global scale

The problematic related to tires are often overlooked. Too complicated to do without, lack of alternative solution, this aspect of the automotive industry is not really a media subject. However, it is estimated that 1.5 billion the number of used tires generated each year worldwide. What happens to this waste? They are – a choice – burnt, buried or crushed.

In any case, the US Environmental Protection Agency considers the treatment method to be unsatisfactory.an environmental point of view. Gigantic piles of used tires are waiting to be recycled in India, Kuwait or the United States. And that’s where it comes in Product Recovery Technology International (PRTI). This company founded in 2013 has made it its mission to solve this colossal problem. For this, they invented an original system of “thermal decomposition” one of a kind.

Bitcoin becomes an ally in the fight against energy waste

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Bitcoin could solve part of the problem

To do this, a maximum of tires are stored in cylinders about ten meters high. Then, the whole thing is slowly heated and after 11 hours of this treatment, solid fuel, gas, steel and oil are recovered. Chris Hare, CEO of (PRTI) explains:

“The essence of PRTI is to provide a solution to a problem that most people ignore. »

For the engineers company, each tire potentially represents a energy source usable. That’s why they renamed them “round batteries”. After that ? With the oil, petroleum and gas recovered in this way, all types of structures can be supplied with energy. And to make the project profitable, they use this caloric source to mine Bitcoin (BTC).

The idea is to create what they call “microgrids” which can then serve larger local networks. PRTI wishes to ensure the sustainability of the project and its feasibility on a large scale before developing larger facilities. But they are already planning to expand into Australia, the Middle East, Southeast Asia and even Western Europe.

Mining Bitcoin thus makes it possible to make profitable projects that need a lot of start-up investment. Once the installation is economically stable, the mobile mining units could be moved elsewhere. Decidedly, the examples of use virtuous of Bitcoin are multiplying all over the world. Upcycling tires in the USA, home heating in Canadamining ” green “ in Norway, we don’t stop progress anymore. One more stone in the garden of the detractors of the first crypto on the market.

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