AgriFORCE Growing Systems Combines Bitcoin Mining and Agriculture to Drive Sustainable Solutions
AgriFORCE Growing Systems (NASDAQ: AGRI) has launched sustainable agricultural operations at its newly acquired Bitcoin mining facility in Sturgeon County, Alberta. The innovative project combines Bitcoin mining with agriculture by utilizing excess heat and carbon emissions from mining operations to support crop cultivation and aquaculture.
The facility, powered by an on-site generator using flared gas, implements carbon capture and heat reuse technologies to cultivate white-legged shrimp, nutrient-dense micro-greens, and high-demand red seaweed. This integrated approach aims to offset greenhouse gas emissions while contributing to food security and economic development in the region.
The company emphasizes that this model creates multiple revenue streams by repurposing stranded gas assets and modular systems, demonstrating a scalable solution that could be implemented globally.
AgriFORCE Growing Systems (NASDAQ: AGRI) ha avviato operazioni agricole sostenibili nella sua recentemente acquisita struttura di mining di Bitcoin a Sturgeon County, Alberta. Il progetto innovativo combina il mining di Bitcoin con l'agricoltura, utilizzando il calore in eccesso e le emissioni di carbonio delle operazioni di mining per supportare la coltivazione di piante e l'acquacoltura.
La struttura, alimentata da un generatore sul posto che utilizza gas flaring, implementa tecnologie di cattura della carbonio e riutilizzo del calore per coltivare gamberetti a gamba bianca, micro-greens nutrienti e alghe rosse ad alta richiesta. Questo approccio integrato mira a compensare le emissioni di gas serra contribuendo al contempo alla sicurezza alimentare e allo sviluppo economico della regione.
L'azienda sottolinea che questo modello crea molteplici flussi di entrate riproponendo beni in gas non utilizzati e sistemi modulari, dimostrando una soluzione scalabile che potrebbe essere implementata a livello globale.
AgriFORCE Growing Systems (NASDAQ: AGRI) ha lanzado operaciones agrícolas sostenibles en su recién adquirida instalación de minería de Bitcoin en Sturgeon County, Alberta. El innovador proyecto combina la minería de Bitcoin con la agricultura al utilizar el calor excesivo y las emisiones de carbono de las operaciones mineras para apoyar el cultivo de cosechas y la acuicultura.
La instalación, alimentada por un generador en el sitio que utiliza gas flaring, implementa tecnologías de captura de carbono y reutilización de calor para cultivar camarones de patas blancas, microgreens ricos en nutrientes y algas rojas de alta demanda. Este enfoque integrado tiene como objetivo compensar las emisiones de gases de efecto invernadero mientras contribuye a la seguridad alimentaria y al desarrollo económico de la región.
La empresa enfatiza que este modelo crea múltiples flujos de ingresos al reutilizar activos de gas confinados y sistemas modulares, demostrando una solución escalable que podría implementarse a nivel mundial.
AgriFORCE Growing Systems (NASDAQ: AGRI)는 앨버타 주 스터전 카운티에 새로 인수한 비트코인 채굴 시설에서 지속 가능한 농업 운영을 시작했습니다. 이 혁신적인 프로젝트는 비트코인 채굴에 의해 발생하는 잉여 열과 탄소 배출을 활용하여 작물 재배 및 수산 양식을 지원하여 농업과 채굴을 결합합니다.
현장에서 설치된 가스 플레어링을 사용하는 발전기로 전력을 공급받는 이 시설은 흰다리새우, 영양이 풍부한 마이크로그린, 높은 수요의 빨간 해조류를 재배하기 위해 탄소 포집 및 열 재사용 기술을 구현합니다. 이 통합된 접근 방식은 온실가스 배출을 상쇄하면서 이 지역의 식량 안보와 경제 발전에 기여할 것을 목표로 하고 있습니다.
회사는 이 모델이 고립된 가스 자산과 모듈러 시스템을 재활용함으로써 여러 수익원을 창출하며, 전 세계적으로 구현될 수 있는 확장 가능한 솔루션을 시연한다고 강조합니다.
AgriFORCE Growing Systems (NASDAQ: AGRI) a lancé des opérations agricoles durables dans sa nouvelle installation de minage de Bitcoin acquise à Sturgeon County, Alberta. Ce projet innovant combine le minage de Bitcoin avec l'agriculture en utilisant la chaleur excédentaire et les émissions de carbone des opérations de minage pour soutenir la culture des récoltes et l'aquaculture.
L'installation, alimentée par un générateur sur site utilisant du gaz brûlé, met en œuvre des technologies de capture du carbone et de réutilisation de la chaleur pour cultiver des crevettes à pattes blanches, des micro-végétaux riches en nutriments et des algues rouges très demandées. Cette approche intégrée vise à compenser les émissions de gaz à effet de serre tout en contribuant à la sécurité alimentaire et au développement économique de la région.
L'entreprise souligne que ce modèle crée plusieurs sources de revenus en réaffectant des actifs gaziers abandonnés et des systèmes modulaires, démontrant une solution évolutive qui pourrait être mise en œuvre à l'échelle mondiale.
AgriFORCE Growing Systems (NASDAQ: AGRI) hat nachhaltige landwirtschaftliche Betriebe in seiner neu erworbenen Bitcoin-Mining-Anlage in Sturgeon County, Alberta, gestartet. Das innovative Projekt kombiniert Bitcoin-Mining mit Landwirtschaft, indem überschüssige Wärme und Kohlenstoffemissionen aus den Mining-Operationen zur Unterstützung des Anbaus von Pflanzen und Aquakultur genutzt werden.
Die Anlage, die von einem vor Ort installierten Generator betrieben wird, der abgefackeltes Gas verwendet, implementiert Technologien zur Kohlenstofferfassung und Wärmewiederverwendung, um Weißbeine-Garnelen, nährstoffreiche Mikrogemüse und stark nachgefragte rote Algen anzubauen. Dieser integrierte Ansatz zielt darauf ab, Treibhausgasemissionen auszugleichen und gleichzeitig zur Ernährungssicherheit und wirtschaftlichen Entwicklung in der Region beizutragen.
Das Unternehmen betont, dass dieses Modell mehrere Einnahmequellen schafft, indem es ungenutzte Gasreserven und modulare Systeme umfunktioniert, was eine skalierbare Lösung demonstriert, die weltweit umgesetzt werden könnte.
- Integration of Bitcoin mining with agriculture creates multiple revenue streams
- Utilization of flared gas and waste heat reduces operational costs
- Development of high-value agricultural products (shrimp, micro-greens, red seaweed)
- Scalable business model with potential for global implementation
- High energy consumption associated with Bitcoin mining operations
- Dependency on cryptocurrency market volatility
Insights
Innovative Use of Heat and Carbon Capture to Foster Agricultural Growth in Alberta
VANCOUVER, British Columbia, Dec. 05, 2024 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI), an intellectual property-driven technology leader, is proud to announce the launch of sustainable agricultural operations at its newly acquired Bitcoin mining facility in Sturgeon County, Alberta, Canada. By harnessing the excess heat and carbon emissions from Bitcoin mining, AgriFORCE is pioneering a novel approach to promote agricultural productivity while reducing environmental impact.
The facility, powered by an on-site generator, utilizing flared gas, integrates carbon capture and heat reuse technologies to support the cultivation of premium crops and aquaculture. Targeted products include white-legged shrimp, nutrient-dense micro-greens, and high-demand red seaweed—key contributors to food security and economic development in the region. These sustainable practices are designed to offset the greenhouse gas emissions associated with high-energy Bitcoin mining, demonstrating a model for future growth.
David Welch, AgriFORCE Chairman, emphasized the significance of this integrated approach: “Agriculture and energy are inextricably linked, and this facility epitomizes how innovation can bridge the gap between these sectors. By transforming exhaust heat and carbon into resources for agricultural production, we are creating a symbiotic system that benefits both the environment and the community. This is a true testament to our commitment to sustainability and forward-thinking solutions.”
Jolie Kahn, AgriFORCE CEO, highlighted the scalability and economic potential of this model: “Our Sturgeon County facility demonstrates how stranded gas assets and modular systems like Bitcoin mining can be repurposed to generate multiple revenue streams. This approach not only has potential to strengthen our balance sheet but also creates tangible benefits for the local community. By coupling innovative agribusiness with high-energy operations, we’re redefining sustainability in ways that can be replicated globally.”
With this milestone, AgriFORCE underscores its commitment to merging cutting-edge technology with sustainable practices to address critical challenges in energy and food production.
ABOUT AGRIFORCE
AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI) is dedicated to revolutionizing agriculture and food systems through innovative technology and sustainable practices. By integrating intellectual property, advanced technology, and deep industry expertise, AgriFORCE delivers solutions that drive value for shareholders and the communities it serves. Learn more at www.agriforcegs.com.
Follow AgriFORCE on Twitter: @agriforcegs
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Forward-Looking Statements
This press release includes forward-looking statements that are subject to risks and uncertainties. These statements reflect AgriFORCE’s current expectations and are based on information available as of the date hereof. For more information, please refer to the company’s filings with the SEC.
Investor Relations:
Richard Wong, CFO
rwong@agriforcegs.com
CORE IR
investorrelations@agriforcegs.com
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