Bitcoin mining facilities were featured front and center in a recent WEF video, but it never mentioned Bitcoin.
Prominent imagery of what appear to be cryptocurrency mining facilities are presented throughout the video; however, the video never directly addresses what is actually happening.
The video appears to show a facility housing Bitmain Antminer mining rigs but is referred to as a data center. Source: WEF Chase Lochmiller, CEO, and co-founder of Crusoe, explained in the video that it builds and operates “modular data centers” that are co-located with waste energy sources to use wasted methane streams to generate power.
It was noted this enables the production of “ultra-low-cost computing infrastructure” by utilizing stranded energy sources that would otherwise go unused. A still from the video showing a close-up of what appears to be a Bitmain Antminer mining rig. Source: WEFMicroStrategy co-founder Michael Saylor shared the video with his 3 million Twitter followers on April 23, stating that “even the WEF is recognizing the environmental benefits of Bitcoin Mining.”
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