Hola, crypto amigos! Have you heard the latest buzz from the heart of Argentina? Genesis Digital Assets Limited (GDA) and YPF Luz are teaming up to revolutionize Bitcoin mining like never before, all while championing sustainability and innovation.💡

Picture this: nestled in the scenic landscapes of Rincón de Los Sauces, Neuquén Province, lies a groundbreaking Bitcoin mining site powered not by traditional energy sources, but by stranded gas from oil fields. Yep, you read that right – they're turning what was once considered waste into a goldmine of energy! 💨⚡
Thanks to this ingenious partnership, GDA and YPF Luz are breathing new life into the Bajo del Toro Thermal Power Plant, tapping into its 7-megawatt capacity to fuel over 1,200 Bitcoin mining machines. And get this – they're not just reducing environmental harm, they're flipping the script on it! By harnessing stranded gas that would've otherwise been flared into the atmosphere, they're slashing carbon emissions and fighting climate change head-on. 🌱🔥
But wait, it gets even better! Studies show that by repurposing methane in this way, we could be cutting carbon emissions by a whopping 25% to 63%. That's a game-changer in the fight against global warming, folks! 🌍❄️
Abdumalik Mirakhmedov, the visionary founder of GDA, is all about spreading the eco-friendly gospel of Bitcoin mining. He's not just talking the talk – he's walking the walk, showcasing how sustainable practices and community engagement can go hand in hand. And with Argentina's rich energy resources and growing crypto craze, it's the perfect match made in Bitcoin heaven. 💚💰
This project isn't just a win for the environment – it's a win for Argentina's energy policies and YPF Luz's trailblazing spirit. By blazing a trail in converting flare gas into crypto-mining energy, they're setting the stage for a cleaner, greener future. 🌟♻️
And as for GDA? Well, they're not slowing down anytime soon! With 20 data centers worldwide and a whopping 500+ megawatts of power capacity, they're leading the charge in integrating sustainable energy sources into the crypto mining industry. Talk about setting the gold standard! 💼⚡
So here's to Argentina, GDA, and YPF Luz – pioneers in turning waste into wealth and shaping a brighter, greener future for crypto and beyond. 🎉🌱
¡Hasta luego, amigos! Stay tuned for more eco-friendly adventures in the world of crypto. 🚀🌍

#Argentina #BITCOIN #BTC #Gas

Minister of Foreign Affairs Diana Mondino shared this development on X platform on December 21, in response to a governmental decree in Argentina.Diana Mondino, Argentina's Minister of Foreign Affairs, has announced the legalization of certain types of currencies in contracts, with Bitcoin being one of the accepted forms of payment, as per the government decree. In a post on December 21 on the X platform, Mondino indicated that the decree seems aimed at economic reform and eliminating restrictions, allowing the use of BTC and other cryptocurrencies domestically under specific conditions.The decree, titled "Basis for the Revitalization of Argentina's Economy," passed on December 20, doesn't explicitly mention cryptocurrencies but includes provisions enabling debtors to choose non-legally recognized currencies in Argentina for payment. Mondino stated, "We affirm and confirm that in Argentina, contracts can be settled with Bitcoin and any other cryptocurrency."President Javier Milei appointed Mondino as the Minister of Foreign Affairs following his electoral victory over the then Finance Minister Sergio Massa. Many in the community see Milei's win as a positive signal for the adoption of cryptocurrencies in Argentina.Milei assumed office amidst rising inflation across the country. The economic decree followed his first national address, outlining measures to address Argentina's economic concerns.The President previously referred to Bitcoin as a movement aimed at returning money to its original creators, the private sector. Since taking office, he has not publicly commented on digital assets.#BTC #Argentina