BITCOIN

Using Bitcoin to fund Virunga National Park in the Democratic Republic of Congo, where mining and conservation coexist sustainably

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Using Bitcoin to fund Virunga National Park in the Democratic Republic of Congo, where mining and conservation coexist sustainably

In Virunga National Park in the Democratic Republic of Congo, located in Africa, tourism revenue has been lost since 2018 due to the presence of armed groups, the Ebola virus, and the COVID-19 pandemic. Now, the national park is using a Bitcoin mining operation powered by a large hydroelectric plant within the park to sell Bitcoin and cover the park's basic expenses, such as road maintenance and electricity. Bitcoin mining, which has been criticized by environmentalists, seems to be fostering a positive cycle of green energy in this context.

The Stunning World Heritage Site

Virunga National Park, established in 1925, is the first national park in Africa. The park features volcanoes, tropical rainforests, and endangered mountain gorillas. In 1979, it was designated as a UNESCO World Heritage Site.

In 2014, the documentary "Virunga" was nominated for an Oscar for Best Documentary Feature, showcasing the natural beauty and biodiversity of Virunga. It also delves into the complex political and economic issues surrounding oil exploration, regional armed conflicts, and the heartwarming stories of park rangers risking their lives to protect the forest and mountain gorillas.

Mining and Sustainable Coexistence

Today, park rangers have an additional task of guarding the world's first Bitcoin mine operated by a national park. Relying on the park's hydroelectric resources, the bet is placed on whether Bitcoin mining, powered by clean energy, can coexist sustainably with environmental conservation.

After four years of disease outbreaks, epidemics, and bloodshed, Virunga is in urgent need of funds. With the government providing only one percent of the park's operating budget, Virunga has had to find alternative ways to sustain itself, turning to cryptocurrency investments.

The energy-intensive nature of Bitcoin mining has not posed a problem for Virunga. The park utilizes its natural hydroelectric resources to power the operations, supplying electricity to the park and local residents. This electricity supports new job opportunities and businesses, including coffee cooperatives and chia seed production, alongside the Bitcoin mining industry. The funds generated from Bitcoin sales are used for park expenses, infrastructure development such as roads and hydroelectric projects, as well as supporting small business loans and entrepreneurship needs for the local community.

Furthermore, Virunga National Park has collaborated with the NFT project CyberKongz, auctioning off gorilla NFTs at Christie's, generating $1.2 million in revenue for the park.

Michael Saylor, the founder of MicroStrategy and a Bitcoin believer, also tweeted that Bitcoin is the hope for Congo!