Cryptocurrency

Mining Bitcoin On My Farm To Offset Rising Costs – Bitcoin Magazine

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This is an opinion editorial by AlbertaHodl, a Canadian dairy and beef farmer and a passionate bitcoin miner.

This is a farmer’s perspective on why it is a good idea to mine bitcoin.

I was born and raised on a farm. I acquired an economics, business and hard-work degree without actually finishing any post-secondary schooling. Times were tough. My dad split the farm with his brother in 1998. As a 10-year-old, I busted my ass along with my 13-year-old brother because we didn’t have a choice. Money was tight. Interest rates had finally reached “normal” levels and commodity prices were not great, but life was good. Since then, we have been able to successfully expand our operation, buy bigger and better equipment, more land and more animals. Here we are today, in the same boat as a lot of other farmers and ranchers: Big enough to earn a living, but wondering what to do now.

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