4new every year, 35% of the profit is allocated to the development of additional plants. This will increase business durability and scalability.
That's means they are not just generating energy using waste materials, they are allocated/donating some profit to the development of additional plants?. Don't know how much more good points/activity they are hidden there.
https://twitter.com/bestofthebesttm/status/961185380421783553 So how exactly are they even going to convert that "waste" into money anyway? I can't think of any simple and easy method to do that which isnt already done
I am also curious how they can convert it for money. Anyway, the project is still new and I am sure there will be more improvements and announcements from this project very soon.
Basically, they will use EFW technology which is the process of generating energy in the form of electricity from the primary treatment of waste. After that they will sell that energy for mining farm ( is a data center, technically equipped to mine bitcoins or other cryptocurrencies ).
Well, we will have mining factory like some project at China? Or nearly is TerraMiner? What kind of crypto currency 4NEW will mining?