Making Methane Reduction Profitable: The Story of DenverBitcoin
Find out how DenverBitcoin’s previous exposure to the oil and gas industry led him to see the potential for waste reduction while participating in the bitcoin mining industry.This is an opinion editorial by Robert Warren, partner at Distributed Hash and business development at Upstream Data Inc.This is the story of a father and son team that began their journey looking for cheap energy but found themselves sitting on one of the largest waste energy sources in the industry. The natural gas industry has found itself a perfect partner in bitcoin mining, and Adam Ortolf of Stranded Energy....
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It’s all about methane. Finally, an ESG analyst takes a look at the data and gives bitcoin mining the praise it deserves. In the paper “Quantifying the Potential Impact of Bitcoin Mining on Global Methane Emissions,” Daniel Batten confirms what Bitcoinist has been saying. Bitcoin mining is an ally to the environment. Not only that, […]
Bitcoin mining can use organic materials, such as methane, which contributes to climate change, therefore reducing the environmental impact from the gas.
In addition to profits, bitcoin mining can also offer consistent electricity demand and can clean up the air by utilizing electricity made from wasted methane.
A new report reveals an angle for sustainability in Bitcoin mining through harnessing onsite natural gas emissions. Data from a recent Ark Invest report highlights another utility for Bitcoin (BTC) mining in the realm of sustainability and energy. According to the findings, there is enormous potential to transform methane emissions into energy for Bitcoin mining, which, in turn, will turbocharge solar and wind-generated electricity at onsite wells. Important research from @skorusARK on #Bitcoin’s potential role in transforming methane emissions into bitcoin mining that will turbocharge....
On August 9, a firm that uses landfill methane to fuel bitcoin miners, Vespene Energy, announced the company has raised $4.3 million in a funding round led by Polychain Capital. Vespene aims to use the funds for its pilot in California by using landfill methane to mine bitcoin and “mitigate a major source of greenhouse gas emissions.” Vespene Energy Raises $4.3M in Funding Round Led by Polychain Capital, Firm Aims to Give Landfill Owners the Ability to Monetize Landfill Methane Vespene Energy announced that the company has raised $4.3 million from a financing round led by....