Burning Methane For Bitcoin
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In this video, I discuss how Bitcoin mining can be used to remediate methane emissions from landfills and oil and gas mining operations.
Nodal Power has just raised $13 million to deploy this technology.
Environmental critics of Bitcoin are about to have a rude awakening, as even the hostile current administration has published a report on how Bitcoin mining can help reduce methane emissions.
By moving from proof of work to proof of stake, Ethereum has ironically made itself less useful to the environment.
Not investment advice! Consult a financial advisor.
1.6 MW landfill gas to energy power plant in the Rocky Mountain region:
https://twitter.com/NodalPower/status/1581073811121659904
Nodal Power raises $13 Million seed round to build renewable energy power plants at landfills:
https://www.utahbusiness.com/nodal-power-13-million-funding
Nodal Power:
https://www.nodalpower.com/
White House report on crypto-assets and the environment:
https://www.whitehouse.gov/wp-content/uploads/2022/09/09-2022-Crypto-Assets-and-Climate-Report.pdf
Watch Vitalik do the badger dance:
https://www.youtube.com/watch?v=kUheuFDHSvI&ab_channel=JosephBagaric
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#bitcoinmining
Disclaimer
Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky.
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