Marathon Digital Starts Methane Gas-powered BTC Mining Project

cryptonews.com:

Marathon Digital, a BTC mining company, has launched a pilot mining initiative in Utah, leveraging methane gas produced from landfill waste to generate the power needed for their mining operations.

The company announced on Thursday in a press release that it had entered into an agreement with Nodal Power, a renewable energy asset company, to launch a 280 kilowatt mining project exclusively powered by methane gas. The project is part of a broader initiative being conducted by Marathon Digital to test its ability to capture landfill-emitted methane, convert it into electricity, and then use that electricity to power Bitcoin miners.

In the release, Marathon Chairman and CEO Fred Thiel emphasized the multitude of benefits that would come from figuring out how to harness methane, a highly harmful gas.

“At Marathon, we are constantly seeking innovative ways to diversify our operations, lower our energy costs, and leverage the unique aspects of Bitcoin mining to better the environments in which we operate,” Thiel said. “By capturing the methane emitted from landfills and converting it into electricity to power our Bitcoin miners, we may have an opportunity to accomplish all of those goals simultaneously.”

He added that if the results of the pilot project met Marathon’s expectations, they would eagerly look to expand their footprint in this area and assist landfill operators in meeting their environmental goals.

According to the United Nations Environment Programme, methane gas is 80 times more harmful than carbon dioxide, and its effects persist for over 20 years after it is released into the environment. Additionally, data from the Environmental Protection Agency indicates that solid waste emissions accounted for almost 15% of all