Bitcoin mining cuts methane emissions, study finds
Share link:In this post: A study explores how Bitcoin miners can use “Landfill Gas to Energy” (LFGTE) systems to capture and utilize methane gas. Methane levels have increased threefold since the Industrial Revolution. The researchers propose that Bitcoin mining could also recycle energy from other sources.
A recent study, “An Integrated Landfill Gas-to-Energy and Bitcoin Mining Framework,” has illustrated how Bitcoin Miners can effectively utilize “Landfill Gas to Energy” (LFGTE) systems to capture methane gas. According to the paper, these systems convert the gas into usable energy, thereby sequestering the greenhouse gas and minimizing its atmospheric impact.
Methane levels have tripled since the Industrial Revolution, contributing to half the observed 1-degree Celsius global warming. The International Panel on Climate Change warns that decisive action on methane is crucial to keeping warming below 1.5 degrees by 2050 .
Researchers advocate BTC mining as an alternative to government subsidies
The paper’s authors argued that Bitcoin mining features the proper incentive structure for such a capital-intensive, long-term commitment project, which other private enterprises lack due to the absence of sustainable revenue generation and cost recovery strategies.
Bitcoin’s economic incentives, accessible globally to miners, present a novel and scalable solution for methane mitigation, potentially allowing for rapid deployment without the need for government subsidies.
Researchers
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