3 Comments

Hey Pomp, not sure if you saw this announcement. Biden just ordered that millions of methane leaking wells be capped. $21B is being allocated to this initiative. Bitcoin miners could conceivably be paid by the government to dispose of methane gas. Phenomenal timing as thousands of miners are on boats to the USA.

This is a huge story for bitcoin mining that seems to have slipped past crypto twitter's radar and maybe something you can do a newsletter on.

https://twitter.com/Forbes/status/1410415384767913984

Expand full comment

yes

Expand full comment

From what I understand the entire bitcoin network could be run off wasted flare gas. There are millions of mines to cap and millions of mining machines coming to the US.

Expand full comment