Mining for the benefit of energy transition

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In comparison

Energy waste: 400x more
Global Banking System: 10x more
Game consoles: 1.5x more
Bitcoin uses: 56x less energy for a transaction than electronic payments
Netflix: 2x more
Gold mining: 4x more

Reducing methane emissions over the next 25 years is the most powerful tool we have to fight climate change

The only way to treat this residual, to eliminate 99.8% (instead of 92%), is to run it through generators or combustion turbines (TAC) to convert it into electrical energy

For the first time in history, we have an economically viable user for carbon-negative global energy. No other technology can claim this. Which is why it is the fastest and most reliable tool we have to fight climate change

It is not only good for the environment, it presents one of our few options for avoiding impending climate disaster

“Cryptographic mining that captures vented methane can have positive results for the climate.”
White House Report September 2022

Methane Numbers

Bitcoin mining is currently the only realistic and immediate way to reduce these methane emissions

1
1/4
of global warming is caused by the release of methane
2
84x
Methane is 84 times more harmful than CO2 over a 20-year period
3
99,8%
Emitted methane can be eliminated by a generator placed at the source
4
31x
Methane combustion is 31 times less harmful compared to its direct disposal
5
5,32%
Of all global CO2 emissions can be avoided by mining through venting
6
0.15°C
Global warming would be avoided by 2045

The Environmental Impact of Venting

3
MW of electricity
make the Bitcoin network 1% less carbon intensive
6.8
MW
remove the equivalent of 1 million tons of CO2 emissions each year
187
MW
make the Bitcoin network carbon neutral

The potential opportunities

1
More than 130,000 abandoned oil/gas wells in the US emit Venting
2
$ 280 Billion would be needed to plug them
(Source : Carbon tracker)
3
In 2021, 144 billion cubic meters of gas have been unnecessarily flared
4
That is 1,406.8 TWh equivalent to France's electricity consumption over one year
(Source : Worldbank "2022 Global Gas Flaring" Tracker Report )

How to contact us

Jordan CASTANEDA
General manager
+1 (951) 775-7199






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