.@NodalPower might be the future of Bitcoin x CleanEnergy
⚡️Generating power via landfill methane flares 💰Cash flows from selling base load to grid ➡️Incentivizing methane capture for renewable energy ✅ BTC mining provides to make biogas energy projects feasible🤯
Essentially, biogas is produced when micro-organisms break down biodegradable material in absence of oxygen
Typically this happens in: - Waste crop residues
- Animal manure
- Municipal Solid Waste
- Wastewater sludge
@NodalPower is focusing on landfill gas recovery systems
In US, most landfills must have biogas capture systems & biogas can be combusted to generate electricity
But for smaller landfills, large capital expenditures to build electricity generation & connect it to the grid haven't made sense vs. venting it.
Enter Bitcoin mining
With vertically integrated BitcoinMining datacenters on-site, it becomes profitable to operate electricity gen via flaring 90% of year vs. 50% ~
Smaller projects are feasible, more base energy load is produced + carbon negative BTC via methane reduction
This Week in Startups: Understanding Corporate VC + turning methane into bitcoin w/ Nodal's Daniel Sechrest | E1611 on Apple Podcasts
+ @Smidnico did a great thread last week diving into biogas & it's potential to make Bitcoin mining carbon neutral or even carbon negativethis twitter thread.