Fort Lauderdale, FL: Marathon Digital Holdings, Inc. (NASDAQ:MARA), known for its endeavors in bolstering the Bitcoin infrastructure, has announced a collaboration with renewable energy firm Nodal Power. The partnership aims to harness methane emissions from a Utah landfill to power a 280 kW Bitcoin mining pilot project. The project, now fully operational, underscores a sustainable model for cryptocurrency mining, mitigating the environmental impact associated with the significant energy demands of such operations.
Methane, according to the United Nations Environment Programme (UNEP), is a potent greenhouse gas, with an impact “80 times more harmful than CO2 for 20 years post emission.” With municipal solid waste contributing to around 14.3% of the total methane emissions in the U.S. in 2021, as per the Environmental Protection Agency (EPA), the initiative by Marathon addresses a critical environmental challenge.
Marathon’s project…