Daniel Batten
Daniel Batten|Aug 01, 2025 13:48
Just in: Satellite readings from a landfill we're looking to finance a bitcoin mining project It is emitting 1.535 tonnes of methane every hour! Because methane is 84x more warming over a 20-year period than CO2, that means we can mitigate over 1 Million tonnes of CO2e emissions every year. In 200 climatetech technologies, I've never seen a technology that can reduce as many emissions per dollar invested as Bitcoin mining. 35 similarly sized projects, and Bitcoin becomes the world's first emission-negative network. The landfill owner approached us because there is no other potential user for that power. It is also not an option to sell the power to the grid. This means onsite bitcoin mining is his only feasible option. It will also pay him money for the power generated. * and ... because the project generates not only PE-style returns through equipment financing, but carbon credits it also has an asymmetrically good risk:reward for wholesale investors. Onwards!(Daniel Batten)
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