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Marathon Digital Wants To Turn Trash Into Bitcoin

November 5, 2023
x min read

Bitcoin mining and landfills might have more in common than it seems. A new partnership aims to prove how methane emissions from waste landfills can be turned into Bitcoin.

What’s happening:

  • Marathon Digital (NASDAQ: MARA) has entered into a new partnership with Nodal Power to turn waste landfill emissions into renewable power for Bitcoin mining
  • The pilot project is already operational in Utah and will aim to successfully validate the approach before scaling up

How it works:

  • Waste landfills emit methane gas that can be captured on site and converted into clean, renewable energy that can be used to power Bitcoin mining operations
  • Through Nodal Power’s compression and filtration system, the methane gas is converted into electricity that can power purpose built data centres that are built on site

Why it matters:

  • Turning harmful methane gas emissions into renewable energy is a enormous benefit to the climate and could unlock a whole new opportunity for Bitcoin mining

Going deeper:

  • Marathon Digital says this is one of many new projects they are embarking on that look to find innovative ways to use renewable energy to mine Bitcoin

By the numbers:

  • Methane gas is 80x more harmful for the environment than carbon dioxide for 20 years after it is released into the atmosphere

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