All Articles
Climate Tech

The Startup Turning Trash in to Bitcoin

September 12, 2023
x min read

Nodal Power has a revolutionary concept for how to transform landfills: turn methane emissions from trash into power for Bitcoin mining.

How it works:

  • Trash landfills emit enormous amounts of methane gas, which have a very harmful effect on the environment
  • Nodal Power builds infrastructure on site at landfills that is able to take methane gas and combust it in a generator
  • From the combustion process they are then able to produce renewable electricity
  • Further, they purpose-built a first-of-its-kind data centre that is capable of mining Bitcoin solely from the renewable energy they are producing

Why it matters:

  • Methane gas affects air quality, traps more heat in the air per molecule than CO2, and is considered to be over 80x more harmful than carbon dioxide
  • There are landfills all over the world and most of them are net negative on the environment
  • If successful, Nodal Power could potentially be unlocking a game change way to turn a harmful greenhouse gas emission issue into a renewable energy source
  • Aside from potentially powering data centres and Bitcoin mining, all the renewable energy created from Nodal could be sold back into local utility grids

By the numbers:

  • Nodal recently raised $13M USD in seed funding
  • The round was led by SpaceStation Investments

Discover what’s next. The world’s biggest ideas, disruptive trends, most exciting early stage companies and groundbreaking entrepreneurs.

By clicking Subscribe you're confirming that you agree with our Privacy Policy.
Thanks for subscribing!
Keep an eye out for a welcome email shortly.
Oops! Something went wrong while submitting the form.