Landfill Gas Mitigation Firm Vespene Energy Secures $4.3M to Bolster Gas-to-Bitcoin Solutions – Bitcoin News

, the startup converts landfill methane into bitcoin value with no grid connections or pipeline buildout. Vespene essentially installs onsite data centers powered by micro-turbines, getting energy from municipal landfills’ methane.

It gives landfill owners the ability to monetize their landfill methane, “reducing routine flaring and maintenance costs,” Vespene’s product summary says. Polychain Capital founder and CEO Olaf Carlson-Wee said on Tuesday that he believes the continued adoption of bitcoin will benefit from solutions like Vespene Energy’s product.

“We are excited to partner with Vespene as they build a creative solution to use mining to eliminate a potent greenhouse gas source, while making its energy mix greener,” the Polychain Capital founder said in a statement. Vespene Energy’s fundraising round comes at a time when there’s been a lot offocused on Bitcoin’s proof-of-work consensus mechanism and the energy the network uses.Data from globalmethane.

In addition to the flare gas mitigation firm Vespene Energy, there’s also companies like Crusoe Energy, Greenidge Generation, Upstream Data, and EZ Blockchain transforming flare gas emissions into

Source: News Formal (newsformal.com)

👀👀👀

Founde rod the company must have played a lot of StarCraft

Why is the mediaa silent on thiss

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Reddit partners with FTX to enable ETH gas fees for community pointsOnline forum Reddit seems to be inching closer to embracing cryptocurrency payments via a new partnership with the FTX exchange. 🚀 Thankss a millon
Source: Cointelegraph - 🏆 562. / 51 Read more »

Russia's Natural Gas Pipeline Exports To Europe Down To Almost 40-Year LowsRussia’s natural gas exports by pipeline to the European Union (EU) and the United Kingdom (UK) declined by 40% during 1st 7 months of 2022 Good! Natural gas is bad for the sky.
Source: cleantechnica - 🏆 565. / 51 Read more »

Woman arrested after child is spotted drinking alcohol in gas station and on streetOhio police have arrested a woman after a boy in her care was seen drinking alcohol at a gas station, and later in his neighborhood. Full story and you know why mom told him to go back in there and get toothpaste and mouthwash....
Source: kgun9 - 🏆 584. / 51 Read more »

Inflation stalled in July as gas prices droppedAfter increasing by 1.3% in June, the U.S. Bureau of Labor Statistics said today that overall inflation did not rise in July as gas prices dropped during the month.
Source: fox13 - 🏆 550. / 51 Read more »

One year ago vs. today: Comparing gas price changes in Utah vs. national averageWhile Utahns are finally seeing a decrease in gas prices after a painful period of rising costs, the state average is 69 cents above the national average for a gallon of regular.
Source: fox13 - 🏆 550. / 51 Read more »

San Diego County Gas Price Drops 55 Days StraightThe average price of a gallon of self-serve regular gasoline in San Diego County dropped Tuesday for the 55th consecutive day since rising to a record, decreasing 2.3 cents to $5.404, its lowest amount since March 7. Only a couple more bucks to go!
Source: nbcsandiego - 🏆 524. / 51 Read more »