Could Bitcoin Solve The Oil Flaring Problem? ...Middle East

OILPRICE - Economy
Could Bitcoin Solve The Oil Flaring Problem?
source : OILPRICE ( Middle East ) () 17
As governments aim to curb carbon emissions from gas flaring, Bitcoin data centers offer a way to use this energy instead of letting it go to waste, in return for the digital currency.  Gas flaring, a byproduct of fracked shale production, produces around 1 percent of global carbon emissions at present. Companies burn the gas off at the well site, rather than using it as an energy source, because of its unprofitable nature. The alternative option is simply to vent the gas into the atmosphere, releasing methane and adding to harmful greenhouse…

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