Study: BTC Mining Most Efficient Anti-Greenhouse Solution
An Arcane Research analyst says that mining BTC using excess gas is actually environment-friendly. BTC mining using stranded natural gas far reduces CO2 emissions than wind and solar energy farms. BTC mining also consumes less energy than the video gaming and gold mining sectors. According to Jaran Mellerud, an analyst who works for Arcane Research, mining bitcoins using excess natural gas is the “most cost-effective way” to reduce greenhouse gas emissions. According to the chart shared by Mellerud, bitcoin mining using stranded natural gas reduces Carbon Dioxide emission by up to 6.32 tons for every $1,000 invested. This exceeds wind