Mar 132021

Their argument is, “Bitcoin is ‘green’ because this oil well was just going to vent all that methane into the atmosphere anyway” — or — “It was on fire when I got here.”‘Absurd’ video of bitcoin mine hooked to an oil well sparks outrageIn states like Texas, where energy regulations are laxer, natural gas by-product can be vented, intentionally releasing gases, predominately potent methane, into the atmosphere. The other option is to set gas on fire in flare stacks to convert methane to carbon dioxide, slightly less dangerous when it comes to heating the planet in the short-term. […]”They’re getting zero for this gas anyway so it makes almost no difference whether we’re on that well-site…

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