@ExtinctionR The UN emphasizes the role of methane as a heating contributor that's been substantially undervalued.
US regulation will force most 2700 US landfills (Americans like to dump a lot) to install $ 1 million flaring infrastructure, that will then cost $100K for operations
1/
US regulation will force most 2700 US landfills (Americans like to dump a lot) to install $ 1 million flaring infrastructure, that will then cost $100K for operations
1/
@ExtinctionR 2/ This will allow CH4 to be broken down into CO2 + H20. CO2 being "less worse" as a GHG than methane.
You could argue, why not generating power and connecting it to the grid?
Landfills are often far from the grid. It costs millions to build miles of power lines.
2/
You could argue, why not generating power and connecting it to the grid?
Landfills are often far from the grid. It costs millions to build miles of power lines.
2/
@ExtinctionR Incentives are far more efficient than coercion to attain any goal, especially if they are economic. Humans are greedy no matter what.
Flaring units will cost millions to local municipalities where landfills are located, municipalities which happen to be poorer than average.
3/
Flaring units will cost millions to local municipalities where landfills are located, municipalities which happen to be poorer than average.
3/
@ExtinctionR #Bitcoin miners
- Have the capacity of breaking down CH4 to CO2+H2O
- Are location agnostic, time agnostic. No need to build power lines.
- Just need an internet connection
- Can connect to flaring installments with no extra cost
-Pay municipalities to operate, in $ or BTC
4/
- Have the capacity of breaking down CH4 to CO2+H2O
- Are location agnostic, time agnostic. No need to build power lines.
- Just need an internet connection
- Can connect to flaring installments with no extra cost
-Pay municipalities to operate, in $ or BTC
4/
@ExtinctionR #Bitcoin miners are a net benefit to the environment, local municipalities.
Meanwhile, Bitcoin is a monetary network that enhances financial inclusion and financial freedom, therefore freedom tout-court, worldwide.
No brainer for municipalities where landfills are located.
5/
Meanwhile, Bitcoin is a monetary network that enhances financial inclusion and financial freedom, therefore freedom tout-court, worldwide.
No brainer for municipalities where landfills are located.
5/
@ExtinctionR A methane #Bitcoin mining pilot program will be up and running before year end in a landfill in California.
The Golden State was chosen precisely because its environmental regulation is the most severe.
A success would mean one can iterate nationwide.
The Golden State was chosen precisely because its environmental regulation is the most severe.
A success would mean one can iterate nationwide.
@ExtinctionR “You could either mine #Bitcoin on one small landfill for a year, or you could plant 5 million trees and let them grow for 10 years - both of those are going to have the same environmental impact.”
— Adam Wright = @Digital_Ore
7/ end
— Adam Wright = @Digital_Ore
7/ end
@ExtinctionR @Digital_Ore Unlike Proof of Work based #Bitcoin, Proof of Stake post #theMerge #Ethereum will not contribute to global GHG reduction.
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