Nodal Power has attracted $13 Milln for mining using methane from garbage dumps – Bits Media

Mining startup Nodal Power, specializing in methane processing, dumped, attracted funding in the amount $13 million to launch a new mining center.

“Bitcoin mining is a secondary tool, which we use, when the network economy is not so favorable. Now we get cryptocurrency only in our Date Centers ", - said the co -founder of the company Matthew Jones (Matthew Jones).

Nodal Power has already deployed two energy production sites in the United States. The first object, in the south-west of the country, exports energy to a local power supply. At the second facility, the first one of its kind Autonomous data center for processing, Which uses methane from garbage dumps to produce electricity.

The third object in the USA, which is planned to be launched at the beginning 2024 of the year, It will also use methane as a working mechanism.

“We have developed solutions specifically for small landfills, which allow us to bring resources to the market ", - said the general director of Nodal Power Brian Black (Bryan Black).

He added, that such an approach in the field of technology and energy "potentially can have a significant impact on local markets".

In March this year, it was reported, that the Irish farmer found an unusual way to use excess energy on his farm - he turns cow manure into bitcoins.

Earlier organizers of the World Economic Forum (WEF) recognized the economic and environmental advantages of Bitcoin mining, stated, that this activity can significantly reduce greenhouse gas emissions into the atmosphere.