Aoyon Ashraf is managing editor with more than a decade of experience in covering equity markets
Bitcoin miner Marathon Digital has started a pilot mining project in Utah that is using methane gas generated from landfill waste to make electricity to power mining operations.
"Marathon’s pilot project is part of a broader initiative being conducted by the Company to validate its ability to capture methane emitted from landfills, convert it into electricity, and then use that electricity to power Bitcoin miners," the firm said. "The methane naturally produced from landfills, biowaste, and elsewhere is often stranded, and Bitcoin miners like Marathon are uniquely positioned to help convert this harmful gas into a productive source of clean, renewable energy," Marathon Chairman and CEO Fred Thiel said.
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