Bitcoin Miners Invest in Waste-to-Energy for Cheaper, Greener Power

Riot Platforms is investing in Reformed Energy to turn solid waste into low-cost power via plasma gasification to mine bitcoin. This reduces landfill waste by 90%.

Reformed Energy's technology is very efficient, producing 3.5 megawatts of power from every 200 kilowatts of input energy.

Riot Platforms secures low-cost, fixed energy prices for bitcoin mining through this collaboration. There are also environmental benefits from reduced emissions.

Verde Mining helps small gas producers efficiently convert stranded gas to bitcoin on-site instead of wasteful flaring. This also creates carbon credits.

Bitcoin mining's energy consumption at the source incentivizes innovative waste-to-energy solutions with positive economic and environmental impacts.