Where there’s muck, there’s brass!

Bitcoin Mining - An Environmental Revolution

"Using landfill for Bitcoin mining – it’s a gas, gas, gas!" CityAm, 31 July 2023.

Where there’s muck, there’s brass! But do investors need new ways to turn that muck into gleaming brass? Well, we have the answer – Bitcoin mining! Yes, you heard it right. Bitcoin, the best flexible load in the digital town, can now tackle a seriously stinky issue - landfill gas (LFG).

Daniel Batten, a Climate Tech Investor, has been working on a genius solution to revolutionalise how to use Bitcoin Mining to help governments achieve their ESG goals. LFG, also known as landfill gas, contains methane, the naughty greenhouse gas that is 84 times more potent than carbon dioxide (Co2). Landfill emissions have been lurking under the radar, growing twice as fast as agriculture. But guess what? Daniel and his team at CH4 Capital have cracked the code, and now they are using this potent gas to mint some digital gold!

Why LFG for Bitcoin Mining?

LFG presents a much bigger issue than we initially thought. But fear not, for Bitcoin mining is here to save the day! By channelling methane emissions into Bitcoin mining, we’re not just tackling environmental and health challenges but uncovering new and profitable opportunities.

To better understand the financial potential, CH4 Capital has crunched the numbers, and trust us, the figures are beyond astounding! Think of it as a match made in mucky heaven.

A Multifaceted Challenge

Now, let’s address the elephant in the landfill – the challenges! Combining Bitcoin mining with stranded energy, landfill power-gen projects, carbon credits, and energy infrastructure requires a superhero team. Picture this - Bitcoin data centres chilling in landfill sites, getting cosy with well-maintained perforated wells, and leaving those power companies at the door. We’re here to make money and save the environment, innuendo intended!

Many landfills lack convenient grid access, with only 30% of landfill sites being suitably located within a suitable distance of a grid. For the remaining 70% of landfill sites, Bitcoin mining swoops in like a superhero, saving the day and making landfill owners an average of £6.5 per megawatt hour! It’s a win-win. 

Selecting Suitable Sites

Choosing the right site is like picking the juiciest fruit from the tree. No grid export, well-maintained perforated wells, quick decisions, and 5-year Power Purchase Agreements – these are the required criteria. Think of it as finding the perfect spot to strike gold, but in this case, it’s Bitcoin gold! It’s not easy, but that’s what makes it so cool. Once it’s established, you will not regret the effort and investment. 

Calculating Revenue and Costs

Let’s get down to the brass tax, or rather, the brass muck! Effective financial planning is critical for the success of LFG-based Bitcoin mining. We’re not just making money; we’re generating carbon credits too! That’s right; we’re fighting emissions and minting Bitcoin at the same time.

Carbon credits play a significant role in generating additional revenue. Landfill gas carbon credits amount to approximately £3.20 per tonne of Co2. One tonne of methane is equivalent to 28 carbon credits. A 8 MW landfill is a carbon credit goldmine, making around £132,500 annually. Cha-ching!

Capital and Team Dynamics

Last but not least, assembling the dream team! We need the best of the best - commercial whizzes with access to capital and negotiation skills? Check. Bitcoin mining experts who optimise like there’s no tomorrow? Check. Energy infrastructure pros who keep the power flowing? Check, check, and check! It’s like building an all-star squad ready to take on the mucky world of Bitcoin mining.

Methane is also proving its potential in agriculture, as evidenced in Joe Hall's documentary The Bitcoin Farmer with Scilling Mining. The documentary documents how Bitcoin mining is fostering circular economies on farms. The working examples highlight the exciting intersection between methane utilisation and its application in the world of Bitcoin. 

Conclusion

Fellow investors and urban professionals, you’ve heard the pitch. It’s time to join the landfill Bitcoin bonanza and turn muck into money! Bitcoin mining is a profitable solution that’s environmentally friendly. Invest in the future, make a fortune, and save the planet – all in a day’s work.

CH4 Capital is not just here for the money but to make a difference. Let’s collaborate, learn from each other, and lift the entire Bitcoin ecosystem. Those in the know are laughing with Bitcoin, not at it, as we embark on this exciting journey to transform trash into treasure, one landfill at a time. 

Cheers to a sustainable and prosperous future again; thanks to Bitcoin Mining. 

LFG!!