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Got any ideas for what you could do with that gas "rather than mining Bitcoin"? Believe me, if there was a way to make "better things" with it instead of flarin
by lovingCranberry 5y ago
Got any ideas for what you could do with that gas "rather than mining Bitcoin"? Believe me, if there was a way to make "better things" with it instead of flaring, they would do it. (Because doing "better things" usually implies that money can be made!)
You will always have to burn waste and unwanted gas at such facilities, because you need to stabilize pressure and flow from the well and you just cannot just capture and process all gas that comes out of it.
The majority of the burnt gas is methane anyway, and I prefer this to be burnt rather than released into the atmosphere.
- wffurr 5y agoNo but with the correct economic incentives I am sure someone will figure it out. After all, Bitcoin incentivized someone to do something with it. If those oil wells are uneconomical to operate in a way that doesn't entail leaking the natural gas, maybe it's best for them not to operate at all.