Natural gas is in high demand by Bitcoin mining and AI data center operators. Mohamed El-Masri, Hodler Investments director and PermianChain CEO, said that energy recovery from gas flaring could be a $16 billion opportunity.
According to El-Masri, natural gas from gas flaring can be converted into convertible energy for mining operations and high-performance computing. This demonstrates the power of crypto mining and asset tokenization in promoting sustainability.
Bitcoin mining unlocks idle energy and renewable resources. Faced with ever-increasing hash rate and difficulty, miners are looking for new energy sources to sustain their operations at low cost.
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