According to Bitcoin Magazine, Nodal Power, which reduces methane emissions from landfills by providing electricity to Bitcoin mining data centers, has completed a $13 million seed round of financing to build renewable energy power plants on landfills.

Nodal Power said a significant portion of the funding has been used to build and operate two power plants within the United States. The first site is located in the southeastern United States and transmits electricity generated from landfill gas to the local utility grid. The second site is located in the Mountain West region and has an off-grid Bitcoin mining data center powered by landfill gas. Nodal Power plans to allocate additional funds for the development of the third site, which is scheduled to be completed in early 2024.