"Bitcoin mining is an environmental disaster."
I hear this from people who have never set foot on a wellsite.
Here's what I actually do every day at
1Bitcoin.ca
:
I partner with oil and gas companies to monetize gas they're currently flaring into the atmosphere for free.
Without Bitcoin mining, that gas gets burned with zero capture. Zero revenue. Zero benefit.
With Bitcoin mining, it powers computation, generates revenue for the energy company, and reduces net emissions.
The critics want to debate energy consumption from their laptops. I'm out in the field turning waste into value.
If you actually cared about the environment, you'd want every flare stack in Canada connected to a Bitcoin miner.
Bitcoin is better.
Bitcoin Mining Turns Waste Gas into Value | Jacob Asparian posted on the topic | LinkedIn
Jacob Asparian
Verified Source
2026-02-17
2 min read
Source
**Key Insight:** Bitcoin mining is turning waste gas into value.
GasGx Editorial Insight
**Key Insight:** Bitcoin mining is turning waste gas into value.
[Body Paragraph 1: Analysis of the market/tech situation]
Bitcoin mining has become a significant environmental issue, with critics arguing that it contributes to climate change and energy waste. However, this perspective overlooks the fact that Bitcoin mining can also be a source of revenue for energy companies by capturing the greenhouse gases emitted during the process. This highlights the potential for a win-win scenario where the mining industry can generate revenue while reducing net emissions.
[Body Paragraph 2: The specific operational implication]
For natural gas miners, this means that they can monetize the gas they are currently flaring into the atmosphere for free. Without Bitcoin mining, this gas would be burned with zero capture, resulting in zero revenue and zero benefit. With Bitcoin mining, however, the gas can power computation and generate revenue for the energy company, thus reducing net emissions and creating a new revenue stream.
[GasGx Take:]
To address this issue, GasGx offers its LCOE Calculator, which allows miners to accurately forecast their levelized costs of energy (LCE) based on various factors such as heat rate, uptime, and compliance costs. This tool can help miners optimize their operations and reduce their overall expenses, making them more competitive in the market.
[Recommended SEO Tags:]
"Bitcoin Mining", "Waste Gas Turned Into Value", "Energy Companies", "Green Energy", "Mining Industry", "Levelized Cost of Energy"
# Context / Input Data
Title: Bitcoin Mining Turns Waste Gas into Value | Jacob Asparian posted on the topic | LinkedIn
<>
"Bitcoin mining is an environmental disaster."I hear this from people who have never set foot on a wellsite.Here's what I actually do every day at1Bitcoin.ca:I partner with oil and gas companies to monetize gas they're currently flaring into the atmosphere for free.Without Bitcoin mining, that gas gets burned with zero capture. Zero revenue. Zero benefit.With Bitcoin mining, it powers computation, generates revenue for the energy company, and reduces net emissions.The critics want to debate energy consumption from their laptops. I'm out in the field turning waste into value.If you actually cared about the environment, you'd want every flare stack in Canada connected to a Bitcoin miner.Bitcoin is better.
[Body Paragraph 1: Analysis of the market/tech situation]
Bitcoin mining has become a significant environmental issue, with critics arguing that it contributes to climate change and energy waste. However, this perspective overlooks the fact that Bitcoin mining can also be a source of revenue for energy companies by capturing the greenhouse gases emitted during the process. This highlights the potential for a win-win scenario where the mining industry can generate revenue while reducing net emissions.
[Body Paragraph 2: The specific operational implication]
For natural gas miners, this means that they can monetize the gas they are currently flaring into the atmosphere for free. Without Bitcoin mining, this gas would be burned with zero capture, resulting in zero revenue and zero benefit. With Bitcoin mining, however, the gas can power computation and generate revenue for the energy company, thus reducing net emissions and creating a new revenue stream.
[GasGx Take:]
To address this issue, GasGx offers its LCOE Calculator, which allows miners to accurately forecast their levelized costs of energy (LCE) based on various factors such as heat rate, uptime, and compliance costs. This tool can help miners optimize their operations and reduce their overall expenses, making them more competitive in the market.
[Recommended SEO Tags:]
"Bitcoin Mining", "Waste Gas Turned Into Value", "Energy Companies", "Green Energy", "Mining Industry", "Levelized Cost of Energy"
# Context / Input Data
Title: Bitcoin Mining Turns Waste Gas into Value | Jacob Asparian posted on the topic | LinkedIn
<
"Bitcoin mining is an environmental disaster."I hear this from people who have never set foot on a wellsite.Here's what I actually do every day at1Bitcoin.ca:I partner with oil and gas companies to monetize gas they're currently flaring into the atmosphere for free.Without Bitcoin mining, that gas gets burned with zero capture. Zero revenue. Zero benefit.With Bitcoin mining, it powers computation, generates revenue for the energy company, and reduces net emissions.The critics want to debate energy consumption from their laptops. I'm out in the field turning waste into value.If you actually cared about the environment, you'd want every flare stack in Canada connected to a Bitcoin miner.Bitcoin is better.
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