Marathon Digital Holdings announces its first Bitcoin mining pilot project powered by renewable off-grid energy from a landfill. According to the EPA, Municipal Solid Waste landfills contribute to approximately 14% of human-related methane emissions in the United States. Instead of flaring or venting greenhouse gas, Bitcoin miners can beneficially use that energy directly on-site.
To explore this concept, Marathon has initiated a 280 KW pilot project with Nodal Power to mine Bitcoin at an off-grid Utah landfill facility. If successful, Marathon may be able to further diversify its operations, lower its energy costs, and reduce greenhouse gas emissions.