Re:A Bitcoin Mine at a Natural Gas Well in Texas
by asciimike on Saturday March 19, 2022 @01:11PM
(#30735533)
ND has passed legislation to incentivize flare mitigation (e.g. https://www.ndlegis.gov/assembly/67-2021/documents/21-0935-0...) that aims for the carrot rather than the stick, though I anticipate that at some point in the near future we will see more jurisdictions go for the stick.
Using it to make Bitcoin is only currently economically viable due to a combination of underregulation of oil extractors (reducing the cost of the pollution) and underregulation of cryptocurrencies (increasing the profit from mining), with both types of regulation being held back by Texas legislators.