Senator Introduces Bill to Power Bitcoin Mining with Waste Gas

Senator Ted Cruz has proposed the Facilitate Lower Atmospheric Released Emissions (FLARE) Act, which aims to utilize wasted natural gas for Bitcoin mining. The bill incentivizes businesses to capture this often-wasted energy and turn it into a power source for miners. This approach can reduce strain on the electricity grid during peak demand or extreme weather events, contributing to both energy efficiency and emission reduction. The FLARE Act is being supported by The Digital Power Network, who believes it will help eliminate unnecessary gas flaring while fostering economic growth.