Crusoe Energy is tackling energy use for cryptocurrencies and data centers and greenhouse gas emissions
The two founders of Crusoe Energy believe they may have a solution to two of the biggest problems the planet is facing today - the increasing energy consumption of the technology industry and the greenhouse gas emissions associated with the natural gas industry. Crusoe, which uses excess natural gas from energy operations to power data centers and cryptocurrency mining operations, has just raised $ 128 million in new funding from some of the top venture capitalists to grow its operations - and timing could not true. 't be better. Methane emissions are becoming a new focus for researchers and policymakers focused on reducing greenhouse gas emissions and keeping global warming within the 1.5 degree targets set in the Paris Agreement. And those emissions are exactly what Crusoe Energy records to power its data centers and Bitcoin mining operations. The reason tackling methane emissions is so important in the short term is because these greenhouse gases trap more heat than their carb...