The Facilitate Lower Atmospheric Released Emissions (FLARE) Act encourages on-site energy generation.
It does this by turning wasted natural gas into a useful power source for Bitcoin mining.
The FLARE Act: Turning Wasted Energy into Bitcoin Mining Power
The FLARE Act aims to decentralize electricity production. It aims to reduce strain on the grid during high-demand periods or extreme weather events. By capturing flared natural gas—energy that would otherwise go to waste—the bill not only boosts energy efficiency but also helps cut emissions. As Sen. Cruz put it, “I am committed to making Texas the number one place for Bitcoin mining.”
Crypto miners have a unique ability to tap into stranded energy sources. Instead of letting natural gas go up in smoke, miners can use it to power operations, giving wasted energy a second life. The FLARE Act provides tax incentives for infrastructure that captures and repurposes this gas. This makes it easier for businesses to jump on board.
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— Bitcoin Magazine (@BitcoinMagazine) April 3, 2025
The Digital Power Network, a key advocate for responsible energy use, has thrown its weight behind the FLARE Act. Hailey Miller, the group’s Director of Government Relations & Public Policy, praised the bill. This will help eliminate unnecessary gas flaring while driving economic growth.
More About Bitcoin Mining
Bitcoin mining company Bitfarms has successfully secured up to $300 million in funding from the Macquarie Group to develop new mining facilities in Panther Creek, Pennsylvania. This significant investment will help Bitfarms expand its operations and increase its mining capacity, further solidifying its position in the competitive Bitcoin mining industry.
Bitcoin mining company @Bitfarms_io has successfully secured up to $300 million in funding from Macquarie Group to build facilities in Panther Creek, Pennsylvania pic.twitter.com/kBk39WBrnb
— Documenting ₿itcoin
(@DocumentingBTC) April 3, 2025
The funding will be used to build state-of-the-art infrastructure in the region, allowing the company to tap into Pennsylvania’s abundant and affordable energy resources. With this backing, Bitfarms aims to enhance its operational efficiency and scale its mining activities to meet growing demand in the cryptocurrency market.
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