Visual of a Bitcoin symbol with green lines and cracked concrete, illustrating Nigeria’s innovative use of wasted gas for digital currency.
In Nigeria’s Niger Delta, Green Flare Holdings plans to transform waste gas from oil fields into power for Bitcoin mining—a bold climate-tech move with billion-dollar potential. By capturing flare gas and converting it into electricity, the company will reduce emissions while powering data centers. While it is starting with Bitcoin, Green Flare plans to eventually scale into AI and cloud computing, positioning Nigeria as a digital infrastructure hub. The startup’s model echoes efforts in the US by companies like Crusoe Energy and Giga Energy; however, it promises greater impact locally, including rural electrification initiatives and technical education programs. With costs far below industry averages and a dual-revenue model, Green Flare is betting big on stranded energy and rising global demand.
Techcabal