The FLARE Act Explained: How Bitcoin Miners Are Saving the Environment

The Facilitate Lower Atmospheric Released Emissions (FLARE) Act represents a new federal law from U.S. Senator Ted Cruz (R-TX) that uses tax incentives to transform energy waste into useful output. The federal bill seeks:

“To amend the Internal Revenue Code of 1986 to provide for permanent full expensing for property used to capture gas that would otherwise be flared or vented and to use such gas in value-added products.”

FLARE Act: A Game Changer for Texas’s Energy Sector

Energy-abundant Texas sees this initiative as its top solution to enhance grid reliability while improving energy usage effectiveness. The bill supports Texas’s digital asset growth by rewarding facilities that produce electricity or valuable outputs from stranded natural gas. The lawmaker stated:

“I am committed to making Texas the number one place for bitcoin mining. The FLARE Act incentivizes entrepreneurs and crypto miners to use natural gas that would otherwise be stranded.”

FLARE Act Gains Industry Support for Energy Efficiency

Texas’s natural energy resources produce more bitcoin while keeping our bitcoin industry leadership and protecting the environment. The legislation blocks companies owned by Chinese, Iranian, North Korean, and Russian foreign adversaries from taking part in its operations. 

This protection aims to secure energy supplies while assisting domestic researchers who develop greater energy usage techniques. The new legislation wins approval from major industry players because the Digital Power Network supports integrating digital energy technologies into market systems. 

Hailey Miller leads Government Relations at the Digital Power Network and commends the bill as an essential first step for ending gas flaring waste. Through the Voice of Digital Power Network our organization backs Senator Cruz’s FLARE Act. 

How Bitcoin Miners Help Cut Emissions with FLARE Act

The FLARE Act will remove natural gas waste from production sites and create new ways for America to achieve energy breakthroughs according to Miller. Hailey Miller further emphasized the bill’s impact on the cryptocurrency sector, noting that:

“Bitcoin miners are uniquely positioned to help reduce emissions by harnessing stranded and wasted energy sources, and the FLARE Act ensures that American energy producers have the tools to deploy cutting-edge solutions that make our energy markets more efficient and resilient.”

The FLARE Act brings together energy sustainability and digital asset management to make positive changes to how America uses its natural resources and positions itself in cryptocurrency mining and innovation.People in both policy and energy sectors closely follow how the bill becomes a law to discover how it adapts current energy systems and cryptography production methods.

Conclusion

The FLARE Act takes deliberate steps to improve energy efficiency and boost cryptocurrency innovation. The bill helps grow the economy and protect the environment by giving natural gas a new use to run the power grid better. When this project succeeds it will make both Texas the leading state in digital assets and energy management technologies.

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FAQs

What is the FLARE Act?

 A bill that provides tax incentives for capturing and using wasted natural gas instead of flaring or venting it.

How does it help the energy sector? 

It promotes infrastructure to convert stranded gas into electricity, boosting grid resilience and reducing emissions.

 Who can benefit from it?

Energy producers, crypto miners, and entrepreneurs—except companies from China, Iran, North Korea, and Russia.

 Who supports the bill? 

The Digital Power Network and other industry leaders are backing energy innovation and emission reduction.

Glossary of Key Terms

FLARE Act – A bill offering tax incentives to capture and use wasted natural gas.

Flaring/Venting – Burning or releasing excess natural gas into the air.

Grid Resilience – The energy grid’s ability to handle disruptions.

Bitcoin Mining – Using computing power to validate transactions on the blockchain.

Stranded Natural Gas – Gas that is unused due to transport challenges.

Digital Power Network – A group promoting digital and energy tech integration.

References

cruz.senate.gov

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