The Bitcoin mining industry could be about to change for good as reports have emerged that a giant oil & gas company, ExxonMobil is currently looking at the probability of using natural gas to mine the digital asset.
According to available information, the project would allow the company to use natural gas that would have been burned off at oil wells in North Dakota as an energy source for crypto mining operations. The report continued that the company is also currently assessing the possibility of doing the same at other sites around the world.
It was also revealed that ExxonMobil has an agreement with Crusoe Energy Systems that allows the latter to power mobile generators used for bitcoin mining servers on-site, using gas obtained from the Bakken Shale Basin Oil wells.
The crypto-mining project which uses gas that was originally supposed to be flared due to insufficient pipelines; started in January 2021 and has expanded since July of the same year to now using about 18-million
We współpracy z: https://coingape.com/breaking-exxonmobil-mining-bitcoin-natural-gas/
