Exxon provides natural gas to power crypto mining, looks at expanding the program globally
Bloomberg (gated) with the article, citingpeople familiar with the matter, who asked to not be named because the information isn’t public:
gas is taken from an oil
well pad in the Bakken shale basin to power mobile generators used to
run Bitcoin mining servers on site
uses up 18
million cubic feet of gas per month that would have otherwise been
burned off — or flared — because there aren’t enough pipelines
Exxon Mobil Corp. is considering doing the
same at other sites around the globe
BTC update:
This might cause a bit of a stir.
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