June 28, 2022
COINBUZZFEED

COINBUZZFEED

According to a recent storey citing sources familiar with the situation, Exxon Mobil Corporation is apparently taking part in a pilot scheme that uses excess natural gas to power crypto mining machines.

Report: Gas Giant Exxon Is Running a Gas-to-Bitcoin Mining Pilot Program in North Dakota

According to a recent storey citing sources familiar with the situation, Exxon Mobil Corporation is apparently taking part in a pilot scheme that uses excess natural gas to power crypto mining machines. According to the newspaper, the oil giant is working with Crusoe Energy Systems on the pilot, which is taking place in North Dakota’s Bakken shale field.

According to unnamed sources, Exxon is testing a bitcoin mining operation using flare gas in North Dakota.

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