Home Bitcoin News Bitcoin Mining Former Oilfield Drillers See Energy Sector and Bitcoin Mining Joining Forces – Coindesk

Former Oilfield Drillers See Energy Sector and Bitcoin Mining Joining Forces – Coindesk

53 second read
Comments Off on Former Oilfield Drillers See Energy Sector and Bitcoin Mining Joining Forces – Coindesk
13

Vitality companies would possibly assume, “‘We’re already flaring the fuel, why not make one thing out of it?’ I believe that that’s a straightforward conclusion,” Schultz stated in an interview with CoinDesk. Nevertheless, if the flared fuel turns into economically helpful for an oil and fuel firm, it might develop into extra prone to drill one other effectively that’s going to have stranded fuel, which might hurt the setting additional, he cautioned.

Adblock test (Why?)


Source link

Comments are closed.

Check Also

Crypto market flash-crash, Bitcoin, Ethereum and altcoins down double-digit percentage moves.

The cryptocurrency market is experiencing a broad and big sell-off throughout the New York…