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Bitcoin Miners in Canada Uncover Green Energy Breakthrough
Canadian gas companies are using trapped natural gas to fuel Bitcoin mining, instead of simply having it flared to the atmosphere. Bitcoin mining is renowned for requiring a lot of resources, and with an increased price of the coins, mining is once again under the spotlight. дальше »
2019-11-4 14:30 | |
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EnHelix Launches Energy Commodity Trading On Hyperledger Fabric; Reducing Risk & Increasing Speed
EnHelix launches the first blockchain based commodity trading for the gas industry in Huston’s Gastech Energy Conference held last week. A number of industries are adopting blockchain technology in a bid to streamline the supply chain process and cut out intermediaries. дальше »
2019-9-30 17:03 | |
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Modex Launches An Enterprise Blockchain Deployment Pilot With Major Energy Producer Dietsmann
Modex, a blockchain solutions firm, released its Blockchain Database (BCDB) platform to ease out the deployment of blockchain technology across corporations and enterprises. Oil and gas firm, Dietsmann, becomes one of the first enterprises to use the platform to deploy a blockchain. дальше »
2019-9-23 17:29 | |
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China’s Oil and Gas Kingpin Sinochem To Develop Blockchain Platform With Shell And Macquarie
Blockchain technology is being used in various industries as more applications for groundbreaking technology are developed. A group of energy companies has come together to build a blockchain platform for the energy industry. дальше »
2019-9-6 18:26 | |
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Chinese Energy Provider ENN Sheds Light On VeChain Tech
One of China’s largest energy providers is using blockchain technology to trace the supply of natural gas. Serving an urban population of 94. 57 million in 187 Chinese cities, ENN Energy Holdings Limited is harnessing VeChainThor technology for “optimal quality control and supply-chain management. дальше »
2019-7-25 23:44 | |
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Bitcoin Mining Helps Oil Companies Reduce Carbon Footprint
Natural gas acquired as a byproduct of oil extraction has become synonymous with wasted energy. In certain areas, drilling companies are unable to find a profitable market for the excess fuel. It’s often vented into the atmosphere. дальше »
2019-7-19 16:00 | |
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Bitcoin Mining May Prove Useful for Gas Well Owners
Gas companies in Canada are utilizing trapped natural gas otherwise flared to the atmosphere for bitcoin mining, creating a useful application for illiquid energy. Why Flare When You Can Mine Bitcoin Canadian gas companies in Alberta are developing means of utilizing natural gas to power bitcoin mining farms. дальше »
2019-7-13 19:03 | |
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Oil and gas giant Shell invests in Ethereum blockchain project to track flow of energy
World’s fifth-largest oil and gas company, Shell, took a step forward in its exploration of the blockchain world, after it invested in a New-York based startup using a modified version of Ethereum blockchain. дальше »
2019-7-11 20:30 | |
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Major Energy Companies Invest $6 Million in Blockchain Startup Data Gumbo
The American blockchain startup Data Gumbo Corp. secured $6 million in its Series A funding. It was co-led by the venture arm of the largest petroleum and natural gas company Suadi Aramco, reported World Oil on May 8, 2019. дальше »
2019-5-10 23:00 | |
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Hut 8 Mining on Sustainability, Expansion and Surviving Crypto Winter
Hut 8 Mining (named after Hut 8 in Bletchley Park, where Alan Turing broke the enigma code and accelerated the end of World War II) has just filed its audited financial statements for 2018, detailing a tight but still profitable bitcoin mining business. дальше »
2019-5-10 20:04 | |
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Oil Field Alchemy: How Bitcoin Can Turn Waste, Emissions into Proof-of-Work
In a handful of oil fields in the Great White North, natural gas, an otherwise wasted drilling by-product, is being put to work. But it’s not being used to well more oil; it’s being used to mine bitcoin. дальше »
2019-5-8 20:07 | |
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Winklevoss Capital Backing Flare Mitigation of Natural Gas with Crusoe Energy Systems Financing
According to Bloomberg, the Winklevoss twins’ family office has participated in a seed financing for Crusoe Energy Systems Inc. to the tune of $4. 5 million. Crusoe Energy has plans to advance construction of data centers that mine cryptocurrency using a surplus of natural gas. дальше »
2019-5-7 13:34 | |
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Stock Mysteriously Surges 275% in April & Nobody Knows Why
By CCN: The US stock market has enjoyed a tantalizingly-buoyant month. The Dow Jones Industrial Average and S&P 500 each climbed more than 3 percent, while the Nasdaq soared more than 7 percent on blockbuster tech earnings. дальше »
2019-4-26 18:31 | |
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Why Moving to Texas Could Give Bitcoin Miners Maximum Profit
Flaring, a common practice of burning off natural gas that can’t be efficiently captured and stored has reportedly reached record levels in the state of Texas. Let’s look at why Bitcoin mining would be the perfect solution to capture this energy ‘waste’ and transform it into sound money. дальше »
2019-4-24 22:00 | |
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F-Secure report highlights the woeful state of insecurity in the energy industry
It is the most important industry in the world. Energy. We need it. Without it, nothing works. Without the oil producers and refiners, there’s no petrol to fuel our cars. Without power plans and the supporting infrastructure, there’s no electricity to keep the lights on. дальше »
2019-4-16 22:50 | |
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Chinese Bitcoin Miners Suffer in Iran Despite Cheap Power
This article was originally published by 8btc and written by Lylian Teng. Many Chinese cryptominers have migrated to places with cheap electricity and favorable policies as a result of the escalated government crackdown on cryptocurrency and its production process. дальше »
2019-4-11 23:38 | |
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Bitcoin Converts ‘Waste Product’ From Oil Industry into Financial Freedom, Says Miner
Bitcoin mining is an industry that seeks out cheap energy sources that would often go to waste. And in some parts of North America, natural gas is becoming pretty much exactly that. The Oil Industry Produces More Gas Than It Can Handle Natural gas prices in North America have tanked. дальше »
2019-3-31 12:00 | |
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Norwegian Fund Hosts $7 Billion Mega-Sale of Energy Companies
The Norwegian Sovereign Fund has announced a $7 billion sale of shares for 134 exploratory fossil fuel and energy companies. Norway owns the largest sovereign fund in the world, the Government Pension Fund Global (GPFG), which is valued at over $1 trillion. дальше »
2019-3-21 00:44 | |
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TerraGreen Aims At Creating A Better World By Generating Energy from Bio Waste
Around 100 billion metric tons of biomass waste gets produced each year, and as these wastes get rotten and decompose, they release gases such as methane which is very hazardous gas for the environment. дальше »
2019-1-29 14:08 | |
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Oil behemoths join Shell and friends on energy trading blockchain
The centuries-old, paper-based trading process of the oil and gas industry was overhauled last year, courtesy of the blockchain and an industry consortium originally including Shell, BP, ABN Amro, ING, and Societe Generale. дальше »
2019-1-16 19:12 | |
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Video shows Tesla owners could just tow pickups blocking Supercharger stations… if they wanted
YouTuber shows one way to stop pickup trucks from blocking Tesla Supercharging stations… tow them There’s no better way to “own the libs” than parking a gas guzzling pickup in front of a renewable fuel source. дальше »
2019-1-5 05:12 | |
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Abu Dhabi National Oil Firm Adopts IBM’s Blockchain Solution
The Abu Dhabi National Oil Company (ADNOC), a leading diversified energy and petrochemicals group that claims to produce roughly 3 million barrels of oil and 10. 5 cubic feet of natural gas daily, has joined forces with IBM to enable it integrate distributed ledger technology (DLT) into its operations and reduce risks while fostering transparency and efficiency, according to a press. дальше »
2018-12-11 00:00 | |
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Shell, BP, and big banks launch energy trading platform on the blockchain
The centuries-old, paper-based trading process of the oil and gas industry is getting overhauled, courtesy of the blockchain and an industry consortium including Shell, BP, ABN Amro, ING, and Societe Generale. дальше »
2018-11-29 17:22 | |
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VeChain Partners With Shanghai Gas And ENN On Natural Gas Initiative Using VeChainThor Blockchain
The world is seeking to shift to the adoption of clean energy, and China is making significant strides towards achieving that goal. As per today’s announcement, blockchain-based firm VeChainThor Blockchain begins a partnership with the leading Chinese energy and gas companies ENN Energy holdings and the State-owned Shanghai Gas Group. VeChain partners with Shanghai Gas […] дальше »
2018-11-3 09:00 | |
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VeChainThor Partners with Chinese Gas Companies to Establish Blockchain-Based Natural Gas Solution
An exciting announcement was made at this year’s China International Gas & Heating Technology and Equipment Exhibition. In an attempt to reduce carbon emissions and increase the adoption of clean energy, two leading Chinese gas and energy companies have revealed a new collaboration with the VeChainThor blockchain project. дальше »
2018-11-3 18:43 | |
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IOTA Foundation Partners With ENGIE Lab CRIGEN to Create a Smart Energy Ecosystem
The IOTA Foundation, a nonprofit organization dedicated to developing the IOTA and Tangle architecture, and ENGIE Lab CRIGEN, a corporate research center focused on gas, new energy source, and emerging technologies, have partnered together to drive innovation in the distributed ledger technology (DLT) and smart energy ecosystem. дальше »
2018-9-8 15:59 | |
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Study Finds Bitcoin Mining May Threaten Paris Climate Agreement
According to MarketWatch, Bitcoin mining requires so much energy that it could pose a threat to the international Paris Agreement, which was designed in 2015 to reduce the amount of greenhouse gas emissions released into the earth’s atmosphere. дальше »
2018-8-3 12:29 | |
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Study Finds Bitcoin Mining May Threaten Paris Climate Agreement
According to MarketWatch, Bitcoin mining requires so much energy that it could pose a threat to the international Paris Agreement, which was designed in 2015 to reduce the amount of greenhouse gas emissions released into the earth’s atmosphere. дальше »
2018-8-3 21:31 | |
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