2020-2-20 15:00 |
The shale revolution has helped to boost US exports of natural gas, closing price gaps globally and putting the focus on Henry Hub as a pricing benchmark.
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
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Higher prices of natural gas could have a wide range of economic repercussions affecting businesses and consumers.
2021-10-31 13:00 | |
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Denver-based company Crusoe Energy System Inc. to install data centers at shale drilling sites to take advantage of the excess natural gas supplies, and turn it into electricity with which it powers the data centers for mining Bitcoin.
2019-12-8 17:44 | |
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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.
2019-11-4 14:30 | |
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The central bank of Venezuela is reportedly looking into whether it can store cryptocurrencies in its coffers, Bloomberg reports citing four anonymous individuals close to the matter. According to the report the bank‘s investigation follows a request by Petroleos de Venezuela SA (PSDV) – the country’s state-owned oil and natural gas company – which is apparently looking to send Bitcoin and Ethereum to the central bank.
2019-9-26 18:52 | |
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Special thanks to the Plasma Group team for review and feedback Current approaches to layer 2 scaling - basically, Plasma and state channels - are increasingly moving from theory to practice, but at the same time it is becoming easier to see the inherent challenges in treating these techniques as a fully fledged scaling solution for Ethereum.
2019-9-2 04:03 | |
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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.
2019-7-25 23:44 | |
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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.
2019-7-19 16:00 | |
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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.
2019-7-13 19:03 | |
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This article was originally published by 8btc and written by Lylian Teng. Some Chinese listed companies have jumped on the bandwagon of bitcoin mining following the bitcoin bull run throughout 2017, either under the guise of cloud computing or providing mining hosting services, in an effort to bypass regulations considering the country’s tough stance on bitcoin.
2019-5-29 18:53 | |
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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.
2019-5-10 23:00 | |
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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.
2019-5-10 20:04 | |
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Water is essential for life on Earth and is one of our most precious natural resources. But considering how our planet formed, it is quite surprising how much water we still have. The Earth aggregated from a cloud of gas and dust – a protoplanetary disk – and was incandescently hot for the first few million years.
2019-5-9 14:00 | |
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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.
2019-5-8 20:07 | |
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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.
2019-5-7 13:34 | |
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Winklevoss Capital has participated in a $4.5 million seed financing round in a flare mitigation provider to advance its construction of data centers that can mine cryptocurrencies
2019-5-6 16:27 | |
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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.
2019-4-24 22:00 | |
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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.
2019-4-16 22:50 | |
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Many Chinese bitcoin miners migrated to Iran in 2018 for its cheap electricity amid China’s crackdown on crypto mining. However, they’re finding the harsh environment in the authoritarian regime unwelcoming.
2019-4-11 14:55 | |
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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.
2019-4-11 23:38 | |
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Russian national gas corporation Gazprom, which extracts, produces, transports and sells natural gas, has been doing well with its… The post Russian Blockchain Adoption Escalates As Ex President Talks With Head Of GazProm On Blockchain Implementation appeared first on Invest In Blockchain.
2019-4-5 10:24 | |
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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.
2019-3-31 12:00 | |
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Canadian oil companies seem to be mining Bitcoin (BTC) with the excess of gas they have. Mining activities have been expanding in many countries around the world and specifically in those with low temperatures and low electricity prices.
2019-3-30 17:46 | |
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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.
2018-12-11 00:00 | |
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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 […]
2018-11-3 09:00 | |
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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.
2018-11-3 18:43 | |
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The US Department of Energy (DOE) and Energy Information Administration (EIA) have scrapped their emergency survey of Bitcoin mining’s power usage following a lawsuit from industry groups, Reuters and other news outlets reported.
As both artificial intelligence and cryptocurrency gain traction in several aspects of our lives, their escalating energy demands have become a critical issue. Like all technologies that improve our quality of life at the cost of using resources, generative AI and cryptocurrencies—Bitcoin (BTC) in particular—have already produced tremendous value while consuming tremendous amounts of energy.
Investing in assets "outside of the traditional financial system” is the only way to preserve one’s wealth, according to the former BitMEX CEO.
A Singapore-based fund manager will purchase Mawson Infrastructure Group's Texas subsidiary and said it will participate in the state energy grid’s load response program.
Core Scientific had stopped paying Priority Power Management in May 2022.
Pow.re is one of the few companies building out 100 MW of mining in the South American country.
The state's congress will vote next on the bill, which protects bitcoin miners from utility rate hikes and measures by local governments.