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Exxon Provides Natural Gas to Fuel Crypto Mining, Plans to Expand Program Globally


Bloomberg (closed) with the article, citing people familiar with the matter, who asked not to be named because the information is not public:

  • gas is extracted from an oil well in the Bakken shale basin to power the mobile generators used to run the Bitcoin mining servers on site
  • uses up to 18 million cubic feet of gas per month that would otherwise have been flared – or flared – because there aren’t enough pipelines
  • Exxon Mobil Corp. East consider doing the same on other sites around the world

BTC update:

It might cause a bit of a fuss.


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