Russian Oil Giant Provides Excess Gas to Operations Powering Bitcoin Mining D...
The firm Gazpromneft, an oil subsidiary of the Russian natural gas and global energy company Gazprom, is giving bitcoin mining operations the chance to power operations by using excess gas for electricity. The Russian firm has allowed a small mining operation to benefit from the excess gas by mining bitcoin on-site at the oil field. According to multiple reports, the Russian oil drilling subsidiary Gazpromneft is giving bitcoin miners the ability to utilize excess gas from oil drilling to mine the leading cryptocurrency. A small mining operation called Vekus was the first to leverage....
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A unit of oil and gas giant Gazprom has opened a mining venue on an oil drilling site using gas produced as a byproduct to produce electricity.