ExxonMobil piloting a Bitcoin mining program in Bakken Shale Basin
- Last Updated on April 22, 2022
- Digitalization
- Energy Efficiency
- Innovation
- Midstream & Downstream Oil & Gas
- Upstream Oil & Gas
ExxonMobil is operating a pilot project to power bitcoin mining operations with surplus gas from its Bakken shale basin oil wells in North Dakota. According to a recent Bloomberg report, the excess natural gas would have been burned off or flared, and the oil company is also trying to supply flared gas to bitcoin miners
Sign Up To Read Full PostIf you already have an account, you can login below: