Landfill Gas Mitigation Firm Vespene Energy Secures $4.3M to Bolster Gas-to-Bitcoin Solutions

August 11, 2022 Bitcoin.com

Landfill Gas Mitigation Firm Vespene Energy Secures .3M to Bolster Gas-to-Bitcoin Solutions

Adam Wright

On August 9, a firm that uses landfill methane to fuel bitcoin miners, Vespene Energy, announced the company has raised $4.3 million in a funding round led by Polychain Capital. Vespene aims to use the funds for its pilot in California by using landfill methane to mine bitcoin and “mitigate a major source of greenhouse […]

Altcoin Tied to Security-Focused Crypto Wallet Surges by 43% This Week Amid Rollout of New Swaps Feature

Analyst Says Duke Energy Corporation Is Studying Bitcoin Mining Applied to Demand Response

July 4, 2022 Bitcoin.com

91 terawatt-hours

According to the lead rates and regulatory strategy analyst at Duke Energy Corporation, the second-largest U.S. energy corporation is currently studying bitcoin mining. Lead analyst Justin Orkney said that a bitcoin demand response (DR) study was being worked on and the energy firm is partnered with bitcoin miners that are enrolled in Duke’s DR programs. […]

Altcoin Tied to Security-Focused Crypto Wallet Surges by 43% This Week Amid Rollout of New Swaps Feature

Report: Gas Giant Exxon Is Running a Gas-to-Bitcoin Mining Pilot Program in North Dakota

March 25, 2022 Bitcoin.com

Bakken Basin

Exxon Mobil Corporation is reportedly participating in a pilot program that leverages excess natural gas to power crypto mining machines, according to a recent report quoting people familiar with the matter. The report states that the oil giant is partnered with the firm Crusoe Energy Systems, and the pilot is purportedly taking place in North […]

Altcoin Tied to Security-Focused Crypto Wallet Surges by 43% This Week Amid Rollout of New Swaps Feature

Third-Largest US Oil Company Eyes Potential New Revenue Stream From Bitcoin (BTC) Economy: Report

February 17, 2022 The Daily Hodl

Bitcoin

The third-largest oil company in the US is reportedly generating additional income in the Bitcoin (BTC) economy. CNBC reports that the Texas-based ConocoPhillips launched a Bitcoin pilot project in North Dakota’s oil-rich Bakken region selling to crypto miners the flare gas that it would have otherwise burned. Oil and gas companies burn excess gas in […]

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