Top US-based fuel producer ExxonMobil is reportedly mining Bitcoin (BTC) in an effort to cut down on wasted energy. According to a CNBC report, ExxonMobil has partnered up with Denver-based energy company Crusoe Energy Systems to mine Bitcoin in North Dakota using technology that repurposes surplus natural gas. The pilot program, which began in January […]
The post Oil and Gas Giant ExxonMobil Turns to Bitcoin (BTC) Mining To Reduce Wasted Energy: Report appeared first on The Daily Hodl.
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 […]
The cryptocurrency exchange Coinbase has addressed the company’s procedures toward complying with sanctions in a blog post published on Sunday. The crypto firm says that respecting sanctions plays a “vital role in promoting national security” and the acts can help deter “unlawful aggression.” Coinbase Intends to Comply With International Sanctions, Chief Legal Officer Says ‘Digital […]
