25+ Natural Gas Flaring Bitcoin Mining UK. Publicly traded petroleum multinational equinor is moving to significantly reduce natural gas flaring by mining cryptocurrency, according to a report. When wesco first contacted ez, they were flaring around 240 mcf of natural gas a day.
Bitcoin mining software's are specialized tools which uses your computing power in order to mine cryptocurrency.
The future of this oil company now includes natural gas monetization. The whole o&g industry has been waiting for a. The crypto mining firm initially deployed the ez smartgrid system over 2 days in october 2020. Flaring, a common practice of burning off natural gas that can't be efficiently captured and stored has reportedly reached record levels in the state of let's look at why bitcoin mining would be the perfect solution for texas to capture its energy 'waste' and transform it into sound money.