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North American miners cooperate with oil rigs to exploit surplus natural gas to mine Bitcoin.

North American miners cooperate with oil rigs to exploit surplus natural gas to mine Bitcoin.

2021/5/24

Bitcoin miners in North America are working with oil rigs to use excess natural gas to mine Bitcoin. Since oil and natural gas usually come from the same well, when the driller extracts the oil, the natural gas is wasted during the combustion process. In Wyoming, Steve Degenfelder, manager of Kirkwood Oil and Gas, explained that natural gas is a by-product of the oil extraction process.


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