Quoted

“This was stranded gas that didn’t have a market. Now, we’ve eliminated the flaring [from that site], and greatly reduced the emissions. And it doesn’t take electricity off the grid, which is getting to be the controversial issue with data centers and Bitcoin mining.”

-Steve Degenfelder, a spokesperson for Wesco Operating Inc., commenting on Wesco’s newly installed gas-adjacent Bitcoin mine. Sergii Gerasymovych, founder of EZ Blockchain, conceived of the idea of using energy from flare gas from natural gas wells (prevalent in shale mining) to mine bitcoin. [Quartz]





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