exxon mobil – DIGIT INFO

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

DIGIT — Thu, 11 Aug 2022 03:30:06 +0000

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 […]

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

DIGIT — Mon, 04 Jul 2022 17:30:16 +0000

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. […]

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

DIGIT — Fri, 25 Mar 2022 05:30:11 +0000

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 […]

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Exxon Mobil is using excess natural gas to power crypto mining: Report

DIGIT — Thu, 24 Mar 2022 22:00:19 +0000

The oil and gas giant launched the pilot program in January 2021 and is now reportedly considering expanding it to Nigeria, Argentina, Guyana, and Germany.

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