Conoco Bitcoin Mining
Conoco Bitcoin Mining latest news, images, analysis about Feb 15, 2022 · Shares of ConocoPhillips are trading around 2.5% lower as of Tuesday afternoon. The push into bitcoin mining dovetails with an initiative by the oil and gas major to reduce …
FAQs for Conoco Bitcoin Mining
Is ConocoPhillips mining bitcoin with natural gas?
ConocoPhillips is supplying a Bitcoin mining project with natural gas from the Bakken shale of North Dakota in a first for a major U.S. producer.
What is ConocoPhillips doing with Bitcoin in the Bakken?
“ConocoPhillips has one bitcoin pilot project currently operating in the Bakken, where gas that would otherwise have been flared is routed to a bitcoin processor owned and managed by a third party,” a spokesperson for ConocoPhillips told CoinDesk in an emailed statement.
Can a bitcoin mine be located to an oil and gas field?
Co-locating a bitcoin mine to an oil and gas field is a huge help toward that goal, though it won’t affect the company’s scope three carbon emissions, an industry term used to describe emissions that are a result of activities from assets not owned or controlled by the reporting organization.
Is Exxon working to mine bitcoin in North Dakota?
ExxonMobil, the top oil and gas producer in the U.S., is piloting a project to mine bitcoin in North Dakota, according to people with knowledge of the matter. For over a year, Exxon has been working with Crusoe Energy Systems, a company based in Denver, said the people who asked not to be named because details of the project are confidential.
Most Popular News for Conoco Bitcoin Mining
ConocoPhillips is selling extra gas to bitcoin miners in …
Conoco feeding a bitcoin mine in North Dakota's Bakken …
ConocoPhillips Selling Excess Gas to a Bitcoin Miner in …
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ConocoPhillips Is Selling Extra Gas To Bitcoin Miners
ConocoPhillips Sells Excess Bakken Gas To Bitcoin Miner
Oil and Gas Giant ConocoPhillips Enters Bitcoin ($BTC) Mining …
ConocoPhillips Is Selling Energy to a Crypto Mining Firm
ConocoPhillips Lowers Gas Fire Discharge via Bitcoin Mining
Exxon mining bitcoin with Crusoe Energy in North Dakota …
Conoco Phillips Says Operating Baken Bitcoin Pilot Project
ConocoPhillips Is Supplying a Bitcoin Miner With Gas From Bakken
As Oil Giants Turn to Bitcoin Mining, Some Spin Burning Fossil …
ConocoPhillips aims to reduce ‘routine flaring’ via Bitcoin mining
ConocoPhillips is supplying a Bitcoin miner with gas from Bakken
ConocoPhillips supplying a Bitcoin miner with gas from Bakken
ConocoPhillips Supplying Bitcoin Miner with Bakken Gas
Oil and Gas Company ConocoPhilips Enters Into Bitcoin Mining to …
ConocoPhillips supplying a Bitcoin miner with gas from Bakken
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