Bitcoin

Bitcoin Miners Eyeing Argentina’s Natural Gas Cash Cow

Bitcoin Miners Eyeing Argentina’s Natural Gas Cash Cow

British company FMI Minecraft is working on a project to mine the cryptocurrency Bitcoin using natural gas from Argentina’s Vaca Muerta. The project would be in the Zapala free trade zone in the province of Neuquén and source gas from the Vaca Muerta, or ‘Dead Cow’ shale formation. “Vaca Muerta is great because there are…

March 24, 2022
Black Hills Touts 33% Drop in Natural Gas Utility Emissions, Growing Demand from Crypto Miners

Black Hills Touts 33% Drop in Natural Gas Utility Emissions, Growing Demand from Crypto Miners

As of 2020, Black Hills Corp. cut the greenhouse gas (GHG) intensity of its natural gas utility operations by one-third, the natural gas and electric utility reported earlier in February. “From a 2005 baseline, we’ve already achieved a 30% reduction…at our electric utilities and a 33% reduction at our natural gas utilities,” CEO Linn Evans…

February 18, 2022
Canada’s North Vancouver Launching Bitcoin Heating Pilot with MintGreen in 2022

Canada’s North Vancouver Launching Bitcoin Heating Pilot with MintGreen in 2022

The financial market novelty substitute for fossil fuels, waste heat from Bitcoin mining, has reached southwestern British Columbia (BC). MintGreen Blockchain Innovation Corp. announced the sale of the Bitcoin byproduct to Lonsdale Energy Corp. (LEC), a district heating utility owned by the City of North Vancouver.  The city’s hydronic district energy system delivers heat to…

October 19, 2021