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Analysts: Venezuela’s Oil Industry Resurgence May Precede a Flared-Gas Bitcoin Mining Boom

Several local mining experts agree that there is sufficient gas in the country to establish a mobile fleet of bitcoin miners directly adjacent to oil extraction operations. Estimates set the gas lost to flaring operation...

Analysts: Venezuela’s Oil Industry Resurgence May Precede a Flared-Gas Bitcoin Mining Boom
Several local mining experts agree that there is sufficient gas in the country to establish a mobile fleet of bitcoin miners directly adjacent to oil extraction operations. Estimates set the gas lost to flaring operations in the country at 13,000 cubic meters, which could be used to power bitcoin mining farms. Venezuela Might Become a […]

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