Two Texans Use Flare Gas to Net USD 4M on Bitcoin Mining, Plan USD 20M in 2022
Two Texan 23-year-olds have use an alternative way to mine Bitcoin (BTC), using flare gas from oil drilling, generating USD 4m in revenue last year, and eyeing USD 20m by the end of 2022.... Read More: Two Texans Use Fla...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Two Texan 23-year-olds have use an alternative way to mine Bitcoin (BTC), using flare gas from oil drilling, generating USD 4m in revenue last year, and eyeing USD 20m by the end of 2022....
Read More: Two Texans Use Flare Gas to Net USD 4M on Bitcoin Mining, Plan USD 20M in 2022
Why this matters
This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
How one of our clients approached estate planning and opened a Kraken account in their trust’s name
TL;DR One family set up a revocable trust, pour-over wills, a guardian and conservator nomination, and powers of attorney with an...
Tether Wins Mining Industry Support For Its Open Automation Toolkit
Tether is trying to make Bitcoin mining equipment easier to operate as one system. Its October 24 announcement brings 15 industry...
Strive is 1,001 Bitcoin away from surpassing Metaplanet as second-largest Bitcoin treasury
Strive's aggressive Bitcoin acquisition strategy highlights the intensifying competition among corporate treasuries, impacting mar...
Bitmine’s Holdings Value Dips to $15 Billion Despite 10,452 ETH Buy
Bitmine Immersion Technologies bought 10,452 ETH in the week through Oct. 25, lifting its holdings to 6,051,933 ETH, while a lower...
Bernstein cuts Coinbase target, raises Circle outlook as crypto revenue mix shifts
The shift in crypto revenue sources highlights the growing importance of derivatives, prediction markets, and tokenization over tr...
Tom Lee declares ‘crypto bull market is underway’ as Bitmine lifts ETH treasury past six million coins
Bitmine adds 10,452 ETH to reach 6.05 million ETH, about 4.95% of Ethereum's supply. Chairman Tom Lee says the crypto bull market...