US energy company opens crypto mining facility in Middle East to use stranded natural gas
Denver-based Crusoe Energy will help the Middle East nation to cut the gas flaring with the pilot project scheduled for the end of 2022.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Denver-based Crusoe Energy will help the Middle East nation to cut the gas flaring with the pilot project scheduled for the end of 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 CointelegraphRelated market context
Veteran Bitcoin developer Luke Dashjr exits OCEAN pool – Will hash power follow him to new pool?
OCEAN Mining has completed a buyout of co-founder and 16-year veteran Bitcoin Core developer Luke Dashjr, ending his ownership and...
Bitcoin’s Moment Has Come for the Far East, Says Metaplanet CEO
Bitcoin Magazine Bitcoin’s Moment Has Come for the Far East, Says Metaplanet CEO Bitcoin’s time has come in Asia — especially with...
A zero-revenue public company tried to copy Michael Saylor to avoid delisting, but its stock immediately crashed 25%
Alpha Modus shares fell 25% after the company agreed to issue more than 10 times its existing share count for Bitcoin. The Nasdaq-...
Bitcoin treasury company registers 93% of shares for resale and puts third of its crypto into options
USBC has registered a block of already-issued shares equal to almost its entire outstanding common stock for potential resale, cre...
Third Point’s Core Scientific Stake Puts Bitcoin Miner-To-AI Trade In Focus
Dan Loeb’s Third Point has disclosed an equity position in Core Scientific, adding another institutional name to the growing trade...
One mid-tier Bitcoin treasury just gambled its entire BTC reserve on a single 30-day reset price
PowerCompute, a Bitcoin treasury and mining company, added $3.765 million to its debt after an early Bitcoin collar reset involvin...