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The Coin Rise
2022-02-17 04:58:04

ConocoPhillips aims to reduce ‘routine flaring’ via Bitcoin mining

ConocoPhillips aims to reduce ‘routine flaring’ via Bitcoin mining

ConocoPhillips, one of the world’s largest oil and gas companies, is experimenting with Bitcoin (BTC) mining to reduce the wasteful process of flaring. As per a report by CNBC, the company is now running a pilot project in North Dakota’s oil-rich Bakken region. Instead of wasting excess gas, a byproduct of oil drilling called flaring; the company […]The post ConocoPhillips aims to reduce ‘routine flaring’ via Bitcoin mining appeared first on Blockchain, Crypto and Stock News.

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