Gas companies in Canada are utilizing trapped natural gas otherwise flared to the atmosphere for bitcoin mining, creating a useful application for illiquid energy. Why Flare When You Can Mine Bitcoin Canadian gas companies in Alberta are developing means of utilizing natural gas to power bitcoin mining farms. This revelation is according to Francis Pouliot of Canada-based BTC mining firm Bull Bitcoin. Tweeting on Wednesday (July 10, 2019), Pouliot says this trend could become usefulRead MoreThe post Bitcoin Mining May Prove Useful for Gas Well Owners appeared first on Bitcoinist.com.
