Bitcoin miner Crusoe Energy Systems raised $505 million in a Series C round to accelerate the growth of its mining operations powered by natural gas that is typically burned as a waste product of oil extraction.
This setup has been touted as a win-win situation. The miners use excess natural gas, in theory reducing methane emissions while generating a profit. Crusoe recentlywith oil and gas behemoth Exxon in North Dakota and is considering setting up similar ones in Alaska, Nigeria, Argentina, Guyana and Germany.
“This capital will enable Crusoe to deploy Digital Flare Mitigation at greater scale, to use its solution to accelerate renewable energy deployment, and to continue innovating its industry-leading technology,” said Kortlang.
I was told about xavier_emerson_ , but I was not sure if I could see a change in life. It all happened like a miracle, when I invested $2,000 into his coin pumps through telegram and got my payment of $7,000 from the pump. DM xavier_emerson_
Wow
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CoinDesk - 🏆 291. / 63 Read more »
Source: CoinDesk - 🏆 291. / 63 Read more »
Source: Luxuo - 🏆 571. / 51 Read more »