Bitcoin Mining Becoming Big Business in U.S. Oil & Gas Fields

A group of some 200 oil and gas executives and "bitcoin miners" mixed, mingled, drank beer, and talked shop on a recent Wednesday night in August in Houston, Texas. The main topic of discussion: Using “stranded” natural gas to power bitcoin mining rigs, which reduces greenhouse gas emissions and makes money for the gas providers, as well as the miners. Bitcoin mining is becoming a big thing in the oil and gas patch. What is it?

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