Clearfield County, PA NatGas Bitcoin Miner Pauses Operations

Bitcoin mining is becoming an important customer for Marcellus/Utica natural gas. Gigantic computer server farms run complex mathematical computations and the result of those computations is a blockchain. When a blockchain is formed, the server farm doing the computations gets compensated with bitcoins, a form of digital money. Bitcoin (the generic term is cryptocurrency) mining uses huge amounts of electricity to run all of those computers. That’s where natural gas comes in. Natgas is used to generate the electricity used to power the computers. A bitcoin "miner" in Clearfield County, PA, recently paused operations at the facility. Why?

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