Tag: Natural Gas
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Exxon is Mining Bitcoin with Excess Gas To Reduce Emissions
Even with natural gas prices at all-time time highs, Big Oil in the US is turning their excess flare gas into bitcoin.
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The Majority of Bitcoin Mining is Fueled by Sustainable Energy
TLDR: Bitcoin mining leverages 52.6% sustainable energy, making it an appealing ESG investment. Bitcoin mining has been a topic of controversy in recent years due to concerns over its environmental impact. A 2020 study by Cambridge University found that only 39% of Bitcoin mining was powered by renewable energy sources. However, a more recent study…
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Russia Considering Bitcoin Payments for Oil and Gas Exports
The USD is crushing fiat currencies world wide and Putin is considering accepting Bitcoin as a payment for his Oil and Gas exports.