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Iran court orders the release of seized crypto mining equipment

In June 2022, Iran had to cut the power supply for legal mining firms as the country's electricity consumption recorded an all-time high of 62,500 MW during peak consumption.

Abdolmajid eshtehadiCrusoe energyIran ministry of economic affairsCambridge centerTransmission company of iranIran organization for collectionState owned propertyEconomic affairsTransmission companyDenver based crusoe energyMiddle eastern

Go green or die? Bitcoin miners aim for carbon neutrality by mining near data centers

Bitcoin mining companies must prove to be carbon neutral as new regulations take shape.

United statesNew zealandNorth dakotaDickens countyAlex tapscottArgo blockchainKevin olearyJoshua doubekPeter wallAkbar shamjiRiot blockchain incBlockchain research instituteExchange commissionCrusoe energyMarathon digital holdingsTask force on climate

ConocoPhillips Is Selling Extra Gas To Bitcoin Miners

With its Bitcoin pilot, ConocoPhillips is both monetizing energy that would otherwise be wasted and reducing its emissions.

North dakotaUnited statesConocophillip bitcoinCrusoe energy systemsEarth resources observationPhillip bitcoinDenver based crusoe energyBitcoin miners

Two 23-year-old Texans made $4 million from mining Bitcoin in 2021

Two 23-year-olds from Texas founded a Bitcoin mining company that is powered by flare gas from oil fields.

United kingdomUnited statesBrent whiteheadMatt lohstrohLee bratcherUniversity of cambridgeTexas blockchain councilTexasam universityCrusoe energy systemsGiga energy solutionsGiga energyDenver based crusoe energyFlare gas

These 23 Year-Old Texans Made $4 Million Last Year Mining Bitcoin Off Flare Gas From Oil Drilling

Brent Whitehead and Matt Lohstroh are mining bitcoin off flare gas from oil drilling.

Saudi arabiaUnited statesBrent whiteheadMatt lohstrohSteve barbourAdam ortolfLee bratcherTexas blockchain councilTexasam universityCrusoe energy systemsGiga energy solutionsDenver based crusoe energyNorth american prospect expoTexas blockchainUpstream dataItcoin usd coinbase

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