Reuters provides insight on oil drillers and Bitcoin miners bond over natural gas

by DailyBriefers
3 comments

Environment

Reuters took readers on a deep dive into how stray natural gas, unwanted by U.S. oil companies, is being converted on the spot into electricity to power a search for another treasure: cryptocurrencies such as Bitcoin. Oil companies face pressure from investors and government officials to reduce emissions that lead to global warming. Sometimes they give the gas away for free to cryptocurrency miners; other times they sell it. 

Article Tags

Topics of Interest: Environment

Type: Reuters Best

Sectors: Commodities & Energy

Regions: Global

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Major Global Story

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