Argentine Oil Subsidiary YPF Luz Powering Bitcoin Mining Activities With Residual GasYPF Luz, a subsidiary of the Argentine state oil company YPF, is currently piloting a project to power bitcoin mining operations with residual gas. Argentine Company YPF Luz Takes Bitcoin Mining to the Oil WellsCryptocurrency miners are always looking for new forms of getting cheap and convenient power sources to run mining operations. YPF Luz, a subsidiary of the state-owned YPF in Argentina, is running a pilot project to take advantage of flare or residual gas to power bitcoin mining operations. YPF Luz already has a series of customers that pay for this kind of power, which is being produced on-site with generators installed during the oil well drilling phase. What do you think about YPF Luz’s onsite energy generation plans for Bitcoin mining?

Source: Ethiopian News October 05, 2022 00:53 UTC