Bengal Energy to mine Bitcoin using stranded gas wells in Australian outback By Cointelegraph
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© Reuters. Canadian oil and gas company Bengal Energy is dipping its toes into (BTC) mining as a way of utilizing the untapped energy from its gas wells in the far reaches of the Australian outback.
According to a report from The Australian, Bengal Energy is set to conduct a pilot program where roughly 70 Bitcoin mining rigs will be set up inside a portable building — known in the local mining industry as a “donga” — which will be assembled near a series of previously out-of-operation gas wells in the Cooper Basin.
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Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
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© Reuters. Canadian oil and gas company Bengal Energy is dipping its toes into (BTC) mining as a way of utilizing the untapped energy from its gas wells in the far reaches of the Australian outback.
According to a report from The Australian, Bengal Energy is set to conduct a pilot program where roughly 70 Bitcoin mining rigs will be set up inside a portable building — known in the local mining industry as a “donga” — which will be assembled near a series of previously out-of-operation gas wells in the Cooper Basin.
Continue Reading on Coin Telegraph
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
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