According to the bitcoin mining operation and mining rig reseller, Compass Mining, a substitute documentary is being launched that covers the bitcoin mining operations in central WY. The documentary, generally known as “Bitcoin in Cowboy County: Wyoming’s Powder stream Miners,” premiered on the Empower Conference in Houston, Texas, on March 31.
Compass Mining and JAI Energy to Premiere Bitcoin Mining Documentary at Empower Conference in Texas
A brand new documentary is setting out that’s targeted spherical the topic of bitcoin mining and its relationship with the oil and gasoline enterprise in WY. The documentary is being aired by Compass Mining and may characteristic the bitcoin power options provider JAI Energy. “[The film] showcases however JAI Energy is harnessing excess energy from oil gas production to make money out of otherwise wasted resources,” an announcement from Compass Mining despatched to Bitcoin.com News explains.
The announcement notes that JAI Energy was particularly engineered to “mine and supply bitcoin mining services for applications involving stranded, flared, and poor economic gas streams.” The company incorporates a mining facility located inside the state of WY in Casper, and likewise the operation is featured inside the image present. per Compass Mining, the Wyoming is wherever all manufacturing of JAI Energy’s mining information facilities takes place. William Foxley, the director of the documentary and content material director at Compass Mining, mentioned the staff is “excited to inform JAI Energy’s story.”
“Natural gas has such a lot of benefits for bitcoin mining. JAI associated alternative miners produce prices off an otherwise wasted resource,” Foxley defined in an exceedingly assertion. “With the documentary, we wished to humanise the Bitcoin mining business by transporting the viewer to the scene of action. Bitcoin mining is revolutionizing the long run of the oil and gas business in Wyoming state, and we are lucky enough to point out it initially on tape.”
The documentary follows the information that was leaked final week that famous Exxon Mobil Corporation (NYSE: XOM) was working in ND piloting a gas-to-bitcoin mining program with Crusoe Energy Solutions. Additionally to companies like Crusoe Energy and JAI Energy, various companies like Upstream information, Greenidge Generation, and EZ Blockchain give gas-to-bitcoin providers moreover. A CNBC report highlights that ExxonMobil and Crusoe Energy are eradicating over ten million cubic ft of alkane gasoline per day by mining bitcoin (BTC).
“At Compass, we wish to create bitcoin mining accessible to everybody. We tend to love that JAI Energy is providing an innovative answer to issues within the oil and gas business by capturing increasing gas, changing the gas into electricity, and manufacturing bitcoin off the stranded energy,” remarked scintilla chemist, the CEO of Compass Mining.
The publish ‘Bitcoin in Cowboy County’ — New Documentary to Feature Gas-to-Bitcoin Mining Solutions in Central Wyoming first appeared on BTC Wires.