Crusoe Energy will offer oil companies to use surplus natural gas for cryptocurrency mining.

Crusoe Energy Systems has announced the development of mobile modular data centers that can be used for mining cryptocurrencies , consuming the excess gas remaining in oil production. It is reported that with the help of such mobile data centers, oil producing companies will be able to stop burning excess gas and use it for cryptocurrency mining . This will also reduce emissions of carbon dioxide, volatile organic compounds and nitric oxide immediately by 99%. “We are committed to developing new technologies to reduce emissions from gas flaring that can cope with the large gas flow generated by shale oil producers in North America. Crusoe technology enables the use of wasted energy for growing industries that require energy-intensive computing. For example, for the areas of blockchain and artificial intelligence, ”said Chase Lochmiller, co-founder and head of Crusoe. The company has already received more than $ 4.5 million investment in the development of appropriat...