Why fossil fuel companies see green in Bitcoin mining projects

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tldr; ExxonMobil is reportedly planning to mine Bitcoin in North Dakota’s Bakken oil fields in 2021. The company is also considering doing the same in Alaska and parts of Nigeria, Argentina, Guyana, and Germany. Cryptomining cuts CO2 emissions by 63% compared to flaring natural gas, a company says.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*



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