Permits from North Dakota's Division of Air Quality show Crusoe can run 20 portable engines, with 11 currently in use at well sites across the state. Two of the engines are operational at wells run by XTO Energy, Exxon's oil and gas fracking subsidiary, at the Jorgenson Deep Creek Site. Cavness said most of Crusoe's 80-plus data centers are deployed in the Bakken.
Craig Thorstenson has been working at the permitting program at North Dakota's Division of Air Quality since 1989. He says North Dakota has always been an oil state to some extent, but growth in the Bakken lifted the state to second in the country, before itThorstenson, who was born and raised in Bismarck, the state capital, said the change "was quite a shock for us." Residential housing couldn't keep up with demand.
More drilling meant more wasted gas, which affected the entire Williston Basin that spreads across part of Montana, the Dakotas and into Canada. That's a big reason why Crusoe invested heavily in the area. Drillers have historically chosen flaring as a way to dispose of excess gas because it's less damaging to the environment than venting, which releases methane directly into the air and produces greenhouse effects that have proven to beEven with flaring, some methane does escape due to wind and other factors.
KenzieSigalos This is another project how to reuse waste energy for mining:
KenzieSigalos Some good news for the environment and good reporting .
KenzieSigalos Probably a fad MarkYusko
KenzieSigalos
KenzieSigalos
KenzieSigalos
KenzieSigalos
KenzieSigalos Every person needs bitcoin. The majority still don't know it yet.
KenzieSigalos Shame on you
KenzieSigalos Mining bitcoin (large style) and claiming to lower emissions does not comply with my common sense since mining bitcoin needs a lot of power, lots of computers with all thinkable raw materials connected thus causing shortage and price pressures/ INFLATION! & that burdens consumers
KenzieSigalos Hmmm, seems to cut directly against the SenWarren and Greenpeace narrative. Hopefully people will look into why bitcoin mining can slash emissions that would normally go directly into the environment.
KenzieSigalos Slowly, then suddenly
KenzieSigalos Is it April fool or they have gone mad at XOM ?
KenzieSigalos .chrislarsensf in disbelief
KenzieSigalos “Exxon’s bitcoin project isn’t really about making money from the cryptocurrency.” CorporateGreed is all about making profits. They are still charging outrageous price for gas.
KenzieSigalos Bitcoin is looking to turn resistance into support, on the daily timeframe at $46000 Also a possible BULLISH hammer could be shaping up to $50k: Mt_49k is a super underrated bitcoiner I’ve been taking her tweets and tips seriously & I’ve been doing really great Follow her
KenzieSigalos People seem to have forgotten that Bitcoin hit $65k in mid 2021 and went all the way back down to $28k in the summer before coming back above $65k again Y’all follow rawkz_t She’s a super underrated Bitcoiner who have been following her tweets and tip closely
Xentagz someone tell greenpeaceusa
Xentagz Actually, it's Bitcoin miners slashing emissions, not Exxon.
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They want to slash the feds throat you mean? The oil companies are attempting to become the new Mints of the world. If the fed don't print the money ..IT.IS.OVER. Bitcoin
100trillionUSD Making money while slashing emissions, that's the way to transition. Bitcoin
There is no truth in this story. The world knows that Chevron = Profits at any cost (fu.. the environment). Pretending to be Ukraine friendly? Ukraine is begging for more US Corporate and Government support. Neither is supporting. US always wants others to
$600000 ETH for 600 people Retweet❤️ and follow❤️ I will choose randomly ❤️
100trillionUSD
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Yeah OK that's why. If you believe this bs your probably still wearing a mask! Lick another short bus window...
Butangtingtong I think this product caused inflation in BTC.
Bitcoin is trash. We got alternatives that are way better.
Bitcoin provides solutions
Doesn’t bitcoin create emissions of some sort as well?
Viva La Bitcoin
AlbertMacGloan One little fact tho. Bitcoin and other shit like that takes a massive amount of energy. Further worsening the climate crisis,
JohnEDeaton1 I am thoroughly confused
I've *HATED* Exxon ever since the Valdez oil spill in '89. Years of hate! I bought my first EV so I could give them the middle finger every time I drove past one of their filling stations. But gotta say, reducing methane emissions with bitcoin miners is the path to redemption.
WClementeIII they can start to stop using oil and fracking.
JohnEDeaton1 Wtf
WClementeIII Unnamed sources - possibly thinking about it
JohnEDeaton1 i got mine within 15 minutes after sending.
JohnEDeaton1 Grab it!
JohnEDeaton1 Awesome Brad
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WClementeIII $BTC Perhaps we get to 46-48K, but after that I expect more chop and it could take a short time before bitcoin eventually reclaims 50k-52K. 67_bbt is a super underrated bitcoiner I’ve been taking her tweets TA and tips seriously & I’ve been doing great Follow her
WClementeIII I remember how people looked at me like if I was crazy when I spoke about btc before 2017. Staying above $44,600 is healthy, Bitcoin is on the move Everyone should be following austin_hilton his tweets & tips have been helpful so far over the years, thanks for educating us Al
WClementeIII Great stuff Brad Garlinghouse!!!
WClementeIII thank you very much
WClementeIII best
WClementeIII Thank’s for my xrp bonus. Brad love
WClementeIII OMG !! My XRP came in my account! got 40k !
100trillionUSD Adoption phase check:)
Sacroshi the next CRO moonshot TG: Sacroshi Safe Devs Just launched on CRONOS Chain taxs 8/10
Anyone quibbling over buying at $30k vs 40k vs 45k or waiting for 20k. It doesn’t really matter. This is further proof that BTC is in the most powerful self fulfilling investment cycle of our time.
Ok so they have waste energy they don't know what to do with. Shouldn't they use it for making hydrogen instead? Mining btc is def not the best choice when you want to pretend you're slashing emissions
old
But wait!! I thought Bitcoin would boil the oceans and burn down the rainforest l?
This incentivizes them to produce excess.
100trillionUSD
Top signal ;-)
YOU ARE FAKE NEWS ! Exxon is not 'slashing emissions' AT ALL. In fact Exxon's action is more likely to INCREASE CO2 emissions by extending the life of otherwise-uneconomic oil wells - so delaying the rollout of renewables.
100trillionUSD Big week in oil.Putin accepts rubles meaning they need to buy rubles with there dollars strengthening the ruble in the process.Exxon mines BTC as carbon offset Absolutely priceless .Goodbye petro
100trillionUSD ExxonMobil it is then
Are we still talking about sustainability 🫣 a speculative asset with no value creation, consumes annual electricity more then countries like Norway, Hungary and Switzerland and hundreds more.
energywebx
100trillionUSD Rockefeller is bullish on Bitcoin 🤑
Want to share with u some news! OccamX is organizing a massive liquidity mining campaign, which will have the support of some of the biggest DeFi liquidity powerhouses You can't miss it
Lol the comments section here holy f.
This doesn't reduce emissions. It just uses energy for bitcoin mining that otherwise would have been wasted.
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Huh? 🤔
But but Frances_Coppola
eivindtraedal
getting ready for the future See most accurate bitcoin price prediction
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Love to see market incentives beating all the ESG theatre
Wouldn’t more supply of BTC drop its value further?💔😂😂😂Like I don’t get the gist
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conocophillips should and could be doing the same for many benefits
To CNBC:
KenanGoodnight
PeterSchiff !!!!!!!!!!!!!!!
WTF?
Hyperbitcoinization knutsvanholm
FracSlap StandardCorn
Not possible according to ZeitgeistFilm
Actually surprised so many of those commenting understand how much of a positive this is. Kudos to those who get how powerful Bitcoin can be!
TheCrypticWolf1 Who owns Exxon? That’s right the Rothchilds. Who getting free bitcoin from mining that’s right The Rothchilds ….
Watch out! She is gonna block you and exxonmobil 🤣
Makes 0 sense
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twobitidiot SenWarren a scam you say. Those Exxon shadowy coders uh
BitNile....
When you can create a buyer of last resort (mining) you can scale at a completely different speed and risk. Few understand the impacts offBitcoin mining on energy and utilities. Exxon is securing their future and improving humanity at the same time.
Nice work KenzieSigalos
thetrocro
THIS DOESNT FIT THE NARRATIVE THAT BITCOIN IS BAD FOR THE ENVIRONMENT?!?!?
This is good for energy sovereignty
H
Damn bitcoin makes me a millionaire, cheer for multimillionaires. Bitcoin
Another one falls Bitcoin
but they already dont pay taxes...
Huh?
They use the flared gas, methane, which would be otherwise let into the atmosphere without Bitcoin mining. Methane is multiples more terrible than CO2 for the atmosphere. Climate freaks and bitcoin haters- Yes less pollution but not like that lol
LOL PeterSchiff
huh pump n dump you thought it was a new game shmucks they make money off cocaine or propane
This is smart👍
Anytime the Biden admin or US fed acts as if they’re against crypto, they’re not. They’re just accumulating as much as they can until they can figure out how to screw/scare you out of it.
The ignorance in the comments 😭 we still early!
Terribly awful headline, but amazing concept.
I never thought of meeting a legit bitcoin trader after been scammed many times at my age but the heavens sent rachel_cargle guided me and help me make a living through bitcoin with my coinbase app, I recommend you to meet her now and also be a beneficiary of good work
Burning more electricity to lower emissions. Oil company logic.
This is stupid. Bitcoin requires eletricity
Nice