Meet the company mining bitcoin using the flare gas from oil drilling – and drawing investment from Coinbase and the Winklevii
Crusoe Energy captures the energy from flare gas at oil patches and uses it to “mine” bitcoin. The company is now one of the US’s biggest miners and has attracted investment from Coinbase. The crypto world is increasingly focused on the climate, particularly after Elon Musk’s criticisms. Sign up here for our daily newsletter, 10 Things Before the Opening Bell.