$120B Oil and Gas Giant ConocoPhillips Joins The Bitcoin Mining Fuel Business

[NFT_QUEEN]

$120B Oil and Gas Giant ConocoPhillips Joins The Bitcoin Mining Fuel Business

 

ConocoPhillips, one of the world’s largest independent oil and gas exploration companies is utilizing its extra gas to power Bitcoin mining

 

https://zycrypto.com/120b-oil-and-gas-giant-conocophillips-joins-the-bitcoin-mining-fuel-business/

[jamietn]

Another one for the ultimate idiocy 2222 time capsule. I hope our ancestors have a good sense of humour.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

[boo_star]

I don't see how this is in any way helpful.

 

Previously they were burning off the excess gas and wasting it in the process.  Now they're selling it to a Bitcoin miner who is doing the same thing on their behalf.

 

Surely there must be a way to trap this excess gas and actually  use it for something useful.