Environment

Reuters provides insight on oil drillers and Bitcoin miners bond over natural gas

Reuters took readers on a deep dive into how stray natural gas, unwanted by U.S. oil companies, is being converted on the spot into electricity to power a search for another treasure: cryptocurrencies such as Bitcoin. Oil companies face pressure from investors and government officials to reduce emissions that lead to global warming. Sometimes they give the gas away for free to cryptocurrency miners; other times they sell it. 

Article Tags
Topics of Interest: Environment
Type: Reuters Best
Sectors: Commodities & Energy
Regions: Global
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Major Global Story
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