NATURAL GAS CRYPTOCURRENCY MINING
FOR HOUSTON, TX; LAKE CHARLES, LA; HOBBS, NM & BEYOND
Many companies in the energy sector have recently joined forces with unexpected partners: cryptocurrency companies.
Cryptocurrency is a digital currency that is impossible to counterfeit and not under the control of an authority like a government. Instead, it is traded on a direct, peer-to-peer basis. Cryptocurrency must be “mined” by computers that solve complicated mathematical problems in mobile data centers. The process is very energy intensive, using a lot of electricity and releasing emissions in the process of entering new cryptocurrency into circulation.
Luckily, there is a way that cryptocurrency companies and energy companies can combine their operations to cause less harm to the environment. We here at Credence Gas Services LLC are proud to partner with cryptocurrency companies and put our extra energy production to use. Based in the Alvin, TX area, our gas processing company takes pride in helping cryptocurrency companies throughout Houston, Corpus Christi, College Station, Midland, Beaumont, TX; Lake Charles, LA; Hobbs, NM and all across the country.
Contact us today to learn more about how natural gas cryptocurrency mining can not only benefit your operation but the environment as well!
HOW DOES IT WORK?
Oil and gas companies often produce stranded or flared gas as a byproduct of their normal operations. For example, flare gas is the process of burning high concentrations of methane to turn it into carbon, which is less harmful to the environment than methane. However, this carbon is normally wasted energy because it isn’t stored or used for anything.
Cryptocurrency companies can set up mobile data centers on oil fields and use generators to capture the flare or stranded gas, which then powers their mining operations. Through this type of partnership, energy companies waste less gas and release fewer emissions into the atmosphere while cryptocurrency companies avoid overwhelming the market with high energy demands.
MINING BITCOIN USING NATURAL GAS
Credence has partnered with Crypto Miners to provide operators working with natural gas multiple options. Whether you’re working with rich gas in the Permian or lean gas in Haynesville we are here to do as much or as little for operators.
- Consulting
- Turn Key Installs
- Gas Purchasing Plans
CONTACT US TODAY TO LEARN MORE
We are proud to offer this cutting-edge flare mitigation solution. Feel free to reach out to us today if you’d like to learn more about how Credence Gas Services LLC is utilizing otherwise wasted energy to fuel cryptocurrency mining operations.
