Chicago Company Mines at Oil Wells, Educates Producers About Bitcoin - Bitcoin News

Also read: Canadian Company Commissions 3 Bitcoin Mining Units to Restart Oil Well Oil production has certain byproducts, one of which is natural gas. The company promotes its products and services in a couple of regions in the U.S. where oil and gas producers operate and significant quantities of excess gas are being released every day.

And small gas producers are struggling with current gas prices on the market and they are forced to close their wells,” EZ Blockchain founder Sergii Gerasymovych told news.Bitcoin.com. “Basically, we split the business in two directions now, working with big oil producers in ND and with very small gas producers in Ohio,” Gerasymovych shared in an email.

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