The extra 9% deployed capacity the company obtained is equivalent to removing 170,000 cars from the road, Crusoe highlights. CryptoMining FlareGas
on Wednesday details that GAM’s assets add “approximately 9% to Crusoe’s capacity.” The company will have 125 flare gas-powered modular data centers on the site and it will help “reduce flaring by approximately 20 million cubic feet per day.”
“We value the relationships established by Great American Mining with oil and gas producers in the Bakken oil fields, and look forward to developing these relationships to enhance and expand DFM operations wherever flaring may be a challenge,” Crusoe’s co-founder and CEO Chase Lochmiller said during the announcement.
Crusoe says the deployed capacity allows the company to reduce an estimated 800,000 metric tons of CO2-equivalent emissions per annum. The deployed capacity is equivalent to removing 170,000 cars from the road, Crusoe highlights. “Our belief at Great American Mining is that bitcoin mining is an important solution to stranded gas and flaring problems – problems that have frustrated the oil & gas industry’s efforts to improve environmental performance and efficient use of Earth’s natural resources for decades,” Todd Garland the CEO and founder of GAM noted.
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