Argentine Oil Firm Tecpetrol Taps into Cryptocurrency Mining using Excess Gas

Buenos Aires-based oil producer, Tecpetrol, is innovating in a unique way. The company is set to harness surplus gas for cryptocurrency mining. This latest move, announced on September 24, is centered in the Los Toldos II Este zone, situated to the north of Vaca Muerta in Argentine Patagonia. Tecpetrols strategy is two-fold: they aim to bolster their crude oil extraction venture and also maximize the application of gas, curtailing its wastage. The facility is projected to produce around 35,000 barrels of oil every day. However, the company confronted a challenge - the significant gas...

source: https://tokenpost.com/Argentine-Oil-Firm-Tecpetrol-Taps-into-Cryptocurrency-Mining-using-Excess-Gas-10737

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