‘Bitcoin in Cowboy County’ — New Documentary to Feature Gas-to-Bitcoin Mining Solutions in Central Wyoming – Mining Bitcoin News


In line with the bitcoin mining operation and mining rig reseller, Compass Mining, a brand new documentary can be launched that covers the bitcoin mining operations in central Wyoming. The documentary, referred to as “Bitcoin in Cowboy County: Wyoming’s Powder River Miners,” will premiere on the Empower Convention in Houston, Texas, on March 31.

Compass Mining and JAI Power to Premiere Bitcoin Mining Documentary at Empower Convention in Texas

A brand new documentary movie is popping out that’s centered across the topic of bitcoin mining and its relationship with the oil and gasoline trade in Wyoming. The documentary is being aired by Compass Mining and can function the bitcoin vitality options supplier JAI Power. “[The film] showcases how JAI Power is harnessing extra vitality from oil pure gasoline manufacturing to create worth out of in any other case wasted assets,” a press release from Compass Mining despatched to Bitcoin.com Information explains.

'Bitcoin in Cowboy County' — New Documentary to Feature Gas-to-Bitcoin Mining Solutions in Central Wyoming
Screenshot of JAI Power’s gas-to-bitcoin mining resolution.

The announcement notes that JAI Power was particularly constructed to “mine and supply bitcoin mining providers for purposes involving stranded, flared, and poor financial pure gasoline streams.” The corporate has a mining facility situated within the state of Wyoming in Casper, and the operation is featured within the film. In line with Compass Mining, the state of Wyoming is the place all manufacturing of JAI Power’s mining knowledge facilities takes place. William Foxley, the director of the documentary and content material director at Compass Mining, mentioned the staff is “excited to inform JAI Power’s story.”

“Pure gasoline has so many benefits for bitcoin mining. JAI and different miners create worth off an in any other case wasted useful resource,” Foxley defined in a press release. “With the documentary, we wished to humanize the Bitcoin mining trade by bringing the viewer to the scene of motion. Bitcoin mining is revolutionizing the way forward for the oil and pure gasoline trade in Wyoming and Texas, and we’re fortunate sufficient to point out it first on tape.”

The documentary follows the information that was leaked final week that famous Exxon Mobil Company (NYSE: XOM) was working in North Dakota piloting a gas-to-bitcoin mining program with Crusoe Power Options. Along with corporations like Crusoe Power and JAI Power, different corporations like Upstream Knowledge, Greenidge Technology, and EZ Blockchain present gas-to-bitcoin providers as nicely. A CNBC report highlights that Exxon Mobil and Crusoe Power are eradicating over 10 million cubic toes of methane gasoline per day by mining bitcoin (BTC).

“At Compass, we wish to make bitcoin mining accessible to everybody. We love that JAI Power is offering an modern resolution to issues within the oil and gasoline trade by capturing flared gasoline, changing the gasoline into electrical energy, and producing bitcoin off the stranded vitality,” remarked Whit Gibbs, the CEO of Compass Mining.

Tags on this story

Bitcoin in Cowboy County, Bitcoin mining, bitcoin mining Wyoming, BTC Mining, Casper Wyoming, CEO of Compass Mining, Compass Mining, Crusoe Power Options, crypto mining, Exxon Mobil Company, EZ Blockchain, Flare Gasoline, Greenidge Technology, JAI Power, JAI Power options, pure gasoline, Upstream Knowledge, Whit Gibbs, William Foxley, Wyoming

What do you consider the upcoming documentary that includes the gas-to-bitcoin resolution offered by JAI Power? Tell us what you consider this topic within the feedback part beneath.

Jamie Redman

Jamie Redman is the Information Lead at Bitcoin.com Information and a monetary tech journalist residing in Florida. Redman has been an lively member of the cryptocurrency group since 2011. He has a ardour for Bitcoin, open-source code, and decentralized purposes. Since September 2015, Redman has written greater than 5,000 articles for Bitcoin.com Information concerning the disruptive protocols rising at present.

Picture Credit: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This text is for informational functions solely. It isn’t a direct provide or solicitation of a proposal to purchase or promote, or a advice or endorsement of any merchandise, providers, or corporations. Bitcoin.com doesn’t present funding, tax, authorized, or accounting recommendation. Neither the corporate nor the writer is accountable, instantly or not directly, for any injury or loss precipitated or alleged to be attributable to or in reference to the usage of or reliance on any content material, items or providers talked about on this article.

Extra Common Information

In Case You Missed It



Source link

Comments are closed.

Shares