Genesis Digital Assets has partnered with YPF Luz, a subsidiary of Argentina's state-owned energy company, to launch a new Bitcoin mining center in Argentina. The facility, with a total capacity of 7 MW, will utilize electricity generated from stranded gas, a byproduct of oil extraction that is typically flared into the atmosphere. This initiative will repurpose the flared gas to power 1,200 bitcoin mining machines, aligning with environmental goals by reducing gas flaring.
BREAKING: 🇦🇷 Argentina to mine #Bitcoin using stranded gas with 1,200 bitcoin mining machines - Forbes 🔥 https://t.co/IWSxpH5okP
BREAKING: Argentina to mine #Bitcoin using stranded gas with 1,200 bitcoin mining machines - Forbes 🔥 https://t.co/un5pzT3GlE
💥BREAKING💥 Argentina state-owned company’s subsidiary will mine #Bitcoin with Stranded Gas https://t.co/GzEEzsksXt
JUST IN: 🇦🇷 Argentina state-owned company’s subsidiary will mine $BTC with Stranded Gas: Forbes Eventually, every country will be mining #Bitcoin https://t.co/bu6sCXEUJ1
Genesis to Launch New Bitcoin Mining Center in Argentina Using Flared Gas With a total capacity of 7 MW, the data center will utilize electricity generated from stranded gas, effectively converting gas that would otherwise be flared, into electricity to power the BTC mine. https://t.co/FqytWEgKzQ
In Argentina, #Bitcoin miners will operate using stranded gas thanks to the alliance between Genesis Digital Assets and YPF Luz. My latest for @Forbes 👇 https://t.co/uRx4THarBS