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Russian Oil Drilling Giant Opens a Crypto Mining Farm Run on Gas Energy

Russian Oil Drilling Giant Opens a Crypto Mining Farm Run on Gas Energy

Gas flaring on the Bakken oil field (Ken Cedeno/Getty) Gazpromneft, the oil subsidiary of Russia’s natural gas giant Gazprom, is getting into a different kind of exploration. The company opened a venue for cryptocurrency mining on one of its oil drilling sites in Siberia, unlocking the power of Russia’s oil and gas resources for the needs of bitcoin mining. Gazprom, a company...

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Bakken Gazprom Gazpromneft Ken Cedeno Russia Siberia