American miners are beginning to cooperate with Oman's power engineers – Bits Media

Miners from the American company Crusoe Energy promised to help the authorities of the Sultanate Oman to solve energy and environmental problems.

Against the backdrop of persecution of cryptocurrency mining with POW, American energy company, also engaged in mining, I decided to enter the country's market on the shore of the Persian Gulf. Crusoe Energy launches production in Oman, which exports to the global energy market 21% total natural gas. Americans invited the Sultanate to the problem of the problem, associated with the burning of torch gases, accompanying gas production.

The company will open an office in the capital of the country of Maskat and install its equipment for capturing gas waste in wells. Businessmen have already discussed cooperation plans with the largest Oman energy producers, OQ SAOC и Petroleum Development Oman.

According to Crusoe Director Crusoe, Chase Lochmiller (Chase Lochmiller), The first pilot project will be launched by the end of the year or at the beginning of 2023. In an official statement, Lochmiller emphasized the mission of his company: strengthen the presence in the Middle East and in North Africa:

“We are looking for support from countries, who are actively trying to solve the problem of torch gases ".

The businessman drew attention, that an acute discussion around the ethical aspects of the use of fossil fuel during cryptocurrency mining remains one of the key topics. Against this background of this partnership between the company from Denver and the government of the rich gas of the Middle Eastern country, it opens up the prospect of demonstrating a positive role in cryptography in reducing waste of fossil fuel.

The interest of the Oman government in partnership is due to the desire to reduce harmful emissions in the process of hydrocarbon production. Together with Algeria, Iraq, Libya, Egypt and Saudi Arabia on Oman 90% burning torch gases of the entire Arab region. And the region itself has to 38% world volume of these emissions. IN 2018 year, According to the UN Special Commission 10% A total of gas consumption in the Oman was in the torches burning at the fields.

In May, Geneious analyst Daniel Batten (Daniel Batten) stated, that the production of bitcoin when burning methane from different sources, including gas torches, will reduce the carbon trace and the threat of global warming.