Crusoe Energy and Omaning companies Oman use associated gas for mining – Bits Media

Using associated gas for mining – Bits Media />

The sovereign fund of Oman became the shareholder of the Crusoe Energy mining company for the development of cryptocurrency production technology due to electricity, obtained from the burning of associated gas.

Oman Investment Authority has acquired a share in the joint capital of the American company Crusoe Energy in the amount $350 million. Director of Crusoe Energy Chase Lochmiller (Chase Lochmiller) He told what, The company will open an office in the capital of Oman, Mask, Where will the process of deploying electric gas generators and mining equipment on the country's drilling grounds be controlled.

Although Crusoe Energy claims, that the use of its technologies significantly reduces the cost of the production of electricity, Environmental taxes of oil companies, as well as tinted combustion of associated gas emissions into the atmosphere, She is regularly criticized by climatic activists.

According to experts, The fact, that the company uses gas, which otherwise would be burned, Does not cancel it, that it burns fossil fuel for cryptocurrency mining. Recall, that in April of this year, Crusoe Energy attracted $505 Milln for the development of energy -saving programs in the United States.