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The EU wants to cut its Russian energy imports by crypto mining is a novel but dubious solution. At best, converting flares to with an unusual snow dump produces carbon dioxide.
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Bitcoin Mining at a Flare Gas Oil Well Site. BTC Farm Tour.Flared gas and Bitcoin mining sound like a match made in heaven � but not all stranded gas is the same. Brent Whitehead and Matt Lohstroh are mining bitcoin off flare gas from oil drilling. While both flared and vented methane emissions could be used for bitcoin mining, ARK believes that vented methane will be the first target.