Oil companies and government agencies in Russia have begun to consider the idea of using natural gas produced during oil production while mining cryptocurrencies.
According to the news of Kommersant, Deputy Minister of Industry and Trade of Russia Vasily Shpak said that the oil fields in Russia for cryptocurrency mining applied to the Ministry of Digital Development, Communication and Mass Communications and the Central Bank to get feedback on the possibility of using it.
The idea of using natural gas from oil fields in energy production and transferring it to data centers where cryptocurrency mining will be done, introduced by private companies and submitted to the evaluation of the authorities.
When companies produce oil spin off natural gas, which it obtains from time to time due to financial and logistical reasons. flare can be destroyed by this method. Republican Senator Ted Cruz in the USA said that natural gas Transferring it to cryptocurrency miners in Texas recently made a recommendation.
The use of waste natural gas from the fields for mining purposes “It may attract the attention of foreign investors” and by the authorities in Russia “continuing to be discussed” reported.
Gazpromneft, a subsidiary of Gazprom, converted the waste natural gas it obtained from an oil field in Siberia into electricity last year. to mining companies He was starting to lead. A company called Vekus, which cooperated with Gazpromneft for testing purposes, produced 1.8 BTC in a month.
Local experts think that the application in question may cause legal problems.