Gazpromneft, one of Russia’s largest oil producers, has teamed up with BitRiver to enable cryptocurrency mining in some oil fields.
Gazpromneft will supply energy to the data centers to be established by BitRiver under the agreement.
These centers, which will be used for mining, have not yet Incomplete transport infrastructure or transportation costs are too high will be established in oil fields.
The agreement between the parties was reached at the International Economic Forum in Saint Petersburg.
Some cryptocurrency miners meet their energy needs, which are released during oil production and are normally considered as waste thanks to gas. According to some media reports recently Gas sales to mining facilities as part of a pilot study conducted by ExxonMobil doing.
BitRiver, with which Gazpromneft, Gazprom’s subsidiary company, made an agreement, came to the fore with a statement made by the US Treasury Department in April.
The Office of Foreign Asset Control (OFAC) within the Ministry “contributes to earning income from its natural resources” on April 20, BitRiver added to the sanctions list.
The company is now Russia’s largest As one of the cryptocurrency miners continues its activities.