Bengal Energy to mine Bitcoin using stranded gas wells in Australian outback

2022.04.01 05:52

Canadian oil and gas company Bengal Energy is dipping its toes into Bitcoin (BTC) mining as a way of utilizing the untapped energy from its gas wells in the far reaches of the Australian outback.

According to a report from The Australian, Bengal Energy is set to conduct a pilot program where roughly 70 Bitcoin mining rigs will be set up inside a portable building — known in the local mining industry as a “donga” — which will be assembled near a series of previously out-of-operation gas wells in the Cooper Basin.

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